Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    34 Ee St Newnan, GA 30263
    Back to Search
    Property profile & analytics

    34 Ee St, Newnan, GA 30263

    View on Map
    • Commercial land
    • 15.75 lot acres
    Off-Market
    Last Sale Apr 1, 2025
    $1,030,000
    Property ID
    US22-3435087
    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.
    Value Estimations
    $990,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 34 Ee St

    Lot size
    15.75 lot acres
    Zone code
    R1
    Property type
    Commercial land
    APN
    121 6038 002A
    APU
    1216038002A

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 4, 2022 $850,000 Sobh Family Wealth Preservation Tru Averett Family Partnership Lllp Limited Warranty Deed —
    Jun 29, 2017 $1,396,500 Lidl Us Operations LLC Averett Family Ptshp Lllp Grant Deed —
    Jun 26, 2014 $340,000 Averett Family Ptshp Lllp Charterbank Grant Deed $585k · Charterbank
    Sep 29, 2005 $840,000 Averett Family Partnership Lllp Dennis,shirley F Warranty Deed $840k · First Ga Bkng

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $920,000
      ML approach
      $970,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Newnan
    County
    Coweta
    State
    Georgia
    Longitude
    -84.6872
    Latitude
    33.406
    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
    $8,130
    $412,000
    $0.00
    $412,000
    -
    $1,030,000
    $0.00
    $1,030,000

    Comparable in this City

    • Value Estimation by Request
      0.16 Acres

      11 Pitts St

      VACANT COMMERCIAL LAND
      11 Pitts St, Newnan, GA 30263-1814
      View Details
    • Value Estimation by Request
      0.50 Acres

      285 Temple Ave

      VACANT COMMERCIAL LAND
      285 Temple Ave, Newnan, GA 30263-1396
      View Details
    • Value Estimation by Request
      13.44 Acres

      256 Washington St

      VACANT COMMERCIAL LAND
      256 Washington St, Newnan, GA 30263-1714
      View Details
    • Value Estimation by Request
      0.92 Acres

      1339 Welcome Rd

      VACANT COMMERCIAL LAND
      1339 Welcome Rd, Newnan, GA 30263-4411
      View Details
    • Value Estimation by Request
      1.12 Acres

      147 Jefferson Pkwy

      VACANT COMMERCIAL LAND
      147 Jefferson Pkwy, Newnan, GA 30263-5823
      View Details
    • Value Estimation by Request
      0.24 Acres

      60 Jefferson St

      VACANT COMMERCIAL LAND
      60 Jefferson St, Newnan, GA 30263-1947
      View Details

    Similar Nearby for Sale

    • $2,500,000
      2.65 Acres

      Prime Corner Lot in Newnan

      Commercial land near I-85, Orchard Hills, and Newnan Airport.
      18 Highway 16, Newnan, GA 30263
      View Details
    • $3,900,000
      27.00 Acres

      Newnan Redevelopment Opportunity

      27-acre commercial land for redevelopment in Newnan, Georgia.
      60 Hospital Rd, Newnan, GA 30263
      View Details
    • Contact for pricing

      Commercial Land on Newnan Bypass

      Prime commercial land with utilities on Newnan's bypass.
      Millard Farmer Industrial Blvd, Newnan, GA 30263
      View Details
    • $2,000,000
      5.93 Acres

      Pad-Ready Land in Newnan, GA

      5.93 acre commercial site approved for retail, medical, restaurant.
      5.93 Commercial Newnan Xing Byp, Newnan, GA 30263
      View Details
    • New
      $1,506,000
      7.53 Acres

      Newnan Commercial/Industrial Land Parcels

      Multiple commercial and industrial land tracts available in Newnan, Georgia.
      Westside Ct, Newnan, GA 30263
      View Details
    • $650,000
      0.91 Acres

      Corner Lot Near Newnan Bypass

      Approximately one acre commercial land parcel near I-85.
      Highway 16, Newnan, GA 30263
      View Details

    Similar Nearby for Lease

    • $3,250 /Mo
      1,950 SF

      Newnan Commercial Space For Rent

      Well-maintained office and warehouse space near downtown Newnan.
      12 Tower Pl, Newnan, GA 30263
      View Details
    • Contact for pricing

      Retail Building Near I-85

      Freestanding retail building available for ground lease or build-to-suit.
      784 Bullsboro Dr, Newnan, GA 30263
      View Details
    • $2,333 /Mo
      54,000 SF

      Newnan Retail or Office Space

      Retail or office space in bustling Westside Plaza.
      273 Temple Ave, 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
    • Contact for pricing

      Newnan Industrial Warehouse For Lease

      5,402 SF warehouse with dock doors, convenient location.
      5 Haynie St, Newnan, GA 30263
      View Details
    • Contact for pricing
      6,981 SF

      Medical Office Space For Lease

      Medical office space available near Piedmont Newnan Hospital.
      710 Newnan Crossing Byp, Newnan, GA 30263
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    34 Ee St
    Newnan, GA 30263
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    34 Ee St, Newnan, GA, 30263
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!