Technical
Financial
Distress signals
Property profile

1189 Hwy 16th E Newnan, GA 30263

OFF-MARKET
Warehouses
Property ID
US22-1285367
6,000 SF 4.73 ac lot Built 1990
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1990
Construction STEEL FRAME
Total area 6,000 SF
Lot 4.73 ac (206,039 SF)
Zoning code 1
APN 100 2061 035
UPID US22-1285367

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Building Supply Industrial Manufacturer

Location

1189 Hwy 16th E Newnan, GA 30263-5329
Newnan metro Census 170802 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$917k
Blend (final) Blend
$270k

Owner & transaction history

since 2017
5 recorded transactions
2025
Price N/A
2017
Price N/A
2017
$1.2M
2012
$10,000
2012
$477,500

Zoning & alternative use

1 · Newnan, GA
Top alternative use upside
Auto repair, garage $1.1M +101.5%
Commercial (general) $960,000 +81.4%
Retail stores $710,000 +34.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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