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Property profile & analytics
OFF-MARKET
Estimated value
$1,890,000
Investment properties
4046 Sharpsburg Mccullum Rd Newnan, GA 30265-2330
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-2794398
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2008
Construction
WOOD
Total area
9,810 SF
Lot
20 ac (871,200 SF)
Zoning code
1
APN
108 6024 149
UPID
US22-2794398
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.84M
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$1.89M
Owner & transaction history
Storage Xxtra Hwy 154 LLC · 3 yrs held
Storage Xxtra Hwy 154 LLC
since 2023
4 recorded transactions
Zoning & alternative use
1 · Newnan, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.3M
+16.4%
Medical building
$2.1M
+4.3%
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%
$1,985,000
6.5%
$1,835,000
7%
$1,705,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,995,000
Current use
RESTAURANT
$2,320,000
Change: +16% · Conversion: Difficult
MEDICAL BUILDING
$2,080,000
Change: +4% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,745,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.89M
Range $1.70M – $2.08M · ±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
$63,197
Tax year 2023
Assessed value
$3,202,783
Assessed 2023
Previous assessed
$3,202,783
+0.0% YoY
Effective rate
1.97%
On assessed value
Assessed land
$286,000
Assessed improvement
$2,916,783
Land market value
$715,000
Improvement market value
$7,291,958
Total market value
$8,006,958
Applied tax rate
1.0000
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
2008
Construction
WOOD
Heating
CENTRAL
Buildings
9
Stories
1
Total area
9,810 SF
Lot
20 ac (871,200 SF)
Zoning code
1
APN
108 6024 149
UPID
US22-2794398
Jurisdiction
COWETA
Zoning & alternative use
1 · Newnan, GA
Zoning 1 · permitted uses
1 · 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
$2.0M
RESTAURANT
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$1.7M
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
2008
Construction
WOOD
Heating
CENTRAL
Stories
1
Buildings
9
Lot
20 ac
Current owner
From public records · entity-resolved
Storage Xxtra Hwy 154 LLC
Entity
Mailing address
1639 BRADLEY PARK DR STE #500, COLUMBUS, GA 31904-3623
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2023
—
Storage Xxtra Hwy 154 LLC
—
Deed
related
$11,500,000 · Starwood Mortgage Capital
Sep 7, 2011
—
Storage Xxtra Hwy 154 LLC
—
Grant Deed
related
$5,227,472 · Columbus Bank & Trust Co
—
—
Storage Xxtra Hwy 154 LLC
—
Deed Of Trust
related
$5,227,500 · Synovus Bank
—
—
Storage Xxtra Hwy 154 LLC
—
Deed Of Trust
related
$5,800,000 · Starwood Mtg Cap
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.
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