Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6110 Oak St Eastman, GA 31023
    Back to Search
    Property profile & analytics

    6110 Oak St Eastman, GA 31023

    View on Map
    • Drive through restaurants
    • 1,862 SF
    • 2.66 lot acres
    For Sale
    $1,200,000
    View Listing →
    Restaurant Building with Double Drive-Through For Sale
    $1,200,000
    1,862 SF

    Restaurant Building with Double Drive-Through

    1,862 SF restaurant building constructed in 2022 with drive-through.

    6110 Oak St, Eastman, GA 31023
    View Listing
    Property ID
    US22-2889204
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 6110 Oak St

    Year built
    2022
    Lot size
    2.66 lot acres
    Property size
    1,862 SF
    Zone code
    RESIDENTIAL
    Property type
    Drive through restaurants
    APN
    E17 027
    APU
    E17027

    Description

    This 1,862-square-foot fast-food restaurant space in Eastman, Georgia, is available for lease. Located on a 2.71-acre lot with 240 feet of frontage on Oak Street, the property boasts 23 paved parking spaces, including two handicap-accessible spots. Built in 2022, this single-tenant space is zoned B-1 and offers all utilities. The property's prime location provides excellent visibility and accessibility, situated near Dodge County Middle & High Schools, and numerous retail and restaurant establishments including Dollar General, Shark's Fish & Chicken, Captain D's, Farmer's Home Furniture, World Finance, Chas Mar Home & Garden, Harvey's, Cricket, Zaxby's, and Badcock. The property's address is 6110 Oak St, Eastman, GA 31023, with a cross street of 16th Street and APN E17 027 in Dodge County. This turnkey opportunity presents a strong foundation for a variety of quick-service restaurant concepts. The property's previous tenant was a Popeyes restaurant. This exceptional location offers high traffic counts and a strong customer base. The ample parking and convenient access make this an ideal location for a thriving business. The property is ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,245,000
      ML approach
      $2,290,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Eastman
    County
    Dodge
    State
    Georgia
    Longitude
    -83.1873
    Latitude
    32.2075

    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
    $7,112
    $73,668
    $139,774
    $213,442
    -
    $184,171
    $349,435
    $533,606

    Comparable in this City

    • Value Estimation by Request
      3,024 SF

      1020 Indian Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,024 SF
      1020 Indian Dr, Eastman, GA 31023-7655
      View Details
    • Value Estimation by Request
      3,012 SF

      644 Oak St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,012 SF
      644 Oak St, Eastman, GA 31023-6746
      View Details
    • Value Estimation by Request
      3,860 SF

      410 Oak St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,860 SF
      410 Oak St, Eastman, GA 31023-6620
      View Details
    • Value Estimation by Request
      4,838 SF

      977 Congo Ln

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,838 SF
      977 Congo Ln, Eastman, GA 31023-7668
      View Details
    • Value Estimation by Request
      1,721 SF

      1098 Indian Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,721 SF
      1098 Indian Dr, Eastman, GA 31023-7655
      View Details
    • Value Estimation by Request
      1,875 SF

      205 Main St

      RESTAURANT • 1,875 SF
      205 Main St, Eastman, GA 31023-6241
      View Details

    Similar Nearby for Sale

    • $50,000
      3,160 SF

      Eastman Restaurant/Retail Building with Drive-Thru

      Vacant restaurant/retail building with drive-thru on 1.191-acre parcel.
      6121 Oak St, Eastman, GA 31023
      View Details
    • Contact for pricing
      1,862 SF

      Restaurant Building with Double Drive-Through

      1,862 SF restaurant building constructed in 2022 with drive-through.
      6110 Oak St, Eastman, GA 31023
      View Details
    • $150,000
      1,827 SF

      Remodeled Store Near Aviation School

      Remodeled commercial store near Middle Georgia State University Aviation School.
      839 Soperton Hwy, Eastman, GA 31023
      View Details
    • Contact for pricing
      4,872 SF

      Versatile Commercial Property on McRae

      Adaptable commercial space suitable for various business ventures.
      1078 Mcrae Hwy, Eastman, GA 31023
      View Details
    • $285,000
      6,800 SF

      Eastman, GA Commercial Opportunity

      6,800 SF commercial building on 14.82 acres.
      805 Main St, Eastman, GA 31023
      View Details
    • $399,000
      3,152 SF

      Eastman Restaurant Opportunity For Sale

      Established restaurant space in Eastman, Georgia, with equipment included.
      1027 College St, Eastman, GA 31023
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Plainfield, Georgia.
      Oak St, Plainfield, GA 31023
      View Details
    • Contact for pricing

      1078 McRae Hwy, Eastman, GA 31023

      Retail properties & Spaces
      1078 Mcrae Hwy, Eastman, GA 31023
      View Details
    • Contact for pricing
      977 SF

      Eastman Office Space For Rent

      977 SF office space available in Eastman, Georgia.
      314-316 Oak St, Eastman, GA 31023
      View Details
    • Contact for pricing

      Eastman Office Space For Rent

      Office spaces available in Eastman, Georgia. New building.
      1103 Plaza Ave, Eastman, GA 31023
      View Details
    • Contact for pricing
      3,480 SF

      Office Space in Plaza Avenue

      Office spaces available in Plaza Avenue Office Park.
      1103 Plaza Ave, Eastman, GA 31023
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6110 Oak St
    Eastman, GA 31023
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6110 Oak St, Eastman, GA, 31023
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!