Property profile

276 Ocilla Hwy Fitzgerald, GA 31750

OFF-MARKET
Drive through restaurants
Property ID
US22-0580199
1,396 SF 0.57 ac lot Built 1994
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional redevelopment opportunity presents a 1-story, 1,396 sq ft former Sonic Drive-In restaurant situated on a highly visible 0.57-acre lot in Fitzgerald, Georgia. Built in 1994 and renovated in 2011, the property boasts a prime location on Ocilla Highway, a major thoroughfare with over 13,500 vehicles passing daily, offering unparalleled exposure. The property also benefits from access off Benjamin Hill Drive, adding to its high traffic count. The site's strategic location is less than 500 feet from a high-traffic intersection, resulting in a combined daily traffic count exceeding 20,100 vehicles. Ocilla Highway runs through Fitzgerald's densest retail corridor, placing this property in the heart of commercial activity. The property is surrounded by strong co-tenants, including Walmart, Wendy's, Burger King, and other national brands, further enhancing its desirability. With a total building square footage of 24,829 sq ft and air rights of 24,829 sq ft, this property offers significant potential for a variety of commercial uses. The asking price is $750,000, and the property is offered fee simple. The strong demographics within a 5-mile radius, including a population of 15,000 and an average household income exceeding $54,800, support a wide range of business concepts. This is a rare chance to acquire a prime retail site in a thriving market. APN: 137 12.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1994
Construction CONCRETE
Total area 1,396 SF
Lot 0.57 ac (24,829 SF)
Zoning code RESIDENTIAL
APN 13-7-12
UPID US22-0580199

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

276 Ocilla Hwy Fitzgerald, GA 31750-8842
Fitzgerald metro Census 960501 FITZGERALD, GA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2026
2 recorded transactions
2026
$415,000
2015
$961,538

Zoning & alternative use

RESIDENTIAL · Fitzgerald, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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