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Property profile & analytics
OFF-MARKET
Estimated value
$5,840,000
Warehouses
220 Hwy 34th W Newnan, GA 30263-5664
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1832463
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2002
Construction
STEEL FRAME
Total area
11,500 SF
Lot
11.15 ac (485,694 SF)
Zoning code
R1
APN
048 5035 008
UPID
US22-1832463
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
$5.64M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.84M
Owner & transaction history
Amerco Real Estate Co · 4 yrs held
Amerco Real Estate Co
since 2021
Last sale
$5.8M
6 recorded transactions
Zoning & alternative use
R1 · Newnan, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$6,130,000
ML approach
$5,640,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.84M
Range $5.26M – $6.42M · ±10% · vs last sale $5.80M (Nov 19 2021)
Last sale anchor
$5.80M
Nov 19 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
$508 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$51,954
Tax year 2024
Assessed value
$2,240,058
Assessed 2024
Previous assessed
$2,240,058
+0.0% YoY
Effective rate
2.32%
On assessed value
Assessed land
$178,400
Assessed improvement
$2,061,658
Land market value
$446,000
Improvement market value
$5,154,146
Total market value
$5,600,146
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2002
Construction
STEEL FRAME
Heating
NONE
Buildings
9
Stories
1
Total area
11,500 SF
Lot
11.15 ac (485,694 SF)
Zoning code
R1
APN
048 5035 008
UPID
US22-1832463
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.
Building & site characteristics
From public records
Year built
2002
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
9
Lot
11.15 ac
Current owner
From public records · entity-resolved
Amerco Real Estate Co
Entity
Mailing address
2727 N CENTRAL AVE #500, PHOENIX, AZ 85004-1120
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2021
$5,800,000
Amerco Real Estate Co
Synergy Investment Grp LLC
Limited Warranty Deed
—
Jul 23, 2020
—
Synergy Investment Group LLC
—
Deed
related
$1,624,770 · Repwest Insurance Co
Jul 11, 2008
$327,093
Tmtt Investments LLC
Synergy Investment Grp LLC
Grant Deed
—
Feb 24, 2005
—
Synergy Inv Gp LLC
—
Trustees Deed
related
$1,128,381 · Bank Of Coweta
—
—
Synergy Investment Group LLC
—
Deed Of Trust
related
$1,800,000 · Skymar Cap
—
—
Synergy Investment Group LLC
—
Loan Modification
related
$1,624,770 · Repwest Insurance Co
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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