278 Ocilla Hwy Fitzgerald, GA 31750
Property profile & analytics
278 Ocilla Hwy Fitzgerald, GA 31750
- Drive through restaurants
- 3,019 SF
- 0.61 lot acres
Property ID
US22-3787506
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
- Burger King / Restaurant
Property Details for 278 Ocilla Hwy
- Year built
- 2009
- Lot size
- 0.61 lot acres
- Property size
- 3,019 SF
- Zone code
- RESIDENTIAL
- Property type
- Drive through restaurants
- APN
- 13-7-13
- APU
- 13713
Description
This exceptional investment opportunity presents a 3,019 square foot Burger King property located at 278 Ocilla Hwy, Fitzgerald, GA 31750. The property, built in 2009 and fully remodeled in 2024, sits on a 0.61-acre corner lot at a signalized intersection boasting a combined daily traffic count of 21,130 vehicles. This absolute NNN lease, with a corporate guarantee from a credit-rated franchisee, offers significant investor benefits. The lease commenced October 31, 2021, and has a remaining term of 17 years, extending to October 30, 2041, with four 5-year renewal options, each including a 6.5% rent increase. The current rent is $224,215 annually, representing a 6.25% cap rate and a price per square foot of $1,188.29. The next rent increase of 6.5% is scheduled for November 1, 2026. This strategically located property is situated across from a Walmart and is part of the Colony Square Shopping Center, anchored by Tractor Supply Co. and Dollar General. The strong demographics within a 5-mile radius include over 14,700 residents. This Burger King location is a top performer within the franchisee's system, demonstrating exceptional sales and a robust return on sales ratio. The property offers zero landlord responsibilities, making it an ideal low-maintenance investment. The asking price is $3,587,440.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Fitzgerald
- County
- Ben Hill
- State
- Georgia
- Longitude
- -83.2449
- Latitude
- 31.6931
- CBSA code
- 22340
- CBSA name
- FITZGERALD, 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
$9,023
$66,000
$134,191
$200,191
-
$165,000
$335,477
$500,477
