Signalized Corner Gas Station &
For Sale
$4,100,000
4 Park Of Commerce Way, Savannah, GA 31405
Fully operating Shell-branded gas station and convenience store on a high-visibility signalized corner near Interstate 16.
Property Size2,664 SF
Price / SF$1,539
Days on Market168
Property Features for 4 Park Of Commerce Way
General Information
Standard status
Active
Size
2,664 SF
Site & Location
Traffic Count
67,300 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Listing Agency:
eXp Realty LLC
(888) 959-9461
Listed By:
Milap Patel · License #369691
(607) 220-7979
Source:
Exprealty
Added: May 8
Changed: Oct 13
Last Checked: Oct 20 at 11:53PM
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 eXp Realty LLC
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Investment Insights
Based on property information with market context.
This offering includes both the real estate and a fully operating Shell-branded gas station and convenience store. The property is positioned as a high-visibility signalized corner with multiple access points, supporting active retail performance from day-to-day operations.
Located at 4 Park of Commerce Way in Savannah, GA 31405, the site benefits from proximity to Interstate 16, with 67,300 VPD noted in the marketing materials. The surrounding area is described as a dense retail and automotive hub, including six dealerships within one mile, alongside daytime population tied to industrial and port-related employment.
Located at 4 Park of Commerce Way in Savannah, GA 31405, the site benefits from proximity to Interstate 16, with 67,300 VPD noted in the marketing materials. The surrounding area is described as a dense retail and automotive hub, including six dealerships within one mile, alongside daytime population tied to industrial and port-related employment.
Key Highlights
- Fully operating Shell‑branded gas station and convenience store
- High‑visibility signalized corner with multiple access points
- Near Interstate 16 with 67,300 VPD
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$143,523
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,870,460
$2.9M
Cap Rate 7%
$2,050,329
$2.1M
Cap Rate 9%
$1,594,700
$1.6M
Market Conditions
NOI Build-Up for 2,664 SF
Gross rent
$232.7K $87.36/SF
− Vacancy
−$27.7K −$10.40/SF
EGI
$205.0K $76.96/SF
− OpEx
−$61.5K −$23.09/SF
NOI
$143.5K $53.87/SF
Area
Savannah, GA
Vacancy
11.90%
Lease Rate
$87.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,870,460
Cap Rate 7%
$2,050,329
Cap Rate 9%
$1,594,700
Alternative Uses
Best Use
Industrial
$2.05M
$1.79M – $2.39M
NOI $143,523 @ 7.0% cap · market cap 3.50%
Second Best
Specialty Retail
$534.1K
$467.3K – $623.1K
NOI $37,385 @ 7.0% cap · market cap 0.91%
Theoretical Best
Warehouse
$2.49M
$2.18M – $2.90M
NOI $174,278 @ 7.0% cap · market cap 4.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
67,300 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
27k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Home Improvements & Furnishings 30%
Hotels & Casinos 10%
Dining 7%
Shell
Shops & Services
6,598 visits/mo
0.1 miles
Grainger
Home Improvements & Furnishings
6,402 visits/mo
0.5 miles
Chatham Parkway Toyota
Shops & Services
5,489 visits/mo
0.0 miles
Holiday Inn Express & Suites
Hotels & Casinos
2,738 visits/mo
0.1 miles
Larry's Giant Subs
Dining
1,980 visits/mo
0.1 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Gas station - Fully operating Shell-branded gas station and convenience store on a high-visibility signalized corner near Interstate 16.
Where is this gas station located?
The property is located at 4 Park Of Commerce Way Savannah, GA.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: Fully operating Shell‑branded gas station and convenience store; High‑visibility signalized corner with multiple access points; Near Interstate 16 with 67,300 VPD
