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Freestanding Medical Office
For Sale
$535,000

11706 Mercy Blvd, Savannah, GA 31419

Freestanding medical office currently set up with medical/dental amenities.

Property Size1,730 SF
Price / SF$309.25
Days on Market137

Property Features for 11706 Mercy Blvd

General Information

Standard status Active
Size 1,730 SF
Listing Agency: Parker Scott Properties
Listed By: John Blair Southerland · License #403553
Source: Exprealty
Added: Mar 20 Changed: Jul 26 Last Checked: Jul 31 at 12:50PM

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 Parker Scott Properties

Investment Insights

Based on property information with market context.

This freestanding medical office was formerly used as a dental office and includes existing medical/dental amenities in place. The property is suited for professional medical use given its prior configuration and ready-to-occupy setup.

Positioned in a desirable area across from St. Joseph's Hospital, the location supports visibility and convenient access for patients and staff.

As a dedicated standalone office building, it offers an established medical/dental use profile with the amenities already in place.

Key Highlights

  • Freestanding medical office formerly serving as a dental office
  • Currently set up with medical/dental amenities in place
  • Located across from St. Joseph's Hospital

Financial Insights For Office B

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 $38.4k $22.20
− Vacancy −$6.3k −$3.66
EGI $32.1k $18.54
− OpEx −$8.0k −$4.63
NOI $24.1k $13.90
1,730 SF · lease $22.20/SF/yr · vacancy 16.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$343.6K
$300.7K – $400.9K (±1% cap)
NOI $24,052 @ 7.0% cap · market cap 4.50%
Second Best
Healthcare Medical
$314.0K
$274.8K – $366.4K (±1% cap)
NOI $21,982 @ 7.0% cap · market cap 4.11%
Theoretical Best
Warehouse
$1.62M
$1.41M – $1.89M (±1% cap)
NOI $113,176 @ 7.0% cap · market cap 21.15%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Christin Runkel Physician Wixon Christopher MD Physician Walls Christopher MD Physician Nelson Kirstin MD Physician Christen Standiford Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply HVAC Service Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

724
Businesses Nearby
Balanced
Demand for This Use

Demographics for 31419, GA

55,413
Population
24,862
Households
2.2
Avg Household Size
35
Median Age
34%
College-Educated
91%
High-School Grad
72.9 sq mi
ZIP Area
760
Density / Sq Mi
$70,734
Median Household Income
$35,804
Median Earnings
$1,344
Median Rent
$239,600
Median Home Value

Market

Vacancy Rate% for Office in Savannah, GA

13.1% 2019
9.9% 2020
8.7% 2021
8.4% 2022
4.3% 2023
4.9% 2024
3.1% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Medical Office Space - Freestanding medical office currently set up with medical/dental amenities.
Where is this medical office space located?
The property is located at 11706 Mercy Blvd Savannah, GA.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Freestanding medical office formerly serving as a dental office; Currently set up with medical/dental amenities in place; Located across from St. Joseph's Hospital
More about this property
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