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    521 Newnan Crossing Byp Newnan, GA 30263
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    Property profile & analytics

    521 Newnan Crossing Byp, Newnan, GA 30263

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    • Commercial real estate
    • 10.48 lot acres
    Off-Market
    Property ID
    US22-4301797
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 521 Newnan Crossing Byp

    Lot size
    10.48 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 10.48-acre commercial land parcel is situated on the heavily trafficked Newnan Crossing Bypass in a thriving commercial area of Newnan, Georgia. Its strategic location directly across from Ashley Park provides unparalleled visibility and accessibility. The property is zoned for General Commercial use and is already graded and pad-ready, significantly reducing development time and costs. Essential infrastructure, including water, sewer, and detention, is already installed. Two convenient curb cuts ensure easy ingress and egress, maximizing customer convenience and enhancing the property's appeal. This site presents a remarkable opportunity for a wide range of commercial developments, from retail centers and office complexes to other ventures seeking a high-traffic location in a desirable area. The property's location in Coweta County, Georgia, zip code 30263, offers a strong foundation for success in a rapidly growing market. This ready-to-develop site is priced at $10,218,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newnan
    County
    Coweta
    State
    Georgia
    Longitude
    -84.760927
    Latitude
    33.382239

    Comparable in this City

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    • $3,000,000
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      Newnan Commercial Development Opportunity

      8.23 acre commercial land for development in Newnan, GA.
      201 Bullsboro Dr, Newnan, GA 30263
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      Vacant Lot For Sale

      Vacant lot available in Coweta County, Georgia.
      13 Standish Ct, Newnan, GA 30263
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    • $2,000,000
      5.93 Acres

      Prime Commercial Land in Newnan

      Pad-ready 5.93-acre commercial parcel with utilities and high visibility.
      5.9 Acres Newnan Xing Byp, Newnan, GA 30263
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    • $3,000,000
      9.02 Acres

      Newnan Commercial Land For Sale

      9.02 acre commercial land tract in high-traffic area.
      2807 Highway 16 W, Newnan, GA 30263
      View Details
    • $159,900
      2.11 Acres

      Residential Land Near Downtown Newnan

      2.114 acre residential lot minutes from downtown Newnan, Georgia.
      Belk Rd, Newnan, GA 30263
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Pending

      Residential Lot in Established Neighborhood

      1.15 acre residential lot in Newnan, Georgia.
      Glenmar Dr, Newnan, GA 30263
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    • $298,018
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      Land Near Downtown Newnan

      6 acres of land, ideal for residential development.
      100 Lovelace St, Newnan, GA 30263
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    • $159,900
      2.72 Acres

      Newnan Land with Buildable Tracts

      2.721 acre lot near downtown Newnan with road frontage.
      Belk Rd, Newnan, GA 30263
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    • $2,500,000
      2.65 Acres

      Prime Corner Lot in Newnan

      Commercial land near I-85, Orchard Hills, and Newnan Airport.
      18 Highway 16, Newnan, GA 30263
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    • $145,500

      Land For Sale

      Land available for sale in Coweta County, Georgia.
      374 S Alexander Creek Rd, Newnan, GA 30263
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    • $3,900,000
      27.00 Acres

      Newnan Redevelopment Opportunity

      27-acre commercial land for redevelopment in Newnan, Georgia.
      60 Hospital Rd, Newnan, GA 30263
      View Details

    Similar Nearby for Lease

    • $3,250 /Mo
      1,950 SF

      Newnan Commercial Space For Rent

      Well-maintained office and warehouse space near downtown Newnan.
      12 Tower Pl, Newnan, GA 30263
      View Details
    • Contact for pricing

      Retail Building Near I-85

      Freestanding retail building available for ground lease or build-to-suit.
      784 Bullsboro Dr, Newnan, GA 30263
      View Details
    • $2,333 /Mo
      54,000 SF

      Newnan Retail or Office Space

      Retail or office space in bustling Westside Plaza.
      273 Temple Ave, Newnan, GA 30263
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    • Contact for pricing

      Kroger Anchored Shopping Center Space

      Recently renovated shopping center anchored by Kroger and Ollie's.
      50 Bullsboro Dr, Newnan, GA 30263
      View Details
    • Contact for pricing
      244,200 SF

      Newnan Warehouse Space Available

      244,200 square foot warehouse space for rent in Newnan.
      873 Highway 29 S, Newnan, GA 30263
      View Details
    • New
      $2,000 /Mo
      1,600 SF

      Newnan Office Space For Rent

      Office space with reception, conference room, and private offices.
      6 Jefferson Pkwy, Newnan, GA 30263
      View Details
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    Newnan, GA 30263
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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