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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Retail space
191 Newnan Xing Byp Newnan, GA 30265-1066
Individually Owned
4-yr Hold
Free & Clear
Property ID
US22-0709873
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
WOOD
Total area
5,288 SF
Lot
2.06 ac (89,734 SF)
Zoning code
2
APN
086 5053 020
UPID
US22-0709873
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
-
Verizon Mobile Phone Store Electronics & Wireless Store
-
Verizon Business Services Business To Business Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$490k
Blend (final)
Blend
$755k
Owner & transaction history
Tal Cohen · 4 yrs held
Tal Cohen
since 2021
7 recorded transactions
Zoning & alternative use
2 · Newnan, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.3M
+78.3%
Medical building
$1.1M
+59.7%
Commercial (general)
$1.1M
+53.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$700,000
Current use
RESTAURANT
$1,250,000
Change: +78% · Conversion: Easy
MEDICAL BUILDING
$1,120,000
Change: +60% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,075,000
Change: +53% · Conversion: Easy
AUTO REPAIR, GARAGE
$940,000
Change: +34% · Conversion: Difficult
Blend value · Realmo final
$755k
Range $680k – $831k · ±10%
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
$143 / 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
$15,285
Tax year 2023
Assessed value
$628,218
Assessed 2023
Previous assessed
$628,218
+0.0% YoY
Effective rate
2.43%
On assessed value
Assessed land
$376,883
Assessed improvement
$251,335
Land market value
$942,207
Improvement market value
$628,338
Total market value
$1,570,545
Applied tax rate
8.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
CENTRAL
Stories
1
Total area
5,288 SF
Lot
2.06 ac (89,734 SF)
Zoning code
2
APN
086 5053 020
UPID
US22-0709873
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
RETAIL STORES Current
Est. value
$700,000
RESTAURANT
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$940,000
RETAIL STORES Current
RESTAURANT
MEDICAL BUILDING
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
2006
Construction
WOOD
Heating
CENTRAL
Stories
1
Lot
2.06 ac
Current owner
From public records · entity-resolved
Tal Cohen
Individual
Free & Clear · 4 yrs held
Mailing address
22927 DE KALB DR, CALABASAS, CA 91302-1806
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2021
—
Tal Cohen
Shlomo Cohen
Warranty Deed
related
—
Oct 15, 2020
—
Cohen,zila Family Trust
Cohen Zila Family Trust
Quit Claim Deed
related
$1,000,000 · Richfield Bloomington Cu
Aug 20, 2020
$3,972,000
Cohen,zila Family Trust
Crown Ventures I LLC
Grant Deed
—
Aug 20, 2020
—
Cohen,zila Family Trust
Crown Ventures I LLC
Quit Claim Deed
related
$646,863 · Atlanta Deferred Exchange INC
Oct 1, 2014
$3,250,000
Crown Ventures I LLC
Ira Holdings I LLC
Grant Deed
—
Sep 14, 2010
$2,650,000
Ira Holdings I LLC
Newnan Commons LLC
Warranty Deed
related
$10,657,311 · German American Capital Corp
Nov 5, 2009
$1,600,000
Newnan Commons LLC
Tgi Fridays INC
Grant Deed
$1,422,720 · Compass Bank
May 3, 2006
$1,200,000
Tgi Fridays INC
Fourth Quarter Properties
Grant Deed
—
—
—
Crown Ventures I LLC
—
Loan Modification
related
$2,549,908 · Touchmark Nat'l 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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