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Property profile & analytics
OFF-MARKET
Estimated value
$2,275,000
Manufacturing properties
137 Bledsoe Rd Newnan, GA 30265-1090
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1989158
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2008
Construction
STEEL FRAME
Total area
22,200 SF
Lot
3.15 ac (137,214 SF)
Zoning code
M
APN
085 5076 045
UPID
US22-1989158
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Sportzone Inc-Georgia Heat Allstar Cheer Company Gym & Fitness Center
-
Stirling Promotions, Inc. (Bike/Boat/Book/etc) Store Printing Service
-
RPM Truck Parts, LLC Auto Parts Store Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.21M
CAP Approach
CAP
$2.08M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.28M
Owner & transaction history
Gki Infill Atlanta LLC · 1 yrs held
Gki Infill Atlanta LLC
since 2025
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
M · Newnan, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.2M
+558.8%
Commercial (general)
$2.0M
+524.2%
Medical building
$1.4M
+338.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Newnan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newnan submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,230,000
ML approach
$2,210,000
CAP Approach
CAP Return
Estimation
6%
$2,255,000
6.5%
$2,080,000
7%
$1,930,000
Alternative Use
Use
Estimation
RESTAURANT
$2,155,000
Change: +559% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,045,000
Change: +524% · Conversion: Difficult
MEDICAL BUILDING
$1,435,000
Change: +338% · Conversion: Difficult
Blend value · Realmo final
$2.28M
Range $2.05M – $2.50M · ±10% · vs last sale $2.42M (Jun 22 2022)
Last sale anchor
$2.42M
Jun 22 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$102 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$20,251
Tax year 2024
Assessed value
$872,350
Assessed 2024
Previous assessed
$928,954
-6.1% YoY
Effective rate
2.32%
On assessed value
Assessed land
$154,770
Assessed improvement
$717,580
Land market value
$386,925
Improvement market value
$1,793,951
Total market value
$2,180,876
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
CENTRAL
Stories
1
Total area
22,200 SF
Lot
3.15 ac (137,214 SF)
Zoning code
M
APN
085 5076 045
UPID
US22-1989158
Jurisdiction
COWETA
Zoning & alternative use
M · Newnan, GA
Zoning M · permitted uses
M · Newnan, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newnan. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$1.4M
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Construction
STEEL FRAME
Heating
CENTRAL
Stories
1
Lot
3.15 ac
Current owner
From public records · entity-resolved
Gki Infill Atlanta LLC
Entity
Mailing address
280 PARK AVE, NEW YORK, NY 10017-1274
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2025
—
Gki Infill Atlanta LLC
Oversea Chinese Banking Corp Ltd Ne
Quitclaim Deed
related
—
Jun 22, 2022
$2,422,000
Gki Infill Atlanta LLC
Fp Gimel Ga LP
Warranty Deed
$340,000,000 · Oversea Chinese Banking
Feb 5, 2020
—
Fp Gimel Ga Ap
—
Deed
related
$90,000,000 · Keybank USA
Jan 10, 2020
$1,275,000
Fp-gimel Ga LP
Bwbk LLC
Grant Deed
—
Jan 10, 2020
—
Fp-gimel Ga LP
Bwbk LLC
Quit Claim Deed
related
—
Oct 3, 2014
—
Bwbk LLC
—
Trustees Deed
related
$41,212 · Branch Bk&tr
Aug 1, 2012
$736,000
Bwbk LLC
Charterbank
Grant Deed
$625,600 · Branch Banking & Trust Co
Sep 14, 2010
$1,000,000
Charterbank
Neighborhood Cmnty Bk
Trustees Deed
—
—
—
Fp Gimel Ga Ap
—
Deed Of Trust
related
$90,000,000 · Keybank USA
—
—
Bwbk LLC
—
Deed Of Trust
related
$81,600 · Branch Banking & Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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