3912 Waters Avenue, Savannah, GA 31405
SINGLE_FAMILY - Savannah, GA
- Added:
- Apr 28, 2026
- Days on Market:
- 50
- Last Refresh:
- Jun 16 at 8:06 pm
Property Features for 3912 Waters Avenue
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- BN
- Bedrooms
- 1
- Bathrooms
- 1
- Rooms
- Bathroom 1, Bedroom 1
- Parking
- 5
- Fencing
- Chain Link
- Standard status
- Active Under Contract
- APN
- 2009722012
- Size
- 1,868 SF
- Lot size
- 0.36 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LTS 6 8 2 4 BLK D WEST WD WILKIN S WD SACKVILLE SUB
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1956
- Floors in Building
- 1
- Building materials
- Brick
Listing agent Kim L. Iocovozzi License #121211 (912) 844-3261
Listing office Keller Williams Coastal Area P 329 Commercial Dr., Suite 100, Savannah, GA (912) 356-5001
Listing date Apr 28, 2026
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
- NFA letter from Georgia provides environmental clearance.
- Zoned TC‑2, ideal for commercial or residential development.
- Conveniently located near Memorial Hospital.
- Phase 1 & 2 environmental studies are complete.
- Features durable brick construction.
- Public water and sewer connections available.
Overview
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 | $32.5k | $17.40 |
| − Vacancy | −$2.2k | −$1.18 |
| EGI | $30.3k | $16.22 |
| − OpEx | −$9.1k | −$4.87 |
| NOI | $21.2k | $11.35 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- SameDay-FlowerDelivery — 4700 waters ave, savannah, ga 31404
Location Insight
- Map
- Local Demand
- City
- Savannah
- County
- Chatham
- State
- Georgia
- Longitude
- -81.08928
- Latitude
- 32.037802
