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Commercial Land with Leased Restaurant
For Sale
$995,000

2017 Memorial Drive, Waycross, GA 31501

Commercial Sale, Waycross, GA

Property Size1,548 SF
Lot Size0.84 Acres
Price / SF$642.76
Days on Market30

Property Features for 2017 Memorial Drive

General Information

Property type Commercial Sale
Property subtype Other
Directions Traveling north on Memorial Drive, the property will be on your right.
Standard status Active
APN WA2414 021
Size 1,548 SF
Lot size 0.84 Acres

Taxes and HOA fees

Tax Description MEMORIAL DRIVE 2017
Legal Description MEMORIAL DRIVE 2017

Building Details

Year built 2011
Floors in Building 1
Listing Agency: Southern Classic, REALTORS
Listed By: Heather Fluker · License #396858
Added: Sep 14 Changed: Oct 8 Last Checked: Oct 13 at 7:06AM
MLS# 2002946

Copyright © 2026 Golden Isles Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The 0.84-acre property comprises four parcels and includes a 1,548-square-foot quick-service restaurant. Built in 2011, the restaurant is leased and generates rental income; three other parcels are included in the offering.

The site fronts Memorial Drive in Waycross, with approximately 230 feet of road frontage and a reported daily traffic count of approximately 15,000 vehicles. Additional adjoining land may be purchased separately.

Key Highlights

  • Four parcels totaling approximately 0.84 acres
  • Leased 1,548‑square‑foot quick‑service restaurant producing rental income
  • Three additional parcels are included with the restaurant property

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
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Several parcels combine a leased quick-service restaurant with additional land.
Where is this commercial land located?
The property is located at 2017 Memorial Drive 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‑square‑foot quick‑service restaurant producing rental income; Three additional parcels are included with the restaurant property
More about this property
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