121 Benjamin H Hill DrFitzgerald, GA 31750

Property Details for 121 Benjamin H Hill Dr

Year built

1995

Lot size

1.17 AC

Property size (Sq ft)

2,509 SF

Zone code

COMMERCIAL

Property type

Retail properties

Property subtype

Turn key restaurants

APN

13-7-23

APU

13723

Description

This thriving Fitzgerald restaurant presents a unique investment opportunity. Priced at $789,900, this fully operational business includes the 2,509 square foot building situated on a 1.17-acre lot, all contents*, and the established business name. The property boasts a prime location directly across from a shopping mall and supercenter, enjoying high visibility on a busy state highway bypass. The restaurant is handicapped accessible and currently configured for up to 100 diners. Recent upgrades include a new roof and air conditioning unit (approximately 3 years old), and most kitchen appliances are less than 30 months old. This turnkey operation ensures immediate income generation. The sale also includes a yearly rental income stream from a billboard company. This is a rare chance to acquire a profitable, established business with significant potential for growth in a desirable location. *Specific contents to be detailed upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $457,900

  6.5%

  $422,677

  7%

  $392,486

• Comparable approach

  Method

  Valuation

  Relative Method

  $449,479

  Geo Method

  $449,479

• Alternative Use

  Use

  Valuation

  Residential

  $356,544

  Hospitality

  $326,592

  Educational

  $271,721

  Medical

  $281,066

  Retail

  $422,677

Location Insight

City

Fitzgerald

County

Ben Hill

State

Georgia

Latitude

31.6927

Longitude

-83.2471

CBSA code

22340

CBSA name

FITZGERALD, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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