Property profile

4292 Washington Rd Evans, GA 30809

OFF-MARKET
Turn key restaurants
Property ID
US22-1474862
2,212 SF 0.49 ac lot Built 1998
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a freestanding, 2,212-square-foot Taco Bell restaurant located at 4292 Washington Rd, Evans, GA 30809. Built in 1998 on a 19,839-square-foot lot, this single-story building offers a secure, 35-year corporate lease with a built-in 7.5% rent increase every five years, ensuring consistent long-term value and growth. The property boasts a strong 4.58% cap rate and a net operating income (NOI) of $137,500, representing a compelling return on investment. The asking price is $3,000,000, translating to $1,356.24 per square foot. Situated in a high-traffic area, this C-2 zoned property benefits from excellent visibility and accessibility, making it an ideal investment for discerning retail investors seeking a stable, high-performing asset with a nationally recognized brand. The property's location within the thriving Evans commercial hub guarantees consistent customer flow and significant potential for future appreciation. This is a rare opportunity to acquire a well-established, income-producing property with a proven track record of success.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1998
Construction BRICK
Total area 2,212 SF
Lot 0.49 ac (21,388 SF)
Zoning code C-2;GEN COMM DISTR
APN 072A335
UPID US22-1474862

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

4292 Washington Rd Evans, GA 30809-3070
Evans metro Census 30201 AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.75M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.75M

Owner & transaction history

since 2024
Last sale
$2.8M
4 recorded transactions
2024
$2.8M
2020
Price N/A
2007
$1.7M
2006
$1.5M

Zoning & alternative use

C-2;GEN COMM DISTR · Evans, 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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