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    Property profile & analytics

    1120 Hwy 16th E Newnan, GA 30263-5245

    • Warehouses
    • 24,000 SF
    • 4.59 lot acres
    OFF-MARKET
    Value Estimation
    $2,030,000
    Last Sale
    Feb 11, 2022
    $2,100,000
    Location Intelligence
    Property ID
    US22-3197369
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 1120 Hwy 16th E

    Year built
    1999
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    4.59 lot acres
    Property size
    24,000 SF
    Zone code
    R1
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    100 2061 002
    APU
    1002061002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,935,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,955,000
      6.5%
      $1,975,000
      7%
      $1,955,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,295,000
      Geo Method
      $2,350,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,890,000
      Retail
      $2,215,000
      Mixed-Use
      $2,260,000
      Hospitality
      $2,145,000
      Educational
      $2,030,000
      Residential Income
      $1,850,000
      Energy
      $1,870,000
      Income-Based Land
      $1,865,000
      Food Service
      $2,130,000

    Location Insight

    • Map
    • Local Demand
    City
    Newnan
    County
    Coweta
    State
    Georgia
    Longitude
    -84.7451
    Latitude
    33.337
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $28,891
    $100,980
    $1,144,700
    $1,245,680
    -
    $252,450
    $2,861,750
    $3,114,200

    Comparable in this City

    • Value Estimation by Request
      1,175 SF

      15 Andrew St

      MINI-WAREHOUSE, STORAGE • 1,175 SF
      15 Andrew St, Newnan, GA 30263-1901
      View Details
    • Value Estimation by Request
      6,000 SF

      1170 Hwy 16th E

      MINI-WAREHOUSE, STORAGE • 6,000 SF
      1170 Hwy 16th E, Newnan, GA 30263-5245
      View Details
    • Value Estimation by Request
      11,216 SF

      22 Long Pl

      MINI-WAREHOUSE, STORAGE • 11,216 SF
      22 Long Pl, Newnan, GA 30263-2706
      View Details
    • Value Estimation by Request
      17,278 SF

      24 Long Pl

      MINI-WAREHOUSE, STORAGE • 17,278 SF
      24 Long Pl, Newnan, GA 30263-2706
      View Details
    • Value Estimation by Request
      7,440 SF

      11 Mcbride St

      MINI-WAREHOUSE, STORAGE • 7,440 SF
      11 Mcbride St, Newnan, GA 30263-1059
      View Details
    • Value Estimation by Request
      1,950 SF

      12 Tower Pl

      MINI-WAREHOUSE, STORAGE • 1,950 SF
      12 Tower Pl, Newnan, GA 30263-1480
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      271,111 SF

      Newnan Warehouse and Distribution Space

      157,134 SF available on 30.4 acres in Newnan, GA.
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      View Details
    • $3,699,000
      9.50 Acres

      Prime 9.5-Acre Commercial Land

      Newnan, GA Highway 16 development opportunity.
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      Prime Newnan Commercial Land

      0.91-acre corner lot, ideal location.
      2521 Ga-16, Newnan, GA 30263
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      Newnan Bypass Residential Land

      7.5 Acres, High-Density Zoning, Prime Location
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    • $300,000
      1.37 Acres

      Prime Waterfront Lot in Newnan, GA

      1.37-Acre Waterfront Residential Lot
      0 Alexander Creek Rd, Newnan, GA 30263
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    Similar Nearby for Lease

    • Contact for pricing
      15,000 SF

      Industrial Space in Newnan, Georgia

      Lease 15,000-90,000 SF industrial space with dock-highs.
      Ellen Sims Ct, Newnan, GA 30263
      View Details
    • Contact for pricing
      244,200 SF

      Newnan Warehouse Space Available

      244,200 square foot warehouse space for rent in Newnan.
      873 Highway 29 S, Newnan, GA 30263
      View Details
    • Contact for pricing
      90,000 SF

      Industrial Space Available for Lease

      Industrial space for lease, subdividable, rear loading, dock-highs and drive-ins.
      Ellen Sims Ct, Newnan, GA 30263
      View Details
    • Contact for pricing
      148,300 SF

      Newnan Warehouse Space Available

      148,300 SF warehouse space for lease in Newnan, Georgia.
      765 Highway 29 S, Newnan, GA 30263
      View Details
    • Contact for pricing
      146,121 SF

      Newnan Executive Office Space

      Prime Newnan Office, Retail & Restaurant Space
      228 Bullsboro Dr, Newnan, GA 30263
      View Details
    • $1,899 /Mo

      Luxury Townhomes for Rent

      Upscale townhomes available for rent in Newnan, Georgia.
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    1120 Hwy 16th E
    Newnan, GA 30263-5245
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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