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    Skidaway Road Commercial Property Title is generated by Realmo AI

    2309 Skidaway Road, Savannah, GA 31404

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    Claim this Listing
    For Lease
    $7,913/Mo $27 SF/Yr (calc)

    COMMERCIAL - Savannah, GA

    Type:Retail
    Property size:
    3,453 SF
    Lot size:
    0.30 Acres
    Added:
    Jan 10, 2026
    Days on Market:
    132
    Last Refresh:
    May 22 at 12:06 pm

    Property Features for 2309 Skidaway Road

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Zoning
    BC
    Accessibility
    Accessible Approach with Ramp
    Appliances
    Electric Water Heater
    Standard status
    Active
    APN
    2007919003
    Size
    3,453 SF
    Lot size
    0.30 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    LTS 127 128 + W PT 129 ROURKE WD

    Utilities

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

    Building Details

    Year built
    1980
    Floors in Building
    1
    Flooring type
    Tile
    Building materials
    Stucco

    We can help!

    Listing Contact
    Samuel O. Clark

    Listing agent Samuel O. Clark License #421582

    Listing office Parker Scott Properties 352 Commercial Dr, Savannah, GA

    Listing date Jan 10, 2026

    MLS# SA344879

    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.

    HighLights

    • Exceptional visibility and access on heavily traveled Skidaway Road.
    • Flexible floor plan suitable for single or multiple users and various commercial layouts.
    • High ceilings (approximately 16 feet) providing an open, modern feel.
    • Ample on‑site parking with easy ingress and egress.
    • Expansive storefront glass for strong street presence and natural light.
    • Roll‑up doors available for loading or service operations.

    Overview

    This Class A-renovated commercial property is positioned along one of Savannah's most heavily traveled corridors, offering exceptional visibility, access, and flexibility. With frontage on Skidaway Road, the property benefits from maximum exposure to high daily traffic counts. It is suitable for retail, restaurant, service, or mixed commercial uses. The building features expansive storefront glass that creates a strong street presence and floods the interior with natural light. Interior ceiling heights of approximately 16 feet provide an open, modern feel and allow for a wide range of build-out configurations. The flexible floor plan can accommodate single or multiple users and supports a variety of commercial layouts. On-site parking ensures convenience for both customers and employees, complemented by easy ingress and egress. Roll-up doors are available, offering added functionality for loading or service-oriented operations. The property has a lot size of 0.3 acres and a property size of 3453 square feet. The zoning is BC.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Express Locksmi Wheel ... Auto Repair Shop Coastal Collision Center Auto Repair Shop Akins & Bobb Auto ... Auto Repair Shop Mr. Transmission Auto Repair Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.064085
    Latitude
    32.044809

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    FAQs

    What type of property is this?
    Retail property - Class A-renovated commercial property with high visibility and flexible floor plan.
    Where is this retail property located?
    The property is located at 2309 Skidaway Road Savannah, GA.
    What is the lease rate?
    The lease rate is $7,913 /Mo.
    What are key features of this property?
    This property features: Exceptional visibility and access on heavily traveled Skidaway Road.; Flexible floor plan suitable for single or multiple users and various commercial layouts.; High ceilings (approximately 16 feet) providing an open, modern feel.
    (912) 661-6142
    We can help!
    Listing Contact
    Samuel O. Clark
    Real Estate License ID: 421582
    Learn More
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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
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