18 Highway 16 Newnan, GA 30263
Property profile & analytics
18 Highway 16 Newnan, GA 30263
- Warehouses
- 6,780 SF
- 2.65 lot acres
Property ID
US22-3350827
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.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 18 Highway 16
- Year built
- 1955
- Construction
- WOOD FRAME
- Lot size
- 2.65 lot acres
- Property size
- 6,780 SF
- Zone code
- C
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 088 2071 006
- APU
- 882071006
Description
This exceptional 2.65-acre commercial lot presents a rare opportunity for development in the thriving Newnan, Georgia market. Boasting a prime corner location, this property offers unparalleled visibility and accessibility. Its strategic placement provides easy access to major transportation arteries, including Interstate 85, just 0.5 miles away, ensuring seamless connectivity for businesses and their clientele. Furthermore, its proximity to The Orchard Hills Business Park (0.3 miles) and the Newnan/Coweta Airport (2 miles) enhances its appeal and potential for a wide range of commercial ventures. The expansive 2.65-acre parcel provides ample space for the construction of a substantial building or a multi-unit development, catering to diverse business needs. The high traffic count in this area guarantees significant exposure, making this property an ideal investment for businesses seeking a prominent presence in a rapidly growing community. This exceptional location offers a unique blend of convenience, visibility, and growth potential, making it a truly remarkable opportunity for discerning investors and developers. The property's size and strategic location make it suitable for a variety of commercial uses, from retail and office spaces to light industrial facilities. The high visibility and accessibility will ensure a strong return on investment. Don't miss this chance to acquire a premier commercial property in a dynamic and expanding market.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $758,000
- AI Estimate
- $506,000
Market price range: $230k - $1.04MMarket price range: $184k - $637k -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $600,000 Current use
- COMMERCIAL (GENERAL)
- $1,085,000 Change: +81% Conversion: Difficult
- RETAIL STORES
- $800,000 Change: +34% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Newnan
- County
- Coweta
- State
- Georgia
- Longitude
- -84.78
- Latitude
- 33.3303
- 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
$3,092
$99,375
$33,954
$133,329
-
$248,438
$84,885
$333,323
