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812 E Hwy 16 8.2 Acres of Industrial Land Offered at $1,375,000 in Newnan, GA 30263
INVESTMENT HIGHLIGHTS
- There are two separate tax parcels and there is a house on the property at 790 E Highway 16 that is tenant occupied.
EXECUTIVE SUMMARY
Prime Industrial tract located adjacent to the Prologis & Orchard Hills Business Park, home to Goodyear & Kellogg. Easy access to I-85, Newnan Crossing Bypass , Highway 29 & Newnan-Coweta Airport. Close to the Bridgeport Industrial Park, home of Amazon Fulfillment Centers & Shopify. Short drive to KIA Manufacturing facility and the CSX Intermodal Facility. Property is zoned M (Heavy Industrial) and preliminary plans for two warehouse w/offices up to 40,000 square feet and fenced storage lot are available in the documents section. Three driveways already in place on State Highway 16 but will need GDOT approval for new drive once your plan is approved. There is also access from the new Orchard Hills Warehouse next door. Across the street is another newly completed 270,000+ square foot warehouse. There is a house on the property that may be tenant occupied, seller can have that vacant at closing if desired. Please do not disturb the tenants.
PROPERTY FACTS
| Price | $1,375,000 | Property Subtype | Industrial |
| Sale Type | Investment | Proposed Use | Industrial |
| No. Lots | 1 | Total Lot Size | 8.20 AC |
| Property Type | Land | ||
| Zoning | M - Heavy Industrial | ||
| Price | $1,375,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Industrial |
| Total Lot Size | 8.20 AC |
| Zoning | M - Heavy Industrial |
1 LOT AVAILABLE
Lot
| Price | $1,375,000 | Lot Size | 8.20 AC |
| Price Per AC | $167,682.93 |
| Price | $1,375,000 |
| Price Per AC | $167,682.93 |
| Lot Size | 8.20 AC |
From I-85 take Exit 41 and head North on Highway 29. First right onto Highway 16. Property is approximately one mile on the left.
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PROPERTY TAXES
| Parcel Number | 088-2060-001 | Improvements Assessment | $0 |
| Land Assessment | $301,840 | Total Assessment | $301,840 |
PROPERTY TAXES
Parcel Number
088-2060-001
Land Assessment
$301,840
Improvements Assessment
$0
Total Assessment
$301,840
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812 E Hwy 16
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