Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3021 E Victory Dr Savannah, GA 31404

    Sponsored
    For Sale
    $800,000

    SINGLE_FAMILY - Other - Savannah, GA

    Type:Retail
    Property size:
    1,740 SF
    Lot size:
    0.41 Acres
    Days on Market:
    21
    Last Refresh:
    Feb 20 at 12:06 am

    Property Features for 3021 E Victory Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Retail
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    B
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    3000304005
    Parking
    10
    Appliances
    Electric Water Heater
    Size
    1,740 SF
    Lot size
    0.41 Acres

    Utilities

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

    Building Details

    Year built
    1987
    Floors in Building
    1
    Flooring type
    Tile, Vinyl
    Building materials
    Brick
    Roof type
    Asphalt
    Architectural style
    Other

    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 Jan 31, 2026

    MLS# SA347557

    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

    Victory Drive Commercial Building For Sale

    This 1,740 square foot commercial building is available for sale. The single-level layout offers a flexible interior configuration suitable for various commercial uses, subject to city zoning and permitting. The property benefits from clear line-of-sight exposure and strong street presence. It features 100 feet of frontage on heavily traveled E Victory Drive, providing exceptional visibility and prominent signage exposure. Dedicated on-site parking adds convenience for customers and employees. The surrounding area includes established commercial uses and adjacent residential neighborhoods, supporting consistent daytime traffic. Well-positioned for an owner-user or investor, this standalone commercial asset offers strong visibility in an established urban corridor. Located on Victory Drive with immediate proximity to Truman Parkway, it provides quick access to downtown, midtown, and surrounding submarkets. Its high daily traffic exposure and excellent accessibility make it ideal for office, retail, or service-oriented use. The property is technically located in the Town of Thunderbolt, which may offer ease of approvals and flexibility. Potential uses include a drive-thru liquor store, gun shop, tutoring facility, restaurant, grooming facility, boutique, hair salon, doctor's office, chiropractor, or laundromat. The lot size is 0.41 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Precision Firearms LLC Gun Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.056142
    Latitude
    32.035869

    Nearby Similar for Sale

    • New
      $1,490,000
      3,040 SF

      Savannah Historic District Mixed-Use Property

      Mixed-use property in Savannah's Historic District generating $130K+ annually.
      1014 Abercorn St, Savannah, GA 31401
      View Details
    • $2,498,250
      4,539 SF

      Savannah Colonial with ADU

      Renovated Savannah home with ADU, luxury features, and outdoor kitchen.
      317 E 45Th St, Savannah, GA 31405
      View Details
    • $1,699,000
      6,032 SF

      Savannah Multifamily Investment Opportunity

      Eight-unit multifamily property in Downtown Savannah near SCAD.
      913-917 W 38Th St, Savannah, GA 31401
      View Details
    • $2,250,000
      4,970 SF

      Savannah Historic District Income Property

      Fully licensed 5-unit STVR in Savannah's Historic District.
      28 E Taylor St, Savannah, GA 31401
      View Details
    • $699,900
      6,741 SF

      Mixed-Use Property in Savannah, GA

      Mixed-use property with restaurant, retail, storage, and apartments.
      2901 W Bay St, Savannah, GA 31408
      View Details
    • $2,750,000
      5,920 SF

      Historic Savannah Multi-Family Residence

      Victorian multi-family property near Forsyth Park with income potential.
      118 E Gaston St, Savannah, GA 31401
      View Details
    • $1,399,000
      3,506 SF

      Savannah Multifamily Investment Opportunity

      Income-producing multifamily property in downtown Savannah with value-add potential.
      521 W 37Th St, Savannah, GA 31415
      View Details
    • $1,500,000
      3,903 SF

      Savannah Historic District Income Property

      Income-producing property in Savannah's Historic District with short-term rental permits.
      540 E Taylor St, Savannah, GA 31401
      View Details
    • $1,050,000
      2,928 SF

      Restored Victorian Duplex with STVR

      Historic Savannah duplex near Forsyth Park, generating $100,000 annual income.
      407 W 35Th St, Savannah, GA 31401
      View Details
    • $1,075,000
      3,800 SF

      Savannah Multifamily Income Opportunity

      Three-unit property with STVR potential and strong rental history.
      1718 Barnard St, Savannah, GA 31401
      View Details
    • $575,000
      2,588 SF

      Parkside Savannah Multifamily Investment Opportunity

      Four income-producing units in Savannah's vibrant Parkside neighborhood.
      1410 E 51St St, Savannah, GA 31404
      View Details
    • $895,000
      2,472 SF

      Updated Savannah Property with Carriage

      Updated 4-bed main house plus 1-bed carriage house.
      743 E 40Th St, Savannah, GA 31401
      View Details

    FAQs

    What type of property is this?
    Retail space - Freestanding 1,740 SF commercial building with high visibility.
    Where is this retail space located?
    The property is located at 3021 E Victory Dr Savannah, GA.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - High Visibility: 100 FT of Frontage on Heavily Traveled E Victory Drive ensures exceptional visibility and signage exposure.; - Flexible Zoning & Permitting: Located in the Town of Thunderbolt, offering ease of approvals and flexibility for various commercial uses.; - Accessibility: Immediate proximity to Truman Parkway provides quick access to Downtown, Midtown, and surrounding areas.
    (912) 472-4413
    Request Owner's contact information
    3021 E Victory Dr Savannah, GA 31404
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3021 E Victory Dr
    Savannah, GA 31404
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3021 E Victory Dr Savannah, GA 31404
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jennifer L. Rutherford
    Real Estate License ID: 343627
    (912) 472-4413 (912) 414-7155 (912) 388-2828
    Learn more
    Google sign-in failed. Please try again or use another login method.