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Property profile & analytics
OFF-MARKET
Warehouses
27 Herring Rd Newnan, GA 30265-1000
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0948851
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1978
Construction
WOOD FRAME
Total area
2,480 SF
Lot
1.33 ac (57,935 SF)
Zoning code
M
APN
085 5076 020
UPID
US22-0948851
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
-
Georgia Campers Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Robert Higdon Johnston · 1 yrs held
Robert Higdon Johnston
since 2024
6 recorded transactions
Zoning & alternative use
M · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,549
Tax year 2024
Assessed value
$196,135
Assessed 2024
Previous assessed
$197,551
-0.7% YoY
Effective rate
2.32%
On assessed value
Assessed land
$87,780
Assessed improvement
$108,355
Land market value
$219,450
Improvement market value
$270,887
Total market value
$490,337
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
1978
Construction
WOOD FRAME
Heating
SPACE
Cooling
CENTRAL
Stories
1
Total area
2,480 SF
Lot
1.33 ac (57,935 SF)
Zoning code
M
APN
085 5076 020
UPID
US22-0948851
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.
Building & site characteristics
From public records
Year built
1978
Construction
WOOD FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Lot
1.33 ac
Current owner
From public records · entity-resolved
Robert Higdon Johnston
Individual
Free & Clear · 1 yrs held
Mailing address
100 GOLFVIEW CLB DR, NEWNAN, GA 30263-3321
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2024
—
Robert Higdon Johnston
Edwin Johnston
Warranty Deed
—
Dec 1, 2022
$575,000
Edwin Johnston
Mayra Regina Yunes De De Garcia
Warranty Deed
—
Nov 19, 2020
—
Del Cid De G Mayra R
De G Mayra R Yunes Del Cid
Quit Claim Deed
related
—
Jul 18, 2017
$220,000
Mayra R Y D De Garcia
27 Herring LLC
Grant Deed
—
Jun 29, 2017
$160,000
Joseph Wainscott
Thompson,john & Terrie
Grant Deed
$160,000 · Ralph Newborn
Jun 29, 2017
—
27 Herring LLC
Wainscott,joseph
Grant Deed
related
—
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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