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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Office Spaces
1955 Hwy 34th E Newnan, GA 30265-1327
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-1767025
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1980
Total area
3,220 SF
Lot
1.77 ac (77,101 SF)
Zoning code
R1
APN
109 5080 008
UPID
US22-1767025
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
$625k
CAP Approach
CAP
$600k
Comparable Approach
Comparable
$692k
Blend (final)
Blend
$625k
Owner & transaction history
1955 Hwy 34 Properties LLC · 1 yrs held
1955 Hwy 34 Properties LLC
since 2024
Last sale
$625,000
7 recorded transactions
Zoning & alternative use
R1 · Newnan, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$685,000
+4.3%
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
$625,000
ML approach
$625,000
CAP Approach
CAP Return
Estimation
6%
$650,000
6.5%
$600,000
7%
$560,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$655,000
Current use
MEDICAL BUILDING
$685,000
Change: +4% · Conversion: Easy
AUTO REPAIR, GARAGE
$570,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $625k (Oct 10 2024)
Last sale anchor
$625k
Oct 10 2024
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
$194 / 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
$4,592
Tax year 2023
Assessed value
$197,818
Assessed 2023
Previous assessed
$197,818
+0.0% YoY
Effective rate
2.32%
On assessed value
Assessed land
$108,595
Assessed improvement
$89,223
Land market value
$271,487
Improvement market value
$223,057
Total market value
$494,544
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1980
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Bathrooms
2
Total area
3,220 SF
Lot
1.77 ac (77,101 SF)
Zoning code
R1
APN
109 5080 008
UPID
US22-1767025
Jurisdiction
COWETA
Zoning & alternative use
R1 · Newnan, GA
Zoning R1 · permitted uses
R1 · 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
COMMERCIAL (GENERAL) Current
Est. value
$655,000
MEDICAL BUILDING
Est. value
$685,000
AUTO REPAIR, GARAGE
Est. value
$570,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
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
1980
Heating
CENTRAL
Cooling
Yes
Stories
2
Bathrooms
2
Lot
1.77 ac
Current owner
From public records · entity-resolved
1955 Hwy 34 Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1955 HWY 34TH E, NEWNAN, GA 30265-1327
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2024
$625,000
1955 Hwy 34 Properties LLC
1955 Investments LLC
Warranty Deed
—
Jul 24, 2018
—
1955 Investments LLC
—
Deed
related
$456,450 · Charterbank
Oct 14, 2015
—
1955 Investments LLC
Augustine,douglas
Quit Claim Deed
related
—
Aug 7, 2015
$485,000
Douglas Augustine
Newnan Commercial Props LLC
Warranty Deed
related
$363,750 · Charterbank
Jul 25, 2005
—
Bomar-white LLC
Soutern Lenders Mtg Corp
Quit Claim Deed
related
$440,000 · Georgia St Bk
Feb 21, 2005
—
Southern Lenders Mtg Corp
—
Trustees Deed
related
$374,000 · United Cmnty Bk
Feb 26, 2004
$328,500
Southern Lenders Mtg Corp
Frazier,william W JR
Warranty Deed
—
—
—
1955 Investments LLC
—
Deed Of Trust
related
$456,450 · Charterbank
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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