Retail Site with Road
For Sale
$1,000,000
1564 Dean Forest Road, Savannah, GA 31408
SINGLE_FAMILY - Other - Savannah, GA
Property Size4,740 SF
Lot Size0.79 Acres
Price / SF$210.97
Days on Market591
Property Features for 1564 Dean Forest Road
General Information
Property type
Residential
Property subtype
Retail
Zoning
C2A
Zoning description
Commercial
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking
26
Security features
Security Lighting
Window features
Display Window(s)
Interior features
Programmable Thermostat
Exterior features
Fence
Fencing
Fenced, Chain Link
Appliances
Electric Water Heater
Lot features
Level
Directions
Take I-16 W then Exit 160 for Dean Forest Road. Turn right onto Dean Forest Road. The property will be on the right-hand side.
Standard status
Active
APN
60988D02018B
Size
4,740 SF
Lot size
0.79 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
LT 3 SUB OF A PT OF LOVELL CO TC T MCGAHAN PARK PH 2
Tax Annual Amount
2436
Legal Description
LT 3 SUB OF A PT OF LOVELL CO TC T MCGAHAN PARK PH 2
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Well, Private
Building Details
Year built
1984
Floors in Building
1
Flooring type
Concrete, Vinyl
Building materials
Metal Siding, Concrete
Roof type
Metal
Architectural style
Other
Listing Agency:
Realty One Group Inclusion
(912) 298-7200
Listed By:
Monica Beadleston · License #366695
(305) 562-1914
Added: Dec 16, 2024
Changed: Jul 7
Last Checked: Jul 30 at 3:06PM
MLS# SA323154
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.
Investment Insights
Based on property information with market context.
This commercial retail site offers 150 feet of road frontage and 26 parking spaces, situated on a parcel measuring 0.79 acres. The property is listed as 4,740 square feet and is zoned C2A.
Located at 1564 Dean Forest Road in Savannah, GA 31408, the site is described as having high visibility along Dean Forest Road. Public remarks also indicate the property is approximately 15 minutes from the Port of Savannah, 15 minutes from Downtown Savannah, and 15 minutes from the Savannah/Hilton Head International Airport.
The public remarks note that it may be possible to have the property rezoned from commercial to industrial, and the tenant is open to a buyer lease buyout.
Located at 1564 Dean Forest Road in Savannah, GA 31408, the site is described as having high visibility along Dean Forest Road. Public remarks also indicate the property is approximately 15 minutes from the Port of Savannah, 15 minutes from Downtown Savannah, and 15 minutes from the Savannah/Hilton Head International Airport.
The public remarks note that it may be possible to have the property rezoned from commercial to industrial, and the tenant is open to a buyer lease buyout.
Key Highlights
- Prime commercial site on Dean Forest Road with 150 ft of road frontage and 26 parking spaces
- Built in 1984; metal roof with metal siding and concrete construction
- Central heating and central air (electric) with a programmable thermostat
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $82.5k | $17.40 |
| − Vacancy | −$5.6k | −$1.18 |
| EGI | $76.9k | $16.22 |
| − OpEx | −$23.1k | −$4.87 |
| NOI | $53.8k | $11.35 |
4,740 SF · lease $17.40/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$768.7K
$672.6K – $896.8K
NOI $53,807 @ 7.0% cap · market cap 5.38%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$4.43M
$3.88M – $5.17M
NOI $310,089 @ 7.0% cap · market cap 31.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
54
Businesses Nearby
4k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Hardee's
Dining
3,825 visits/mo
0.2 miles
Demographics for 31408, GA
11,790
Population
4,529
Households
2.6
Avg Household Size
36
Median Age
13%
College-Educated
82%
High-School Grad
21.1 sq mi
ZIP Area
559
Density / Sq Mi
$40,109
Median Household Income
$30,667
Median Earnings
$1,080
Median Rent
$160,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial retail site with 150 feet of road frontage and 26 parking spaces on Dean Forest Road.
Where is this storefront property located?
The property is located at 1564 Dean Forest Road Savannah, GA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Prime commercial site on Dean Forest Road with 150 ft of road frontage and 26 parking spaces; Built in 1984; metal roof with metal siding and concrete construction; Central heating and central air (electric) with a programmable thermostat
