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    Office Space in Midtown Savannah Title is generated by Realmo AI

    340 Eisenhower Drive, Savannah, GA 31406

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    For Lease
    $2,200/Mo $22 SF/Yr (calc)

    COMMERCIAL - Other - Savannah, GA

    Type:Office
    Property size:
    1,200 SF
    Lot size:
    0.04 Acres
    Added:
    May 11, 2026
    Days on Market:
    2
    Last Refresh:
    May 12 at 1:06 am

    Property Features for 340 Eisenhower Drive

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Window features
    Double Pane Windows
    Appliances
    Electric Water Heater
    Standard status
    Active
    APN
    LOT 11 CENTRAL PARK STEPHENSON TRACT
    Size
    1,200 SF
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Description
    SUITE1102CENTRALPARK

    Utilities

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

    Building Details

    Year built
    1996
    Floors in Building
    1
    Building materials
    Brick
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Rich Brown
    Rich Brown

    Listing agent Rich Brown License #262778

    Listing office Pinnacle Realty Solutions LLC 340 Eisehower Dr, Suite 1104, Savannah, GA

    Listing date May 11, 2026

    MLS# SA355839

    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

    • Prime midtown location offers exceptional convenience.
    • Functional layout includes a reception area, 3 offices, conference room, half bath, and kitchenette.
    • New laminate flooring enhances the interior appeal.
    • Option to combine with adjacent Suite 1101 for expanded space: 2 reception areas, 8 offices, 1 conference room, 1 full bath, 2 half baths and 2 kitchenettes.
    • Handicap ramp provides accessibility.
    • Central electric heating and cooling for year‑round comfort.

    Overview

    This commercial space is located in a convenient midtown location. The building's exterior includes a handicap ramp for accessibility. The interior features new laminate flooring throughout. The layout includes a reception area, three offices, a conference room, a half bath, and a kitchenette. An adjacent suite, 1101, is also available for rent. Combining both units would provide two reception areas, eight offices, one conference room, one full bath, two half baths, and two kitchenettes. The property occupies a lot of 0.04 acres and has a size of 1200 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Synergy Medical Center ... Medical Clinic St Joseph's Hospital ... Physician Memorial Health University ... Physician Whitney Preston, Tom ... Real Estate Agency Beth A Sheridan, DDS, ... Dental Office

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Dental Office Spa & Massage Center Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.1069187
    Latitude
    32.0092896

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    FAQs

    What type of property is this?
    Office units - Office unit with reception, offices, conference room, and kitchenette.
    Where is this office units located?
    The property is located at 340 Eisenhower Drive Savannah, GA.
    What is the lease rate?
    The lease rate is $2,200 /Mo.
    What are key features of this property?
    This property features: Prime midtown location offers exceptional convenience.; Functional layout includes a reception area, 3 offices, conference room, half bath, and kitchenette.; New laminate flooring enhances the interior appeal.
    (912) 667-2867
    We can help!
    Listing Contact
    Rich Brown
    Rich Brown
    Real Estate License ID: 262778
    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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    340 Eisenhower Drive, Savannah, GA 31406
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