5 Haynie St Newnan, GA 30263
- Warehouses
- 6,110 SF
- 3.83 lot acres
Current Use by Public Records
- Prodigy Training Center / Youth Club
- Iron Canvas / Metal Fabricator
Property Details for 5 Haynie St
- Year built
- 1960
- Construction
- WOOD FRAME
- Lot size
- 3.83 lot acres
- Property size
- 6,110 SF
- Zone code
- M
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- N47 0003 004
- APU
- N470003004
Description
This exceptional 23,443-square-foot warehouse in Newnan, Georgia, is available for lease. Situated on 2.6 acres, this single-tenant property boasts 6 loading docks and 8 drive-in doors, providing ample access for efficient operations. The building, constructed in 1960 and extensively renovated in 2024, features 15.5-11 foot ceiling heights, 9 office spaces, 6 bathrooms, a kitchen, and a breakroom. Recent upgrades include new paint (interior and exterior), LED lighting, granite countertops, sheetrocked office spaces, new awnings, improved grading, paved parking, and new asphalt. The property includes two newly installed gated entrances with keypad access, a fully fenced perimeter, exterior cameras, outdoor lighting, and potential rail access. An additional 8,000 square feet of warehouse/office space will become available June 1, 2025, bringing the total to 31,443 square feet. The site offers approximately one acre of truck parking, with the possibility of leasing an additional half-acre of parking space. The landlord is also open to subdividing the warehouse space to accommodate specific tenant needs. The property is zoned for industrial commercial use and is conveniently located 2.5 miles from I-85 (Poplar Road exit). This versatile space is ideal for a variety of businesses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,200,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,205,000
- 6.5%
- $2,365,000
- 7%
- $2,490,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,295,000
- Geo Method
- $2,555,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,990,000
- Retail
- $2,305,000
- Mixed-Use
- $2,565,000
- Hospitality
- $2,255,000
- Educational
- $2,345,000
- Residential Income
- $2,140,000
- Energy
- $2,220,000
- Income-Based Land
- $2,145,000
- Food Service
- $2,435,000
Location Insight
- Map
- Local Demand
- City
- Newnan
- County
- Coweta
- State
- Georgia
- Longitude
- -84.7911
- Latitude
- 33.3619
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
