Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Turn key restaurants
355 Bullsboro Dr Newnan, GA 30263-5841
Trust Owned
8-yr Hold
~
Est. High Equity
Property ID
US22-0807446
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2005
Construction
WOOD
Total area
6,746 SF
Lot
1.5 ac (65,340 SF)
Zoning code
2
APN
086 5054 008
UPID
US22-0807446
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
-
Buffalo Wild Wings Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$1.30M
Owner & transaction history
Baron,thomas & Connie F Trust · 8 yrs held
Baron,thomas & Connie F Trust
since 2018
7 recorded transactions
Zoning & alternative use
2 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,595,000
Current use
MEDICAL BUILDING
$1,430,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$1.30M
Range $1.17M – $1.43M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$193 / SF
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 2023Property tax & assessments
Tax year 2023
Tax billed
$14,258
Tax year 2023
Assessed value
$623,968
Assessed 2023
Previous assessed
$623,968
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$261,360
Assessed improvement
$362,608
Land market value
$653,400
Improvement market value
$906,521
Total market value
$1,559,921
Applied tax rate
8.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2005
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
6,746 SF
Lot
1.5 ac (65,340 SF)
Zoning code
2
APN
086 5054 008
UPID
US22-0807446
Jurisdiction
COWETA
Zoning & alternative use
2 · Newnan, GA
Zoning 2 · permitted uses
2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.4M
RESTAURANT Current
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.5 ac
Current owner
From public records · entity-resolved
Baron,thomas & Connie F Trust
Trust
Mailing address
22074 SOLIEL CIR W, BOCA RATON, FL 33433-5345
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2018
$2,815,000
Baron,thomas & Connie F Trust
Palmetto Newnan-bullsboro Dr L
Grant Deed
$1,500,000 · Miscellaneous Ins Co
Dec 5, 2017
—
Palmetto Newnan-bullsboro Dr L
—
Deed
related
$2,053,913 · Farmers & Merchants Nat'l Bk
May 10, 2016
—
Palmetto Newnan-bullsboro Dr L
Gapr2 LLC
Quit Claim Deed
related
—
May 6, 2016
$2,325,000
Palmetto Newnan-bullsboro Dr L
Gapr2 LLC
Grant Deed
$2,032,500 · Centerstate Bk/fl
Jun 7, 2011
$300,900
Gapr2 LLC
Bugaboo Creek Holdings INC
Quit Claim Deed
related
—
—
—
Bugaboo Creek Holdings INC
—
Deed Of Trust
related
$86,000 · Ableco Finance LLC
—
—
Palmetto Newnan-bullsboro Dr L
—
Deed Of Trust
related
$2,053,913 · Farmers & Merchants Nat'l Bk
—
—
Bugaboo Creek Holdings INC
—
Deed Of Trust
related
$12,500,000 · Wilmington Trust Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 355 Bullsboro Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
