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    Property profile & analytics

    28 Salbide Ave Newnan, GA 30263-2519

    • Retail space
    • 4,185 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Last Sale
    Sep 25, 2023
    $300,000
    Location Intelligence
    Property ID
    US22-1435808
    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

    • Black Bull Insurance / Auto Insurance Agency
    • Newnan Ride / Bicycle Rental Service
    • Sportsdome / Embroidery Shop / Screen Printer
    • Downtown Sign & Design / Graphic Designer / Screen Printing Shop

    Property Details for 28 Salbide Ave

    Year built
    1958
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.28 lot acres
    Property size
    4,185 SF
    Zone code
    M
    Property type
    Retail space
    APN
    N12 0001 012
    APU
    N120001012

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $280,000
      6.5%
      $335,000
      7%
      $285,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $330,000
      Geo Method
      $290,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $350,000
      Retail
      $275,000
      Mixed-Use
      $305,000
      Hospitality
      $325,000
      Educational
      $335,000
      Residential Income
      $310,000
      Energy
      $350,000
      Income-Based Land
      $295,000
      Food Service
      $310,000

    Location Insight

    • Map
    • Local Demand
    City
    Newnan
    County
    Coweta
    State
    Georgia
    Longitude
    -84.7975
    Latitude
    33.3719
    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
    $2,589
    $17,121
    $96,178
    $113,299
    -
    $42,803
    $240,444
    $283,247

    Comparable in this City

    • Value Estimation by Request
      884 SF

      8 Jefferson St

      RETAIL STORES (PERSONAL SERVICES) • 884 SF
      8 Jefferson St, Newnan, GA 30263-1912
      View Details
    • Value Estimation by Request
      2,480 SF

      6 Greenville St

      RETAIL STORES (PERSONAL SERVICES) • 2,480 SF
      6 Greenville St, Newnan, GA 30263-2654
      View Details
    • Value Estimation by Request
      4,000 SF

      14 Greenville St

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      14 Greenville St, Newnan, GA 30263-2654
      View Details
    • Value Estimation
      $275,000
      1,558 SF

      48 Jefferson St

      RETAIL STORES (PERSONAL SERVICES) • 1,558 SF
      48 Jefferson St, Newnan, GA 30263-1947
      View Details
    • Value Estimation
      $630,000
      5,400 SF

      17 Jefferson St

      RETAIL STORES (PERSONAL SERVICES) • 5,400 SF
      17 Jefferson St, Newnan, GA 30263-1950
      View Details
    • Value Estimation
      $270,000
      12,550 SF

      10 Lagrange St

      RETAIL STORES (PERSONAL SERVICES) • 12,550 SF
      10 Lagrange St, Newnan, GA 30263-2604
      View Details

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    28 Salbide Ave
    Newnan, GA 30263-2519
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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