Financial
Distress signals
Property profile

477 Corinth Rd Newnan, GA 30263

FOR LEASE
Auto shops
Property ID
US22-0807423
6,360 SF 3 ac lot Built 2005
Last sale Feb 2022 · $600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 3,960-square-foot Class A flex space in Newnan, Georgia, presents a unique opportunity. Located at 477 Corinth Road, 30263, this single-tenant property features "M" Industrial zoning within Coweta County. The building boasts over 2,400 square feet of shop space, equipped with two bays, each featuring 18-foot roll-up doors on both exterior sides. Seamless communication is facilitated by direct access from the shop to over 1,500 square feet of office space, including five…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$230k
Assessed land$42k
Assessed improvement$188k
Effective rate2.32%

Value estimate

· Sep 2026
$250k
$225k – $275k
Submarket $/SF estimate$870k
NOI build-up
Gross scheduled income$37k
Vacancy & credit loss−$2k
Operating expenses−$12k
NOI · 197.69% cap applied$23k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$178/SF
Submarket average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$63 – $248

Cap rate analysis

How does the asset earn?
197.69%
$23k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M
JurisdictionCOWETA

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service8.8
Convenience Store8.5
Pawn Shop8.4

Location

477 Corinth Rd Newnan, GA 30263
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Oak, Newnan, GA 30263 $2,177,536 Jul 2024 4,899 SF
186 Pne, Newnan, GA 30263-5174 $740,000 Oct 2023 9,490 SF
24 Fair, Newnan, GA 30263-1656 $240,000 Jan 2023 5,400 SF
26 Spence, Newnan, GA 30263-2642 $2,143,750 Nov 2022 6,720 SF
24 Tower, Newnan, GA 30263-1480 $300,000 Dec 2021 4,400 SF
30 Tower, Newnan, GA 30263-1480 $270,000 Apr 2019 4,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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