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    Property profile & analytics

    2108 Memorial Dr Waycross, GA 31501-1005

    • Drive through restaurants
    • 1,888 SF
    • 1.03 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Location Intelligence
    Property ID
    US22-2427308
    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.

    Current Use by Public Records

    • Sonic Drive-In / Fast Food Restaurant

    Property Details for 2108 Memorial Dr

    Year built
    2005
    Lot size
    1.03 lot acres
    Property size
    1,888 SF
    Zone code
    COMMERCIAL
    Property type
    Drive through restaurants
    APN
    WA24-07-005
    APU
    WA2407005

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $355,000
      6.5%
      $355,000
      7%
      $370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $295,000
      Geo Method
      $375,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $335,000
      Retail
      $275,000
      Mixed-Use
      $295,000
      Hospitality
      $370,000
      Educational
      $340,000
      Residential Income
      $340,000
      Energy
      $305,000
      Income-Based Land
      $355,000
      Food Service
      $305,000

    Location Insight

    • Map
    • Local Demand
    City
    Waycross
    County
    Ware
    State
    Georgia
    Longitude
    -82.3291
    Latitude
    31.2008
    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
    $7,658
    $89,734
    $102,422
    $192,156
    -
    $224,335
    $256,054
    $480,389

    Comparable in this City

    • Value Estimation by Request
      874 SF

      768 Ossie Davis Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 874 SF
      768 Ossie Davis Pkwy, Waycross, GA 31501-4656
      View Details
    • Value Estimation by Request
      1,452 SF

      727 Knight Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,452 SF
      727 Knight Ave, Waycross, GA 31501-1943
      View Details
    • Value Estimation
      $685,000
      1,800 SF

      1767 Memorial Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,800 SF
      1767 Memorial Dr, Waycross, GA 31501
      View Details
    • Value Estimation
      $360,000
      1,548 SF

      2017 Memorial Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,548 SF
      2017 Memorial Dr, Waycross, GA 31501-0900
      View Details
    • Value Estimation
      $270,000
      3,613 SF

      601 Memorial Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,613 SF
      601 Memorial Dr, Waycross, GA 31501-2910
      View Details
    • Value Estimation
      $340,000
      2,432 SF

      2409 Plant Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,432 SF
      2409 Plant Ave, Waycross, GA 31501
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • Contact for pricing
      41,066 SF

      Office and Retail Space Available

      Office, retail, and restaurant spaces for lease near shopping mall.
      1912 Memorial Dr, Waycross, GA 31501
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      51,352 SF

      Waycross Mall Retail Space Available

      High-traffic retail space in Waycross, GA.
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      3,200 SF

      Retail Space in Waycross, GA

      3,200 SF retail space available for rent.
      1803 Knight Ave, Waycross, GA 31501
      View Details
    • $8 SF/Yr
      2,400 SF

      Retail Space in Waycross, GA

      Retail spaces available for lease in Waycross, Georgia.
      701 Riverside Ave, Waycross, GA 31501
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    • Contact for pricing
      2,487 SF

      Retail Space Near Starbucks

      2,487 SF retail space available next to Starbucks.
      1908 Memorial Dr, Waycross, GA 31501
      View Details
    • Contact for pricing
      12,000 SF

      Waycross Medical Office Building

      Prime Medical Office, High Visibility
      0 Tebeau St, Waycross, GA 31501
      View Details

    Property Visit Statistics

    • Visits by month
      7.8k
    • Visitors by month
      7.8k
    • Avg Time on site
      15 min
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    Waycross, GA 31501-1005
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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