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    The Largest CRE Database in the US with Over 1 Million Listings

    1010 E Victory Dr, Unit G Savannah, GA 31405

    Sponsored
    For Lease
    $2,000 /Mo ($46 SF/Yr)

    COMMERCIAL - Other - Savannah, GA

    Property size:
    521 SF
    Lot size:
    0.09 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 25 at 4:06 pm

    Property Features for 1010 E Victory Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Lease
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    OI-E
    Rooms
    Bathroom 1, Bedroom 2, Bedroom 1
    Bedrooms
    2
    Bathrooms
    1
    APN
    2007611009
    Parking
    3
    Interior features
    High Ceilings
    Fencing
    Privacy
    Appliances
    Electric Water Heater
    Size
    521 SF
    Lot size
    0.09 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Heat Pump (Heating)
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Block
    Architectural style
    Other

    We can help!

    Listing Contact
    Jennifer L. Crumpton
    Jennifer L. Crumpton

    AHR Commercial (912) 354-2100

    Listing agent Jennifer L. Crumpton (912) 354-2100 License #380297

    Listing date Feb 24, 2026

    MLS# SA349568

    Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Renovated Commercial Space Near Daffin Park

    This impeccably renovated commercial space, located at the corner of Victory Drive and Waters Avenue, offers high visibility and a sophisticated, modern interior. Situated directly across from Daffin Park in a rapidly developing corridor of Savannah, the storefront features oversized windows facing Waters Avenue, providing maximum exposure. The interior boasts an elevated blank canvas design with industrial-style exposed-beam ceilings, designer statement lighting, and tile floors. The move-in-ready layout is anchored by a center island, suitable for a showroom or reception area. Zoned OI-E, potential uses include professional office, medical or wellness studios, esthetic services, or nonprofit headquarters. The property includes on-site parking and ADA compliant access to a shared restroom. The property size is 521 square feet and the lot size is 0.09 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Healthpac Medical Billing Medical Billing Service Healthpac Computer Systems ... (Bike/Boat/Book/etc) Store Elmer H. Young, ... Law Firm i3 Verticals Healthcare Medical Billing Service IB Event Co. Wedding Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Pars Oriental Rug

    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.085498
    Latitude
    32.04872

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    FAQs

    What type of property is this?
    Showroom - Modern, renovated commercial space with high visibility and flexible zoning.
    Where is this showroom located?
    The property is located at 1010 E Victory Dr, Unit G Savannah, GA.
    What is the lease rate?
    The lease rate is $46 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility location directly across from Daffin Park in a rapidly developing area.; - Impeccably renovated, move-in-ready space with a sophisticated, modern interior.; - Oversized windows facing Waters Avenue providing maximum exposure.
    (229) 392-4090
    Request Owner's contact information
    1010 E Victory Dr, Unit G Savannah, GA 31405
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    Savannah, GA 31405
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    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
    1010 E Victory Dr, Unit G Savannah, GA 31405
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    We can help!
    Listing Contact
    Jennifer L. Crumpton
    Jennifer L. Crumpton
    Real Estate License ID: 380297
    (229) 392-4090 (912) 352-1623 (912) 354-2100
    Learn more
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