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    OFF-MARKET
    Retail properties & Spaces

    1583 Hwy 19, Leesburg, GA 31763

    1,470 SF 0.56 ac lot
    Property ID
    Property summary
    AI-generated overview

    This fully equipped, 1,470 square foot restaurant building in Leesburg, Georgia is available for sale at $649,000 ($441.50/sq ft). Formerly a Sonic Drive-In, the property includes additional covered square footage under a canopy. Situated on a 0.56-acre lot zoned C-2, it offers versatile usage options. The building boasts two curb cuts and prominent signage on US Hwy 19 S (Slappy Drive), a high-traffic road with 24,000 vehicles daily. Its location is advantageous, just north of the US Hwy 19 and US Hwy 82 interchange. The seller offers flexibility: operate the restaurant as-is with existing equipment, remove the equipment for alternative uses, or redevelop the entire lot. This prime location and versatile property present a compelling investment opportunity. The C-2 zoning allows for a wide range of commercial uses. The property's high visibility and convenient location make it an ideal choice for a variety of businesses. The existing infrastructure and equipment provide a significant advantage for a quick start-up or a seamless transition.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 1,470 SF
    Lot 0.56 ac (24,394 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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