104 Tibet Avenue Savannah, GA 31406
New
104 Tibet Avenue, Savannah, GA, 31406
$699,000
For Sale
$699,000
SINGLE_FAMILY - Savannah, GA
Property Size2,758 SF
Lot Size0.29 Acres
Price / SF$253.44
Days on Market2
Property Features for 104 Tibet Avenue
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- BC
- Parking
- 16
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- 2064602037
- Size
- 2,758 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PT OF LOT A OF LOT 13 SHANGRI LA SUB
- Tax Annual Amount
- 6064
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1971
- Floors in Building
- 1
- Flooring type
- Concrete, Tile
- Building materials
- Brick
Listing agency
Century 21 Solomon Properties
(912) 786-5466
Listed by
Joel Solomon · License #349031
(912) 604-0896
Added: Jul 21 Checked: Jul 22 at 11:06AM
MLS# SA360912
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.
Key Highlights
- Commercial property with BC (Community Business) zoning in Savannah
- Brick construction with concrete and tile flooring
- Central air cooling and central electric heating
Local 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 | $48.0k | $17.40 |
| − Vacancy | −$3.3k | −$1.18 |
| EGI | $44.7k | $16.22 |
| − OpEx | −$13.4k | −$4.87 |
| NOI | $31.3k | $11.35 |
2,758 SF · lease $17.40/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$447.3K
$391.4K – $521.8K
NOI $31,308 @ 7.0% cap · market cap 4.48%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.58M
$2.26M – $3.01M
NOI $180,427 @ 7.0% cap · market cap 25.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
Where is this storefront property located?
The property is located at 104 Tibet Avenue Savannah, GA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Commercial property with BC (Community Business) zoning in Savannah; Brick construction with concrete and tile flooring; Central air cooling and central electric heating
