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Property profile & analytics
OFF-MARKET
Estimated value
$2,515,000
Medical Office Space
1665 Hwy 34th E Newnan, GA 30265-2403
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-2107557
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2011
Construction
WOOD
Total area
9,982 SF
Lot
1.06 ac (46,174 SF)
Zoning code
2
APN
W03 408
UPID
US22-2107557
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.49M
CAP Approach
CAP
$2.23M
Comparable Approach
Comparable
$2.62M
Blend (final)
Blend
$2.52M
Owner & transaction history
Denali Partners LLC · 3 yrs held
Denali Partners LLC
since 2023
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
2 · Newnan, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.4M
+11.6%
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
$2,360,000
ML approach
$2,490,000
CAP Approach
CAP Return
Estimation
6%
$2,410,000
6.5%
$2,225,000
7%
$2,070,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,115,000
Current use
RESTAURANT
$2,365,000
Change: +12% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,030,000
Change: -4% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,775,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$2.52M
Range $2.26M – $2.77M · ±10% · vs last sale $2.70M (May 4 2023)
Last sale anchor
$2.70M
May 4 2023
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
$252 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$22,318
Tax year 2023
Assessed value
$961,420
Assessed 2023
Previous assessed
$961,420
+0.0% YoY
Effective rate
2.32%
On assessed value
Assessed land
$138,522
Assessed improvement
$822,898
Land market value
$346,305
Improvement market value
$2,057,246
Total market value
$2,403,551
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2011
Construction
WOOD
Heating
CENTRAL
Stories
1
Total area
9,982 SF
Lot
1.06 ac (46,174 SF)
Zoning code
2
APN
W03 408
UPID
US22-2107557
Jurisdiction
COWETA
Zoning & alternative use
2 · Newnan, GA
Zoning 2 · permitted uses
2 · 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
MEDICAL BUILDING Current
Est. value
$2.1M
RESTAURANT
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.8M
MEDICAL BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2011
Construction
WOOD
Heating
CENTRAL
Stories
1
Lot
1.06 ac
Current owner
From public records · entity-resolved
Denali Partners LLC
Entity
Mailing address
1265 HWY 54TH W STE #401, FAYETTEVILLE, GA 30214-4537
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2023
$2,700,000
Denali Partners LLC
Summit Medical Properties LLC
Warranty Deed
$2,160,000 · Delta Community Credit Union
Dec 3, 2019
—
Summit Medical Properties LLC
—
Deed
related
$1,823,000 · Ameris Bk
Mar 27, 2017
—
Summit Medical Properties LLC
—
Deed
related
$1,240,893 · Fidelity Bk
Apr 8, 2011
—
Summit Medical Properties LLC
—
Trustees Deed
related
$1,400,000 · Bank Of North Georgia
Nov 18, 2010
$270,000
Summit Medical Properties LLC
Neighborhood Cmnty Bk
Grant Deed
$150,000 · Synovus Bank
—
—
Summit Medical Properties LLC
—
Deed Of Trust
related
$1,823,000 · Ameris Bk
—
—
Summit Medical Properties LLC
—
Deed Of Trust
related
$1,240,893 · Fidelity Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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