477 Corinth RdNewnan, GA 30263

Property Details for 477 Corinth Rd

Year built

2005

Construction

STEEL FRAME

Lot size

3.00 AC

Property size (Sq ft)

6,360 SF

Zone code

M

Property type

Retail properties

Property subtype

Auto shops

APN

076 2041 005

APU

762041005

Description

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 offices and a conference room suite. Additional office space is potentially available. Amenities include two bathrooms, a full kitchen, and a dining area. Ample parking is provided, with designated customer parking in front and additional covered and fenced-in parking for equipment. The property comprises one single-story building with a total of six parking spaces for customers.

• CAP approach

  CAP return

  Valuation

  6%

  $1,189,162

  6.5%

  $1,097,688

  7%

  $1,019,282

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,126,266

  Geo Method

  $3,126,266

• Alternative Use

  Use

  Valuation

  Residential

  $925,941

  Hospitality

  $848,157

  Educational

  $705,657

  Medical

  $729,925

  Retail

  $1,097,688

Location Insight

City

Newnan

County

Coweta

State

Georgia

Latitude

33.3434

Longitude

-84.7959

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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