Technical
Financial
Distress signals
Property profile

601 Blackwell St Waycross, GA 31501

OFF-MARKET
Retail space
Property ID
US22-2601618
730 SF 0.23 ac lot Built 1986
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This 810-square-foot restaurant building in Waycross, Georgia, presents a unique investment opportunity at an asking price of $125,000. Located at 601 Blackwell St, this single-tenancy property sits on a 0.45-acre lot (APN: WA1816 032: WA1816 033) and boasts approximately 204 feet of high-visibility road frontage. Currently used for the sale of small goods on a Thursday-Saturday schedule with varying hours, the property is offered without an existing lease, providing significant flexibility for the new owner. The versatile space has previously housed a variety of businesses, including restaurants, boutiques, and a nail salon/massage establishment, demonstrating its adaptability to diverse commercial uses. The included adjacent parcel (WA1816 033) offers ample potential for developing a parking lot, further enhancing the property's appeal and functionality. This prime real estate in Ware County, Georgia (zip code 31501) offers exceptional value and significant upside potential for a savvy investor seeking a foothold in a thriving market. The property's location at 31.2059655 latitude and -82.3464076 longitude ensures easy access and high visibility for any business. This is a rare chance to acquire a well-situated commercial property at an incredibly competitive price.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1986
Construction CONCRETE
Total area 730 SF
Lot 0.23 ac (10,019 SF)
Zoning code COMMERCIAL
APN WA18-16-032
UPID US22-2601618

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
  • Accounting Firm Tax Preparation
  • Clothing & Fashion Store

Location

601 Blackwell St Waycross, GA 31501-2003
Waycross metro Census 950900 WAYCROSS, GA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$90k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$90k

Owner & transaction history

since 2024
Last sale
$90,000
1 recorded transaction
2024
$90,000

Zoning & alternative use

COMMERCIAL · Waycross, 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 601 Blackwell St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message