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    761 Wheaton St Savannah, GA 31401

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    For Sale
    $20,250,000

    Five-story, 110,445 SF building on 6.49 acres leased to Georgia.

    Property size:
    110,445 SF
    Lot size:
    6.49 Acres

    Property Features for 761 Wheaton St

    General Information

    Size
    110,445 SF
    Lot size
    6.49 Acres

    Source: Bull Realty, Inc. - Atlanta Agent Michael Bull

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Savannah Office Building Leased to State

    This five-story building encompasses approximately 110,445 square feet and is situated on approximately 6.49 acres in Savannah, Georgia. Developed in 2004 for The Georgia Department of Children and Family Services, the property was initially leased for 15 years. The lease was renewed in 2019 for 20 years, with 14 years remaining. The tenant may remain longer due to a property tax exemption structure resulting in below-market rent. The Georgia Division of Family and Children Services (DFCS) provides support services and programs for citizens of Savannah and Chatham County, including ensuring child safety, finding foster and adoptive homes, assisting out-of-work parents, and administering SNAP, Medicaid, and TNAF assistance programs. The building is located in a high-growth metro area with a strong economy, tourism, and population expansion.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chatham County DFCS County Government Office Savannah/Chatham CASA Social Services Organization Homeless Authority Homeless Service Child Abuse & Neglect Social Services Organization

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Law Firm Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.0832148
    Latitude
    32.0697943

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    FAQs

    What type of property is this?
    Office building - Five-story, 110,445 SF building on 6.49 acres leased to Georgia.
    Where is this office building located?
    The property is located at 761 Wheaton St Savannah, GA.
    What is the asking price?
    The asking price for this property is $20,250,000.
    What are key features of this property?
    This property features: - 14-year lease to the State of Georgia (Georgia Department of Children and Family Services).; - ±110,445 SF building on ±6.49 acres in Savannah, Georgia.; - Lease renewed in 2019 for 20 years, indicating tenant satisfaction.
    (404) 876-1640
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    761 Wheaton St Savannah, GA 31401
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    Savannah, GA 31401
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    Realmo Value Estimation

    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

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    Cap approach

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    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.

    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
    761 Wheaton St Savannah, GA 31401
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