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    276 Ocilla Hwy Fitzgerald, GA 31750

    Sponsored
    For Sale
    $750,000

    Prime 0.57-acre lot, former Sonic Drive-In.

    Property size:
    24,829 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional redevelopment opportunity presents a 1-story, 1,396 sq ft former Sonic Drive-In restaurant situated on a highly visible 0.57-acre lot in Fitzgerald, Georgia. Built in 1994 and renovated in 2011, the property boasts a prime location on Ocilla Highway, a major thoroughfare with over 13,500 vehicles passing daily, offering unparalleled exposure. The property also benefits from access off Benjamin Hill Drive, adding to its high traffic count. The site's strategic location is less than 500 feet from a high-traffic intersection, resulting in a combined daily traffic count exceeding 20,100 vehicles. Ocilla Highway runs through Fitzgerald's densest retail corridor, placing this property in the heart of commercial activity. The property is surrounded by strong co-tenants, including Walmart, Wendy's, Burger King, and other national brands, further enhancing its desirability. With a total building square footage of 24,829 sq ft and air rights of 24,829 sq ft, this property offers significant potential for a variety of commercial uses. The asking price is $750,000, and the property is offered fee simple. The strong demographics within a 5-mile radius, including a population of 15,000 and an average household income exceeding $54,800, support a wide range of business concepts. This is a rare chance to acquire a prime retail site in a thriving market. APN: 137 12.

    Property Features for 276 Ocilla Hwy

    General Information

    Property type
    Restaurants
    Square Feet
    24,829 SF
    Lot Size
    24,829 SF

    Building Details

    Year Built/Renovated
    1994/2011
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Portfolio offering - contact for details
    • .57‑acre prime commercial lot
    • High visibility & frontage on Ocilla Hwy (13.5k VPD)
    • Full access to property
    • Proximity to Walmart Supercenter
    Property Profile Location Intelligence

    Current Use by Public Records

    Sonic Drive-In Fast Food Restaurant

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Fitzgerald
    County
    Ben Hill
    State
    Georgia
    Longitude
    -83.2451955
    Latitude
    31.6935522

    Nearby Comparable

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Restaurant - Prime 0.57-acre lot, former Sonic Drive-In.
    Where is this restaurant located?
    The property is located at 276 Ocilla Hwy Fitzgerald, GA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Portfolio offering - contact for details; .57-acre prime commercial lot; High visibility & frontage on Ocilla Hwy (13.5k VPD)
    (912) 667-5887
    Request Owner's contact information
    276 Ocilla Hwy Fitzgerald, GA 31750
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    Fitzgerald, GA 31750
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    Realmo Value Estimation

    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.

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    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.

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    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.

    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
    276 Ocilla Hwy Fitzgerald, GA 31750
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