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    OFF-MARKET
    Turn key restaurants

    121 Benjamin H Hl SW Dr, Fitzgerald, GA 31750-8609

    2,509 SF 1.17 ac lot Built 1995
    Individually Owned 8-yr Hold Free & Clear
    Property ID
    US22-3813844
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1995
    Total area 2,509 SF
    Lot 1.17 ac (50,965 SF)
    Zoning code COMMERCIAL
    APN 13-7-23
    UPID US22-3813844
    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
    Current use
    Occupant on record · Public records
    • Ronnie's BBQ Restaurant
    • Ronny’s Hamburger Shack Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Ronny D Cantrell · 8 yrs held
    Ronny D Cantrell
    since 2017
    2 recorded transactions
    2017
    $412,594
    2012
    $403,000
    Zoning & alternative use
    COMMERCIAL · Fitzgerald, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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