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    1601 Butler Ave Tybee Island, GA 31328

    Sponsored
    For Lease
    $8,700 /Mo ($104 SF/Yr)

    COMMERCIAL - Tybee Island, GA

    Type:Retail
    Property size:
    1,000 SF
    Lot size:
    0.17 Acres
    Days on Market:
    184
    Last Refresh:
    Feb 20 at 5:06 am

    Property Features for 1601 Butler Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Lease
    Property subtype
    Retail
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    C1
    APN
    4000818004
    Appliances
    Electric Water Heater, Freezer, Range Hood, Some Commercial Grade
    Size
    1,000 SF
    Lot size
    0.17 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1962
    Floors in Building
    1
    Flooring type
    Tile
    Building materials
    Block, Stucco
    Roof type
    Asphalt

    We can help!

    Listing Contact
    Jennifer L. Rutherford

    Jenny Rutherford Real Estate, (912) 388-2828

    Listing agent Jennifer L. Rutherford (912) 388-2828 License #343627

    Listing date Aug 21, 2025

    MLS# SA336296

    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

    Tybee Island Commercial Kitchen Lease

    This commercial kitchen is available for lease on the south end of Tybee Island. The location offers high foot traffic and visibility, situated beside the Park of 7 Flags and across from Farace's Pizza, with the beach within walking distance. The property features a fully equipped commercial kitchen with a large hood vent system suitable for grilling or deep frying, stainless steel prep stations, mop sinks, a soda fountain, and a walk-in freezer. It includes a walk-up service window designed for efficient service to restaurant patrons. There is potential for outdoor dining with a spacious exterior area that can be transformed into an outdoor seating concept. A dumpster location is available on-site. The indoor space is reserved for another business, allowing focus on kitchen production and outdoor service. There is an opportunity to build up to 3 stories for a full restaurant build out, with the tenant responsible for all build-out costs. The location is in a high-traffic tourist area, steps from the beach, and surrounded by attractions, shops, and restaurants. The lot size is 0.169 acres and the property size is 1,000 square feet. The zoning is C1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial kitchens

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Hair Salon Building Supply Auto Repair Shop Accounting Firm Kitchen & Bath Showroom Department Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Tybee Island
    County
    Chatham
    State
    Georgia
    Longitude
    -80.849816
    Latitude
    31.991751

    FAQs

    What type of property is this?
    Commercial kitchen - Prime commercial kitchen space for lease on Tybee Island.
    Where is this commercial kitchen located?
    The property is located at 1601 Butler Ave Tybee Island, GA.
    What is the lease rate?
    The lease rate is $104 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on the south end of Tybee Island with high foot traffic; - Fully equipped commercial kitchen with a huge hood vent system and massive walk-in freezer; - Walk-up service window for efficient customer service
    (912) 472-4413
    Request Owner's contact information
    1601 Butler Ave Tybee Island, GA 31328
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    Tybee Island, GA 31328
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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
    1601 Butler Ave Tybee Island, GA 31328
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    We can help!
    Listing Contact
    Jennifer L. Rutherford
    Real Estate License ID: 343627
    (912) 472-4413 (912) 414-7155 (912) 388-2828
    Learn more
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