15 Baker RdNewnan, GA 30265

Property Details for 15 Baker Rd

Year built

1998

Construction

WOOD

Lot size

1.27 AC

Property size (Sq ft)

9,944 SF

Zone code

R1

Property type

Strip malls

Property subtype

Neighborhood centers

APN

109 6006 038

APU

1096006038

Description

This single-story, 9,944 square foot Class B office building is located at 15 Baker Road, Newnan, GA 30265, conveniently situated on Highway 34 in Coweta County. Built in 1998, the property features multiple tenancies, with one 1,800 square foot space currently available for lease. The building boasts recently completed renovations, including a new HVAC system (landlord-paid replacement). Further site improvements are currently underway. The interior includes two back rooms and three restrooms, providing ample space for various business needs. The building's prominent Highway 34 frontage ensures excellent visibility and accessibility for potential tenants. This property presents a unique opportunity for businesses seeking a well-maintained, conveniently located office space in a thriving area. The property is a traditional office building with a total of 9,944 square feet across one building. The address is 15 Baker Road, which intersects with Highway 34.

• CAP approach

  CAP return

  Valuation

  6%

  $1,507,950

  6.5%

  $1,391,950

  7%

  $1,292,530

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,017,260

  Geo Method

  $2,017,260

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,781,990

  Mixed-Use / Specialty

  $1,359,700

  Hospitality / Lodging

  $962,033

  Office

  $1,323,190

  Institutional / Educational

  $1,403,780

  Residential Income

  $1,642,430

  Multifamily

  $2,121,150

  Automotive / Energy

  $1,203,240

  Parking / Income-Based Land

  $442,190

  Restaurant / Food Service

  $648,941

  Healthcare / Senior Housing

  $1,422,330

Location Insight

City

Newnan

County

Coweta

State

Georgia

Latitude

33.4053

Longitude

-84.7065

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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