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Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Investment properties
379 Bullsboro Dr Newnan, GA 30263-5841
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US22-0841361
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2005
Construction
WOOD
Total area
7,886 SF
Lot
1.53 ac (66,647 SF)
Zoning code
2
APN
086 5054 007
UPID
US22-0841361
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
-
Panera Bread Cafe & Coffee Shop
-
Mattress Firm Newnan Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.48M
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.40M
Owner & transaction history
Rose Realty Co Of Hackensack INC · 10 yrs held
Rose Realty Co Of Hackensack INC
since 2016
7 recorded transactions
Zoning & alternative use
2 · Newnan, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.9M
+48.0%
Medical building
$1.7M
+32.6%
Auto repair, garage
$1.4M
+11.1%
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%
$1,595,000
6.5%
$1,475,000
7%
$1,370,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,260,000
Current use
RESTAURANT
$1,865,000
Change: +48% · Conversion: Difficult
MEDICAL BUILDING
$1,675,000
Change: +33% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,400,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$1.40M
Range $1.26M – $1.54M · ±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
$178 / 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
$12,709
Tax year 2023
Assessed value
$556,196
Assessed 2023
Previous assessed
$556,196
+0.0% YoY
Effective rate
2.28%
On assessed value
Assessed land
$264,600
Assessed improvement
$291,596
Land market value
$661,500
Improvement market value
$728,989
Total market value
$1,390,489
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2005
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
7,886 SF
Lot
1.53 ac (66,647 SF)
Zoning code
2
APN
086 5054 007
UPID
US22-0841361
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
COMMERCIAL (GENERAL) Current
Est. value
$1.3M
RESTAURANT
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.4M
COMMERCIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1.53 ac
Current owner
From public records · entity-resolved
Rose Realty Co Of Hackensack INC
Entity
Mailing address
PO BOX 2001, MOUNT PLEASANT, SC 29465-2001
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2026
—
Rose Realty Company Of Hackens
—
Deed
related
$1,000,000 · United Community Bank
Apr 5, 2016
$3,175,000
Rose Realty Co Of Hackensack INC
Humphreys Fund I LLC
Grant Deed
$2,140,000 · Academy Bk
Nov 3, 2014
—
Humphreys Fund LLC
—
Deed Of Trust
related
$43,500,000 · Kirkpatrick Bk
Mar 31, 2014
—
Humphreys Fund LLC
Blue Ridge Inv Props II LLC
Quit Claim Deed
related
—
Mar 31, 2014
$2,900,000
Humphreys Fund LLC
Blue Ridge Inv Props II LLC
Grant Deed
related
—
—
—
Blue Ridge Inv Props II LLC
—
Loan Modification
related
$2,200,000 · Branch Banking & Trust Co
—
—
Blue Ridge Inv Props II LLC
—
Loan Modification
related
$2,200,000 · Branch Banking & Trust Co
—
—
Blue Ridge Inv Props II LLC
—
Loan Modification
related
$2,200,000 · Branch Banking & Trust Co
—
—
Humphreys Fund LLC
—
Loan Modification
related
$75,000,000 · Midfirst Bk
—
—
Blue Ridge Inv Prop LLC
—
Deed Of Trust
related
$400,000 · Suntrust Bk/tallahassee
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
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