Property profile

1110 Cherry St Jesup, GA 31546

OFF-MARKET
Turn key restaurants
Property ID
US22-3161840
1,855 SF 0.26 ac lot Built 2002
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,000-square-foot restaurant in Jesup, Georgia, is available for $398,000. Located at 1110 E Cherry St, in Wayne County, zip code 31546, this property presents a fantastic opportunity for both owner-operators and investors. Currently vacant, the space is ready for immediate occupancy, eliminating the need for extensive renovations. All furniture, fixtures, and equipment (FF&E) are included in the sale price, making this a truly turnkey operation. The asking price of $398,000 translates to a price per square foot of $199, representing a strong value in the current market. The property's versatile nature allows for various culinary concepts, from a bar to a quick-service restaurant. The seller is offering financing options, making this an even more attractive proposition. This prime location in Jesup offers high visibility and accessibility, ensuring a strong foundation for a successful business venture. Don't miss this chance to acquire a fully equipped restaurant in a desirable location with flexible financing options.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2002
Total area 1,855 SF
Lot 0.26 ac (11,326 SF)
APN J22-21-3
UPID US22-3161840

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1110 Cherry St Jesup, GA 31546-4013
Jesup metro Census 970500 JESUP, GA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2024
Last sale
$243,000
2 recorded transactions
2024
$243,000
2006
$391,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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