Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    505 S Lee Street Kingsland, GA 31548

    View on Map
    For Sale
    $250,000

    COMMERCIAL - Kingsland, GA

    Property size:
    2,640 SF
    Lot size:
    0.43 Acres
    Added:
    Oct 8, 2025
    Days on Market:
    177
    Last Refresh:
    Apr 2 at 3:06 am

    Property Features for 505 S Lee Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Fencing
    Privacy
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    APN
    K26 08 002
    Size
    2,640 SF
    Lot size
    0.43 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    978

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central, Heat Pump (Heating)
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1940
    Flooring type
    Concrete
    Building materials
    Stucco
    Roof type
    Composition

    We can help!

    Listing Contact
    Nicole Readdick
    Nicole Readdick

    Listing agent Nicole Readdick License #293731

    Listing office Coldwell Banker Access Realty 1951 Commerce Drive, Savannah, GA

    Listing date Oct 8, 2025

    MLS# 10622618

    Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant with Drive-Thru and Expansion

    This commercial property, currently operating as a restaurant, offers approximately 2,640 square feet of space and presents various opportunities for business ventures. The current lease is month-to-month, with a rate of $1,500 for the restaurant and an additional $300 for the included building next door. The main building features an open dining area, a fully equipped kitchen, and a drive-thru. A second building on-site provides additional space suitable for storage, expansion, or a separate business. A privacy-fenced courtyard offers an outdoor area for guests or events. The property is being resurveyed to include a portion of the parcel south of the restaurant, which will add ample parking and improved access. Situated along a busy U.S. highway with sidewalk access and close proximity to I-95, the location provides excellent visibility and convenience. The lot size is 0.43 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sarge’s Smokin’ BBQ Restaurant Crooked River Crab ... Big Box & Wholesale Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kingsland
    County
    Camden
    State
    Georgia
    Longitude
    -81.688658
    Latitude
    30.793948

    Nearby Similar for Sale

    • $800,000
      6,250 SF

      Versatile Commercial Building in Kingsland

      6,000+ sq ft building suitable for various commercial uses.
      480 Henrietta Street, Kingsland, GA 31548
      View Details
    • $250,000
      2,640 SF

      Restaurant with Drive-Thru and Expansion

      Commercial property with restaurant, drive-thru, and expansion potential.
      505 S Lee Street, Kingsland, GA 31548
      View Details
    • $3,000,000

      Kingsland Flex Showroom/Warehouse Facility

      Premier flex showroom and warehouse facility with highway frontage.
      1975 Commerce Drive, Kingsland, GA 31548
      View Details
    • $1,750,000

      Kingsland Retail Strip Center For Sale

      Multi-tenant retail strip center in the heart of Kingsland, Georgia.
      840 & 880 E King Ave, Kingsland, GA 31548
      View Details
    • $212,500
      2,360 SF

      Kingsland Commercial Building For Sale

      Freestanding building in downtown Kingsland, suitable for office or retail.
      110 N Lee Street, Kingsland, GA 31548
      View Details
    • $85,000
      1,011 SF

      Renovated Office Suite For Sale

      Recently renovated office suite with five private offices and elevator.
      130 N Gross Road, Kingsland, GA 31548
      View Details
    • $75,000
      1,011 SF

      Renovated Office Suite For Sale

      Recently updated office suite with elevator access in Kingsland, GA.
      130 N Gross Road unit: 204, Kingsland, GA 31548
      View Details
    • $1,950,000

      Kingsland Hotel on 3.2 Acres

      120-room hotel and office on 3.2 acres for sale.
      1311 GA Highway 40 E Highway, Kingsland, GA 31548
      View Details
    • $3,000,000
      16,500 SF

      Kingsland Flex Warehouse Opportunity

      Turn-key flex warehouse with showroom and distribution space for sale.
      1975 Commerce Dr, Kingsland, GA 31548
      View Details
    • Contact for pricing
      3,987 SF

      Kingsland Restaurant with Drive-Thru

      3,987 SF restaurant with drive-thru, built in 2011.
      1369 GA Highway 40 E, Kingsland, GA
      View Details

    FAQs

    What type of property is this?
    Restaurant - Operating restaurant with drive-thru, expansion potential, and highway access.
    Where is this restaurant located?
    The property is located at 505 S Lee Street Kingsland, GA.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: High‑visibility location on a busy U.S. highway with proximity to I‑95.; Currently operating as a restaurant with a **fully equipped kitchen and drive‑thru.**; Approximately 2,640 sq. ft. property with two buildings: main restaurant and additional building for storage/expansion.
    (912) 552-0680
    We can help!
    Listing Contact
    Nicole Readdick
    Nicole Readdick
    Real Estate License ID: 293731
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!