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Cell Towers
623 Belk Rd, Newnan, Ga 30263
Site Overview
Site Name623 Belk Rd, Newnan, Ga 30263
Current InfrastructureSingle Family
SiteBid ID ##551968
Published DateMay 20, 2025
Modified DateMay 20, 2025
Market StatusActive
Potential UsesCell Towers
Location
CountyCoweta
ZoningR1
School DistrictCoweta County School District
Flood ZoneAe
Property
Lot Size8.31 acres
Building Area1,734 sq ft
Stories1.00
Buildings1.00
Total Units1.00
Year Built1950
Year Renovated1990
Construction TypeMasonry
Building ConditionAverage
Property ClassResidential
SewerNone
WaterMunicipal
TopographyRolling
Geographic Features224
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Infrastructure investors are actively purchasing fee simple real estate, leases, and easements on properties with active utility leases from tier‑1 tenants (AT&T, Verizon, T‑Mobile, etc.). Depending on the lease terms, valuations can range from 16x–20x annual rent for lump‑sum payments and 18x–25x for structured payouts.
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