Entity Owned Property summary
AI-generated overview
This single-story, 9,944 square foot Class B office building is located at 15 Baker Road, Newnan, GA 30265, conveniently situated on Highway 34 in Coweta County. Built in 1998, the property features multiple tenancies, with one 1,800 square foot space currently available for lease. The building boasts recently completed renovations, including a new HVAC system (landlord-paid replacement). Further site improvements are currently underway. The interior includes two back rooms and three restrooms, providing ample space for various business needs. The building's prominent Highway 34 frontage ensures excellent visibility and accessibility for potential tenants. This property presents a unique opportunity for businesses seeking a well-maintained, conveniently located office space in a thriving area. The property is a traditional office building with a total of 9,944 square feet across one building. The address is 15 Baker Road, which intersects with Highway 34.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1998
Construction
WOOD
Total area
9,944 SF
Lot
1.27 ac (55,321 SF)
Zoning code
R1
APN
109 6006 038
UPID
US22-0951666
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
-
Discount Store (Bike/Boat/Book/etc) Store
-
Take-out & Catering
-
Hospital
-
Medical Supply Store
-
(Bike/Boat/Book/etc) Store Alternative Medicine Practice
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.85M
CAP Approach
CAP
$2.46M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.85M
Owner & transaction history
since 2024
Last sale
$1.9M
1 recorded transaction
Zoning & alternative use
R1 · Newnan, GA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.85M
Value range
$1.67M – $2.04M
±10% around blend
Estimated value / SF
$186 / SF
Confidence
Property data
100
Comparable evidence
60
$1.67M
blend $1.85M
$2.04M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
9,944 SF
Lot area
1.27 ac
Year built
1998
Stories
1
APN
109 6006 038
Zoning
R1
Assessed value
$359,494
Annual tax
$8,856
3
Income approach: direct capitalization
Partial preview
Income approach indication
$2.46M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.67M
@ 6.5% CAP return
$2.46M
@ 7% CAP return
$2.29M
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.85M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
8.60%
Implied, in-place cap rate for this strip malls
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.60%
9.0%
NOI (est.)
$130k *
Last sale · Jul 2024
$1.85M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.51M
Move the market yield to see immediate price impact.
Value / SF
$151
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
8.10%8.60%9.10%
$117k
$1.44M
$1.36M
$1.28M
$130k
$1.60M
$1.51M
$1.42M
$142k
$1.76M
$1.66M
$1.57M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,856
Tax year 2023
Assessed value
$359,494
Assessed 2023
Previous assessed
$359,494
+0.0% YoY
Effective rate
2.46%
On assessed value
Assessed land
$197,160
Assessed improvement
$162,334
Land market value
$492,900
Improvement market value
$405,834
Total market value
$898,734
Applied tax rate
1.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1998
Construction
WOOD
Heating
CENTRAL
Stories
1
Total area
9,944 SF
Lot
1.27 ac (55,321 SF)
Zoning code
R1
APN
109 6006 038
UPID
US22-0951666
Jurisdiction
COWETA
Zoning & alternative use
R1 · Newnan, GAZoning R1 · permitted uses
R1 · Newnan, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1998
Construction
WOOD
Heating
CENTRAL
Stories
1
Lot
1.27 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R1
Jurisdiction
Newnan, GA
Recorded code
R1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R1 in Newnan, GA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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