Property profile

697 W Cherry St Jesup, GA 31545

FOR SALE
Turn key restaurants
Property ID
US22-3412470
2,000 SF 0.58 ac lot Built 1978
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property at 697 W. Cherry Street is located in Downtown Jesup on a 0.579-acre corner lot with approximately 67 feet of frontage along West Cherry. It is positioned near GA-27 and the intersection of West Cherry with 5th Street, providing frontage along primary roadways. The site is zoned C-3 and is situated near city offices, retail shops, schools, and the Amtrak station, supporting access for both vehicle and pedestrian traffic. The building includes a full-efficiency commercial kitchen equipped with maintained appliances and is supported by upgraded electrical and plumbing systems. Interior climate control is provided by two HVAC units, and spray foam insulation is installed throughout. The property includes a parking area with 46 dedicated parking spaces. The building has an interior living area of approximately 2,000 square feet and is configured for restaurant use or other compatible commercial uses under the existing zoning.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1978
Total area 2,000 SF
Lot 0.58 ac (25,265 SF)
APN J18-6
UPID US22-3412470

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

Location

697 W Cherry St Jesup, GA 31545
Jesup metro Census 970300 JESUP, GA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2023
Last sale
$315,000
2 recorded transactions
2023
$315,000
2014
$90,000

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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