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    2330 Memorial Dr Waycross, GA 31503

    For Sale
    $1,250,000

    Prime 0.9-acre commercial lot, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 0.9-acre commercial land parcel presents a remarkable investment opportunity in Waycross, Georgia. Located at 2330 Memorial Dr (US 23), this property boasts a highly desirable location within a thriving retail corridor, directly adjacent to a Lowe's store. The site benefits from excellent visibility and accessibility, featuring a dedicated turn lane with convenient ingress and egress onto Pafford Lake Rd. Daily traffic counts on Memorial Drive exceed 13,000 vehicles, ensuring significant exposure for any commercial development. Across Memorial Drive, a cluster of established retailers including Walmart, Five Below, Dollar Tree, Ross Dress for Less, and Bealls, further enhances the property's strategic position. The property is zoned for commercial use (APN: WA2409 007) and offers significant potential for a variety of commercial ventures. This is a rare opportunity to acquire a prime commercial lot in a high-traffic area with strong existing retail presence. The asking price is $1,250,000.

    Property Features for 2330 Memorial Dr

    General Information

    Property type
    Land
    Lot Size
    39,204 SF

    HighLights

    • $1,250,000 asking price for 0.9‑acre commercial land parcel.
    • Located at 2330 Memorial Dr, Waycross, GA 31503 (APN: WA2409 007).
    • Commercial zoning permits a variety of uses.
    • Excellent visibility and access from US 23 (Memorial Drive) and Pafford Lake Rd, including dedicated turn lane.
    • High traffic counts exceeding 13,000 AADT on Memorial Drive; adjacent to Lowe's and across from Walmart, Five Below, Dollar Tree, Ross, and Bealls.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Gym & Fitness Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Waycross
    County
    Ware
    State
    Georgia
    Longitude
    -82.322590306609
    Latitude
    31.196346718316

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    FAQs

    What type of property is this?
    Land - Prime 0.9-acre commercial lot, high traffic.
    Where is this land located?
    The property is located at 2330 Memorial Dr Waycross, GA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: $1,250,000 asking price for 0.9-acre commercial land parcel.; Located at 2330 Memorial Dr, Waycross, GA 31503 (APN: WA2409 007).; Commercial zoning permits a variety of uses.
    Request Owner's contact information
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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.

    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.

    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.

    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
    2330 Memorial Dr Waycross, GA 31503
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