1506 Memorial Dr Waycross, GA 31501
Property profile & analytics
1506 Memorial Dr Waycross, GA 31501
- Turn key restaurants
- 9,091 SF
- 0.96 lot acres
Property ID
US22-2077903
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Toll Cuban Bakery / Bakery / Specialty Food Shop
- El Santo Coyote Mexican Restaurant Bar and Grill / Take-out & Catering / Catering Service
Property Details for 1506 Memorial Dr
- Year built
- 1973
- Lot size
- 0.96 lot acres
- Property size
- 9,091 SF
- Zone code
- COMMERCIAL
- Property type
- Turn key restaurants
- APN
- WA18-12-017
- APU
- WA1812017
Description
This exceptional commercial property, located at 1506 Memorial Drive in Waycross, Georgia, presents a remarkable investment opportunity. Situated on a 0.96-acre lot, the building currently operates as a successful dual-concept business: a Mexican restaurant and a Cuban bakery. Its prime location along Memorial Drive ensures high visibility and convenient access for customers. The property boasts a spacious and versatile interior, well-suited for a variety of commercial ventures. The elegant facade and well-maintained infrastructure provide a strong foundation for a new owner to capitalize on the existing success or implement their own vision. The property's adaptability allows for diverse possibilities, from a cafe and specialty restaurant to a bar and grill, or even a steakhouse. This is a chance to own a thriving business in a desirable location, contributing to the vibrant community of Waycross. The asking price is $2,100,000. This property offers a unique blend of established success and untapped potential, making it an ideal investment for discerning entrepreneurs. The existing infrastructure and prime location provide a solid base for continued growth and profitability. Don't miss this chance to own a piece of Waycross's thriving commercial landscape.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Waycross
- County
- Ware
- State
- Georgia
- Longitude
- -82.3405
- Latitude
- 31.2082
- CBSA code
- 48180
- CBSA name
- WAYCROSS, GA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,841
$58,545
$163,302
$221,847
-
$146,363
$408,254
$554,617
