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Property profile & analytics
OFF-MARKET
Estimated value
$24,565,000
Medical Office Space
1825 Hwy 34th E Newnan, GA 30265-6423
Entity Owned
4-yr Hold
Free & Clear
Property ID
US22-1717756
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2008
Construction
STEEL FRAME
Total area
108,138 SF
Lot
6.36 ac (277,042 SF)
Zoning code
2
APN
109 5080 053
UPID
US22-1717756
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
-
Central Home Health Care, an Amedisys Company Home Health Care Service
-
Restorative Wellness & Aesthetics Spa & Massage Center Alternative Medicine Practice
-
Brittani Perry, NP Spa & Massage Center Alternative Medicine Practice
-
Everett J. Mason, III, DPM Physician
-
Peachstate Advanced Cardiac & Endovascular: Oghenerukevwe Odiete MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$24.12M
Comparable Approach
Comparable
$15.74M
Blend (final)
Blend
$24.57M
Owner & transaction history
Kagr2 Newman 1825 LLC · 4 yrs held
Kagr2 Newman 1825 LLC
since 2022
Last sale
$28.4M
6 recorded transactions
Zoning & alternative use
2 · Newnan, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$25.6M
+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
$26,170,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$26,130,000
6.5%
$24,120,000
7%
$22,400,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$22,935,000
Current use
RESTAURANT
$25,600,000
Change: +12% · Conversion: Difficult
COMMERCIAL (GENERAL)
$21,995,000
Change: -4% · Conversion: Easy
AUTO REPAIR, GARAGE
$19,220,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$24.57M
Range $22.11M – $27.02M · ±10% · vs last sale $28.40M (Jan 28 2022)
Last sale anchor
$28.40M
Jan 28 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
$227 / 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
$114,141
Tax year 2023
Assessed value
$5,784,605
Assessed 2023
Previous assessed
$5,784,605
+0.0% YoY
Effective rate
1.97%
On assessed value
Assessed land
$203,520
Assessed improvement
$5,581,085
Land market value
$508,800
Improvement market value
$13,952,712
Total market value
$14,461,512
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
2008
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Stories
3
Total area
108,138 SF
Lot
6.36 ac (277,042 SF)
Zoning code
2
APN
109 5080 053
UPID
US22-1717756
Jurisdiction
COWETA
Zoning & alternative use
2 · Newnan, GAZoning 2 · permitted uses
2 · Newnan, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$22.9M
RESTAURANT
Est. value
$25.6M
COMMERCIAL (GENERAL)
Est. value
$22.0M
AUTO REPAIR, GARAGE
Est. value
$19.2M
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
2008
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
3
Lot
6.36 ac
Current owner
From public records · entity-resolved
Kagr2 Newman 1825 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
800 W MADISON ST STE #400, CHICAGO, IL 60607-2481
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2022
—
Kagr2 Newnan 1825 LLC
—
Deed
related
$816,700,032 · Capital One
Jan 28, 2022
$28,400,000
Kagr2 Newman 1825 LLC
Newnan 1825 Medical Properties LLC
Limited Warranty Deed
—
Jan 9, 2020
—
Newnan 1825 Medical Prop LLC
—
Deed
related
$164,785,700 · Capital One NA
Nov 19, 2019
—
Newnan 1825 Medical Prop LLC
—
Deed
related
$95,574,450 · Capital One NA
—
—
Newnan 1825 Medical Prop LLC
—
Loan Modification
related
$164,785,700 · Capital One NA
—
—
Newnan 1825 Medical Prop LLC
—
Deed Of Trust
related
$95,574,450 · Capital One NA
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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