Property profile

485 Hwy 16th W Newnan, GA 30263

OFF-MARKET
Turn key restaurants
Property ID
US22-0972175
2,421 SF 1.38 ac lot Built 1967
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1967
Construction WOOD FRAME
Total area 2,421 SF
Lot 1.38 ac (60,113 SF)
Zoning code R1
APN 061 5069 006
UPID US22-0972175

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

485 Hwy 16th W Newnan, GA 30263-4588
Newnan metro Census 170200 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$150k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$140k

Owner & transaction history

since 2020
Last sale
$180,000
3 recorded transactions
2022
Price N/A
2020
$180,000
2008
Price N/A

Zoning & alternative use

R1 · Newnan, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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