Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3527 Us-84 Blackshear, GA 31516

    • Retail properties
    • 3,318 SF
    • 0.60 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 3527 Us-84

    Year built
    1998
    Lot size
    0.60 lot acres
    Property size
    3,318 SF
    Property type
    Retail properties

    Description

    This exceptional investment opportunity presents a 3,318 square foot Burger King restaurant in Blackshear, Georgia. Located at 3527 US-84, Blackshear, GA 31516, this property boasts a strong 6.00% cap rate and a substantial net operating income (NOI) of $124,940. The property sits on a 0.6-acre lot and features a 14-year remaining lease term (originally 20 years commencing October 30, 2018, and expiring October 31, 2038) with a franchisee tenant. The triple-net (NNN) lease structure ensures minimal landlord responsibilities. Built in 1998 and renovated in 2003, this well-maintained property benefits from built-in rent increases of 5% every five years throughout the base term and four, five-year renewal options. The asking price is $2,082,325, translating to a price per square foot of $627.58. This represents a compelling investment opportunity with significant long-term potential for passive income generation. The property's location in Pierce County, Georgia, offers excellent visibility and accessibility. This is a rare chance to acquire a well-established, high-performing Burger King franchise under a secure, long-term lease.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Blackshear
    County
    Pierce
    State
    Georgia
    Longitude
    -82.2433
    Latitude
    31.3053

    Comparable in this City

    • Value Estimation by Request
      384 SF

      Carter Ave

      RESTAURANT • 384 SF
      Carter Ave, Blackshear, GA 31516
      View Details
    • Value Estimation by Request
      2,016 SF

      720 Hwy Ave, Unit 84

      RESTAURANT • 2,016 SF
      720 Hwy Ave, Blackshear, GA 31516-2246
      View Details
    • Value Estimation by Request
      2,219 SF

      3328 Us Hwy 84

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,219 SF
      3328 Us Hwy 84, Blackshear, GA 31516
      View Details
    • Value Estimation by Request
      4,800 SF

      418 Gordon St

      RESTAURANT • 4,800 SF
      418 Gordon St, Blackshear, GA 31516-1239
      View Details
    • Value Estimation by Request
      2,640 SF

      3577 Us Hwy 84

      RESTAURANT • 2,640 SF
      3577 Us Hwy 84, Blackshear, GA 31516-2238
      View Details
    • Value Estimation
      $1,445,000
      3,318 SF

      3527 Us Hwy 84

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,318 SF
      3527 Us Hwy 84, Blackshear, GA 31516-2294
      View Details

    Similar Nearby for Sale

    • $1,700,000
      3,000 SF

      Historic Restaurant & Event Venue

      Charming 1902 Blackshear property with restaurant, venue, and B&B.
      622 E Main St, Blackshear, GA 31516
      View Details
    • $825,000
      2,600 SF

      Downtown Blackshear Commercial Opportunity

      Profitable business opportunity in downtown Blackshear, Georgia.
      108 Central Ave NE, Blackshear, GA 31516
      View Details
    • Contact for pricing

      Blackshear, GA Commercial Space

      Versatile commercial space in a prime shopping center.
      3005 W Hwy 84 Hwy, Blackshear, GA 31516
      View Details
    • Contact for pricing

      Blackshear, GA Commercial Space

      Versatile commercial space in a prime shopping center location.
      3005 W Hwy 84 Hwy, Blackshear, GA 31516
      View Details
    • $170,000
      47.61 Acres

      Pierce County Agricultural Land

      47 acres in Pierce County, Georgia, near Waycross.
      47 +/- Acres Live Oak Ln, Blackshear, GA 31516
      View Details
    • Contact for pricing
      0.67 Acres

      Wooded Mobile Home Lot

      0.67 acre wooded lot ready for mobile home development.
      111 Rosy Rd, Blackshear, GA 31516
      View Details

    Similar Nearby for Lease

    • $3,200 /Mo
      3,255 SF

      Blackshear Commercial Space For Rent

      Versatile commercial space in a prime Blackshear shopping center.
      3005 W Hwy 84, Blackshear, GA 31516
      View Details
    • $2,200 /Mo
      2,426 SF

      Blackshear Commercial Space For Rent

      Versatile commercial space in a prime Blackshear, Georgia shopping center.
      3005 W Hwy 84, Blackshear, GA 31516
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3527 Us-84
    Blackshear, GA 31516
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.