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Commercial Land with Leased Restaurant
For Sale
$995,000

2017 Memorial Dr, Waycross, GA 31501

Four parcels include a tenant-leased quick-service restaurant along Memorial Drive in Waycross.

Property Size1,548 SF
Price / SF$642.76
Days on Market10

Property Features for 2017 Memorial Dr

General Information

Standard status Active
Size 1,548 SF
Property subtype Commercial

Building Details

Year Built 2011
Listing Agency: Southern Classic, REALTORS
Listed By: Heather Fluker · License #396858
Source: Ginesandburnsed.searchhomesinsavannah
Added: Oct 6 Changed: Oct 11 Last Checked: Oct 14 at 11:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Southern Classic, REALTORS

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Investment Insights

Based on property information with market context.

This four-parcel commercial land offering in Waycross includes a 1,548-square-foot quick-service restaurant, built in 2011, that is currently leased. The combined site totals approximately 0.84 acres and has approximately 230 feet of road frontage on Memorial Drive. The existing building and adjoining parcels are part of the same offering.

Memorial Drive carries an approximate daily traffic count of 15,000 vehicles. The property is located at 2017 Memorial Dr, Waycross, Georgia. Additional adjoining land may be purchased separately.

Key Highlights

  • Four parcels totaling approximately 0.84 acres
  • Leased 1,548 sq ft quick‑service restaurant built in 2011
  • Approximately 230 feet of road frontage on Memorial Drive

Property Analytics

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Current Use

Subway Take-out & Catering

Suggested Use

Top Pick Real Estate Agency Law Firm Kitchen & Bath Showroom Carpet & Flooring Store Computer & Electronic Repair Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

609
Businesses Nearby
387k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 42% Shops & Services 18% Apparel 12% Groceries 11%
Kroger Groceries
43,281 visits/mo 0.5 miles
Chick-fil-A Dining
40,585 visits/mo 0.5 miles
Big Lots Superstores
20,735 visits/mo 0.4 miles
Belk Apparel
19,882 visits/mo 0.5 miles
Circle K Shops & Services
18,849 visits/mo 0.5 miles

Demographics for 31501, GA

14,036
Population
6,867
Households
2
Avg Household Size
40
Median Age
18%
College-Educated
84%
High-School Grad
12.0 sq mi
ZIP Area
1,170
Density / Sq Mi
$37,203
Median Household Income
$30,426
Median Earnings
$752
Median Rent
$100,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - Four parcels include a tenant-leased quick-service restaurant along Memorial Drive in Waycross.
Where is this commercial land located?
The property is located at 2017 Memorial Dr Waycross, GA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Four parcels totaling approximately 0.84 acres; Leased 1,548 sq ft quick‑service restaurant built in 2011; Approximately 230 feet of road frontage on Memorial Drive
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