2306 Memorial Dr Waycross, GA 31501-1007
Property profile & analytics
2306 Memorial Dr Waycross, GA 31501-1007
- Turn key restaurants
- 3,910 SF
- 0.88 lot acres
Property ID
US22-2222816
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
- New Hong Kong Restaurant / Restaurant
Property Details for 2306 Memorial Dr
- Year built
- 1979
- Construction
- WOOD
- Lot size
- 0.88 lot acres
- Property size
- 3,910 SF
- Zone code
- UNZONED SUBURBAN
- Property type
- Turn key restaurants
- APN
- WA24-09-004
- APU
- WA2409004
Description
This exceptional commercial property, located at 2306 Memorial Drive in Waycross, Georgia, presents a unique investment opportunity. The 0.88-acre lot boasts an existing 3,910 square foot restaurant, currently operating as New Hong Kong Buffet, complete with a drive-thru and ample parking (48 spaces). Its strategic outparcel location adjacent to Lowe's Home Improvement Center on a major thoroughfare ensures high visibility and accessibility. The property benefits from excellent exposure on Memorial Highway (also known as Jacksonville Highway/Rt 1, Hwy 23/Hwy 4), situated at a lighted intersection with Hatcher Point Road, providing direct access to Lowe's. Convenient rear access to Lowe's is also available via a dedicated driveway. Across the street lies the Mall of Waycross, further enhancing the property's desirability. The surrounding area is densely populated with major retailers including Belk, TJ Maxx, Walmart, Staples, Mattress Firm, Aspen Dental, Ruby Tuesday, Hwy 55 Diner, McDonald's, Chick-fil-A, Zaxby's, and Verizon. An estimated 9,200 vehicles pass daily, underscoring the significant traffic volume. The C-2 Highway Commercial zoning allows for a diverse range of business uses, making this property an attractive prospect for both established businesses and new ventures. The asking price is $1,600,000.
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
- -82.3246
- Latitude
- 31.1974
- 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
$6,498
$76,666
$86,385
$163,051
-
$191,665
$215,963
$407,628
