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Property profile & analytics
FOR SALE
Commercial real estate
22 Jefferson Pl Newnan, GA 30263
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-2369466
For Sale
1 / 31
$950,000
22 Jefferson Pl, Newnan, GA 30263
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1990
Construction
WOOD
Total area
3,200 SF
Lot
1.39 ac (60,548 SF)
Zoning code
M
APN
N17 030
UPID
US22-2369466
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
-
Dorby's Dog House Pet Resort Pet Grooming Service
-
Graywood Academy of Petcare High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$605k
CAP Approach
CAP
$600k
Comparable Approach
Comparable
$525k
Blend (final)
Blend
$605k
Owner & transaction history
Dorbys Dogs LLC · 4 yrs held
Dorbys Dogs LLC
since 2021
Last sale
$610,000
4 recorded transactions
Zoning & alternative use
M · Newnan, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$680,000
+32.6%
Auto repair, garage
$570,000
+11.1%
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
$645,000
ML approach
$605,000
CAP Approach
CAP Return
Estimation
6%
$650,000
6.5%
$600,000
7%
$555,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$510,000
Current use
MEDICAL BUILDING
$680,000
Change: +33% · Conversion: Easy
AUTO REPAIR, GARAGE
$570,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$605k
Range $545k – $666k · ±10% · vs last sale $610k (Nov 15 2021)
Last sale anchor
$610k
Nov 15 2021
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
$189 / 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
$5,444
Tax year 2023
Assessed value
$238,263
Assessed 2023
Previous assessed
$238,263
+0.0% YoY
Effective rate
2.28%
On assessed value
Assessed land
$23,623
Assessed improvement
$214,640
Land market value
$59,058
Improvement market value
$536,599
Total market value
$595,657
Applied tax rate
2.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1990
Construction
WOOD
Heating
CENTRAL
Stories
1
Total area
3,200 SF
Lot
1.39 ac (60,548 SF)
Zoning code
M
APN
N17 030
UPID
US22-2369466
Jurisdiction
COWETA
Zoning & alternative use
M · Newnan, GA
Zoning M · permitted uses
M · 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
$510,000
MEDICAL BUILDING
Est. value
$680,000
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
1990
Construction
WOOD
Heating
CENTRAL
Stories
1
Lot
1.39 ac
Current owner
From public records · entity-resolved
Dorbys Dogs LLC
Entity
Mailing address
22 JEFFERSON PL, NEWNAN, GA 30263-1469
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2021
$610,000
Dorbys Dogs LLC
Grace A Woodford
Warranty Deed
—
—
—
Grace A Woodford
—
Deed Of Trust
related
$313,225 · Bank Of Coweta
—
—
Woodford,grace A
—
Deed Of Trust
related
$100,000 · Bank Of Ga
—
—
Woodford,grace A
—
Deed Of Trust
related
$50,000 · Bank Of Ga
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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