Property summary
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
VerifiedCap rate & NOI
Current use
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Restaurant Take-out & Catering
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RESIDENTIAL · Fitzgerald, GAZoning
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Zoning designation
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