121 Benjamin H Hl SW Dr Fitzgerald, GA 31750-8609
- Turn key restaurants
- 2,509 SF
- 1.17 lot acres
Current Use by Public Records
- Ronnie's BBQ / Barbecue Restaurant
- Ronny’s Hamburger Shack / Hamburger Restaurant / Breakfast Restaurant
Property Details for 121 Benjamin H Hl SW Dr
- Year built
- 1995
- Lot size
- 1.17 lot acres
- Property size
- 2,509 SF
- Zone code
- COMMERCIAL
- Property type
- Turn key restaurants
- APN
- 13-7-23
- APU
- 13723
Description
This thriving Fitzgerald restaurant presents a unique investment opportunity. Priced at $789,900, this fully operational business includes the 2,509 square foot building situated on a 1.17-acre lot, all contents*, and the established business name. The property boasts a prime location directly across from a shopping mall and supercenter, enjoying high visibility on a busy state highway bypass. The restaurant is handicapped accessible and currently configured for up to 100 diners. Recent upgrades include a new roof and air conditioning unit (approximately 3 years old), and most kitchen appliances are less than 30 months old. This turnkey operation ensures immediate income generation. The sale also includes a yearly rental income stream from a billboard company. This is a rare chance to acquire a profitable, established business with significant potential for growth in a desirable location. *Specific contents to be detailed upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $345,000
- 6.5%
- $350,000
- 7%
- $355,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $370,000
- Geo Method
- $315,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $400,000
- Retail
- $345,000
- Mixed-Use
- $350,000
- Hospitality
- $375,000
- Educational
- $320,000
- Residential Income
- $405,000
- Energy
- $330,000
- Income-Based Land
- $405,000
- Food Service
- $335,000
Location Insight
- Map
- Local Demand
- City
- Fitzgerald
- County
- Ben Hill
- State
- Georgia
- Longitude
- -83.2471
- Latitude
- 31.6927
- CBSA code
- 22340
- CBSA name
- FITZGERALD, GA MICROPOLITAN STATISTICAL AREA