Starland District Mixed-Use
For Sale
Contact for pricing
112 West Victory Drive, Savannah, GA 31405
6,000 SF mixed-use property in Savannah's Starland District.
Property Size6,000 SF
Price / SF$400
Days on Market72
Property Features for 112 West Victory Drive
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Retail, Office, Mixed Use
Listing Agency:
Seabolt Brokers
Listed By:
Harry Rosen · License #GA 422449
Source:
Crexi
Added: May 26
Changed: Jul 10
Last Checked: Aug 5 at 12:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Seabolt Brokers
Investment Insights
Based on property information with market context.
This mixed-use property offers a ± 6,000 SF footprint in the Starland District. The TC-2 Zoned property includes 19 private parking spaces. Situated on a primary East-West artery, the location benefits from an Annual Average Daily Traffic of 22,000+ vehicles. The property is located directly across from SCAD Victory Village and steps from Victory North, capturing high foot and vehicle traffic counts.
Key Highlights
- ± 6,000 SF footprint in the Starland District
- 19 private parking spaces
- TC‑2 Zoning
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 | $104.4k | $17.40 |
| − Vacancy | −$7.1k | −$1.18 |
| EGI | $97.3k | $16.22 |
| − OpEx | −$29.2k | −$4.87 |
| NOI | $68.1k | $11.35 |
6,000 SF · lease $17.40/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$973.0K
$851.4K – $1.14M
NOI $68,111 @ 7.0% cap · market cap 2.84%
Second Best
Mixed Use
$970.6K
$849.2K – $1.13M
NOI $67,939 @ 7.0% cap · market cap 2.83%
Theoretical Best
Warehouse
$5.61M
$4.91M – $6.54M
NOI $392,517 @ 7.0% cap · market cap 16.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,263
Businesses Nearby
52k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 31%
Beauty & Spa 10%
Electronics 2%
McDonald's
Dining
22,625 visits/mo
0.2 miles
Popeyes Louisiana Kitchen
Dining
7,295 visits/mo
0.1 miles
Chevron
Shops & Services
7,083 visits/mo
0.3 miles
Family Dollar
Shops & Services
6,380 visits/mo
0.3 miles
Sola Salon Studios
Beauty & Spa
5,104 visits/mo
0.2 miles
Demographics for 31405, GA
38,069
Population
16,809
Households
2.3
Avg Household Size
36
Median Age
35%
College-Educated
90%
High-School Grad
31.2 sq mi
ZIP Area
1,220
Density / Sq Mi
$62,123
Median Household Income
$35,836
Median Earnings
$1,431
Median Rent
$304,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - 6,000 SF mixed-use property in Savannah's Starland District.
Where is this mixed-use property located?
The property is located at 112 West Victory Drive Savannah, GA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: ± 6,000 SF footprint in the Starland District; 19 private parking spaces; TC‑2 Zoning
