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Commercial Land with Leased Restaurant

2017 Memorial Drive, Waycross, GA 31501

For Sale
$995,000

Commercial Sale, Waycross, GA

Property Size1,548 SF
Lot Size0.84 Acres
Price / SF$642.76
Days on Market40

Property Features for 2017 Memorial Drive

General Information

Property type Commercial Sale
Property subtype Other
Parking features Parking Lot
Lot features City Lot
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 Year 2025
Tax Annual Amount 10

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 2012
Building materials Stucco
Listing Agency: Southern Classic Realtors
Listed By: Heather Fluker · License #396858
Added: Oct 1 Changed: Nov 6 Last Checked: Nov 9 at 3:06AM
MLS# 10886410

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.

Rey
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Investment Insights

Based on property information with market context.

The offering comprises four parcels totaling approximately 0.84 acres, with a 1,548-square-foot restaurant building currently leased. Built in 2012, the stucco structure has central heating, central air conditioning, a parking lot, public water and public sewer service.

The property fronts Memorial Drive in Waycross, Georgia, with approximately 230 feet of road frontage and a reported daily traffic count of approximately 15,000 vehicles. The sale includes three additional parcels alongside the parcel improved with the restaurant building.

Key Highlights

  • Four parcels totaling approximately 0.84 acres
  • 1,548‑square‑foot restaurant building is currently leased and generating rental income
  • Approximately 230 feet of frontage on Memorial Drive

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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

Properties on Market for Commercial land in Waycross

Jul
Aug
Sep
Oct

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 combine an operating restaurant building with additional land along Memorial Drive.
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; 1,548‑square‑foot restaurant building is currently leased and generating rental income; Approximately 230 feet of frontage on Memorial Drive
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