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    Property profile & analytics

    30 Tower Pl Newnan, GA 30263-1480

    • Auto shops
    • 4,500 SF
    • 0.75 lot acres
    OFF-MARKET
    Value Estimations
    $240,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-0077689
    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

    • AAMCO Transmissions & Total Car Care / Oil Change Service / Transmission Shop

    Property Details for 30 Tower Pl

    Year built
    1994
    Construction
    STEEL FRAME
    Lot size
    0.75 lot acres
    Property size
    4,500 SF
    Zone code
    1
    Property type
    Auto shops
    APN
    N34 0001 025
    APU
    N340001025

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $230,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $339,000
      Market price range: $212k - $637k

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

    Location Insight

    • Map
    • Local Demand
    City
    Newnan
    County
    Coweta
    State
    Georgia
    Longitude
    -84.7883
    Latitude
    33.3816
    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
    $2,048
    $31,040
    $58,584
    $89,624
    -
    $77,600
    $146,459
    $224,059

    Comparable in this City

    • Value Estimation
      $275,000
      2,460 SF

      1052 Welcome Rd

      AUTO REPAIR, GARAGE • 2,460 SF
      1052 Welcome Rd, Newnan, GA 30263-4585
      View Details
    • Value Estimation
      $240,000
      1,800 SF

      5 Ray St

      AUTO REPAIR, GARAGE • 1,800 SF
      5 Ray St, Newnan, GA 30263-2120
      View Details
    • Value Estimation
      $255,000
      1,800 SF

      1131 Hwy 16th W

      AUTO REPAIR, GARAGE • 1,800 SF
      1131 Hwy 16th W, Newnan, GA 30263-5410
      View Details
    • Value Estimation
      $245,000
      3,200 SF

      20 Tower Pl

      AUTO REPAIR, GARAGE • 3,200 SF
      20 Tower Pl, Newnan, GA 30263-1480
      View Details
    • Value Estimation
      $145,000
      4,000 SF

      175 Essie Walker Rd

      AUTO REPAIR, GARAGE • 4,000 SF
      175 Essie Walker Rd, Newnan, GA 30263
      View Details
    • Value Estimation
      $235,000
      2,100 SF

      10 4th St

      AUTO REPAIR, GARAGE • 2,100 SF
      10 4th St, Newnan, GA 30263-2712
      View Details

    Similar Nearby for Sale

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      1,050 SF

      Newnan Airport Hangar For Sale

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      Newnan Commercial Building For Sale

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    • $3,000,000
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      Historic Coca-Cola Building in Newnan

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    • $1,400,000
      3,432 SF

      Restaurant Property with Established Business

      Turnkey restaurant with real estate, FF&E, and ongoing business.
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      View Details
    • $475,000
      800 SF

      Historic Building in Downtown Newnan

      Charming 1900s building near Newnan's Square, versatile and open.
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    • $240,000
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      Genesee Ave Retail Opportunity

      15,000 SF Retail Space, High Visibility
      0 Witcher Rd, Newnan, GA 30263
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,500 SF

      Retail Space in Newnan, GA

      Retail space in a prominent retail district with high visibility.
      1111 Bullsboro Dr, Newnan, GA 30263
      View Details
    • Contact for pricing

      Kroger Anchored Shopping Center Space

      Recently renovated shopping center anchored by Kroger and Ollie's.
      50 Bullsboro Dr, Newnan, GA 30263
      View Details
    • $2,333 /Mo
      54,000 SF

      Newnan Retail or Office Space

      Retail or office space available in Westside Plaza.
      273 Temple Ave, Newnan, GA 30263
      View Details
    • $1,400 /Mo
      1,530 SF

      Retail Space in Newnan, GA

      Retail suite in strip center near I-85 for lease.
      575 Pine Rd, Newnan, GA 30263
      View Details
    • $12 SF/Yr
      4,700 SF

      Newnan Event Space For Lease

      4700 sq ft Retail Space, Ideal for Events
      55 Mayo Royal Industrial Dr, Newnan, GA 30263
      View Details
    • Contact for pricing
      146,121 SF

      Newnan Executive Office Space

      Prime Newnan Office, Retail & Restaurant Space
      228 Bullsboro Dr, Newnan, GA 30263
      View Details
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    30 Tower Pl
    Newnan, GA 30263-1480
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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