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Property profile & analytics

2646 Highway 34 E Newnan, GA 30265

  • Office Properties & Spaces
  • 1,658 SF
  • 2.09 lot acres
Value Estimations
Cap Rate Potential
7.5%
Office Properties & Spaces
Location Intelligence
Property ID
US22-1792386
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office Properties & Spaces

Property Details for 2646 Highway 34 E

Year built
1987
Lot size
2.09 lot acres
Property size
1,658 SF
Zone code
R1
Property type
Office Properties & Spaces
APN
109 6027 061
APU
1096027061

Description

This exceptional commercial property, located at 2646 Hwy 34 E in Newnan, Georgia, presents a unique investment opportunity. Boasting 1,658 square feet on a generous 2.08-acre lot, this property benefits from exceptional visibility on Highway 34, a major thoroughfare with a daily traffic count of 34,000 vehicles. Its strategic location is just west of the Coweta Crossroads Complex, a thriving hub anchored by a Publix supermarket and numerous medical and professional buildings, ensuring high foot traffic and brand recognition. The existing structure features a professional office layout, including a welcoming waiting area, a conference room, three individual offices, a convenient kitchen area, and two bathrooms. This versatile space is ideal for a variety of professional uses, allowing for continued operation in its current configuration or complete customization to suit specific business needs. The expansive lot offers significant potential for future expansion or new construction, providing ample room for growth and development. The property's location directly across from a planned gas station and convenience store further enhances its long-term value and appeal. This is a rare opportunity to acquire a high-traffic, well-situated commercial property in a rapidly growing area. The asking price is $1,200,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $270,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $335,000
    6.5%
    $310,000
    7%
    $290,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $242,000
    Market price range: $53.4k - $270k
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $335,000
    Current use
    MEDICAL BUILDING
    $350,000
    Change: +4% Conversion: Easy
    AUTO REPAIR, GARAGE
    $295,000
    Change: -13% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Newnan
County
Coweta
State
Georgia
Longitude
-84.696
Latitude
33.408
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,561
$121,284
$32,121
$153,405
-
$303,210
$80,303
$383,513
More about this property
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