1984 Georgia W Pkwy Waycross, GA 31503-0149
Property profile & analytics
1984 Georgia W Pkwy, Waycross, GA 31503-0149
- Grocery and convenience stores
- 2,400 SF
- 1.01 lot acres
Property ID
US22-2963935
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
- WAYCROSS SAV A STOP / Gas Station
Property Details for 1984 Georgia W Pkwy
- Year built
- 1987
- Construction
- LIGHT FRAME
- Lot size
- 1.01 lot acres
- Zone code
- COMMERCIAL
- Property type
- Grocery and convenience stores
- APN
- WA02-08-008
- APU
- WA0208008
Description
This exceptional investment opportunity presents a 2,404 square foot, single-tenant, absolute NNN leased convenience store and gas station located at 1984 S Georgia Pkwy W, Waycross, GA 31503. The property sits on a 1.01-acre lot and boasts a prominent location at a hard-signalized intersection with 24,020 AADT. The 20-year lease with Chevron/Roots Oil, commencing July 22, 2022, and expiring July 31, 2042, includes rent bumps and offers a strong 7.50% cap rate with a $140,000 NOI. The property underwent renovations in 2022. Its strategic location near South Georgia State College and Coastal Pine Technical College, along with other community hubs and schools, ensures a consistent customer base within a densely populated area (28,094 residents within a five-mile radius). The property's proximity to major highways provides easy access to Jacksonville, FL and Savannah, GA. This is an ideal investment for passive investors seeking a low-management, high-return opportunity. The property is well-suited for a 1031 exchange. This is a fee-simple ownership with no ground lease.
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
- -82.3881
- Latitude
- 31.2093
- 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
$4,301
$72,154
$76,808
$148,962
-
$180,384
$192,019
$372,403
