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Fenced Brick Office Building
For Sale
$420,000
Pending

4809 Augusta Road, Savannah, GA 31408

Commercial Sale, Savannah, GA

Property Size2,592 SF
Lot Size0.19 Acres
Days on Market796

Property Features for 4809 Augusta Road

General Information

Property type Commercial Sale
Property subtype Office
Zoning RIN
Zoning description Commercial
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Exterior features Fence
Fencing Fenced
Appliances Electric Water Heater
Directions From I-95 Exit 109 head east into Garden City 5.85 miles and the two story brick building on the right.
Standard status Pending
APN 6001303017
Size 2,592 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description Commercial Property
Tax Annual Amount 4908
Legal Description Commercial Property

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 1984
Floors in Building 2
Flooring type Vinyl
Building materials Brick
Listing Agency: eXp Realty LLC
Listed By: Jason E. Bragg · License #442299
Added: Aug 12, 2024 Changed: Sep 12 Last Checked: Oct 16 at 10:06PM
MLS# SA317068

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.

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Investment Insights

Based on property information with market context.

Built in 1984, this 2,592-square-foot brick commercial building occupies a 0.19-acre fenced parcel. The interior includes vinyl flooring and a bathroom, with central electric heating and central air conditioning. The property is classified as an office building and is described as suitable for either office or retail use.

Located on Augusta Road in Savannah, the property has public water and public sewer service. RIN zoning is identified for the site, and an electric water heater is included. The building’s compact footprint and established construction provide a straightforward commercial setting for a range of business operations supported by the existing layout.

Key Highlights

  • 2,592 SF office building on a 0.19‑acre parcel
  • Brick construction completed in 1984
  • Fenced site with vinyl flooring

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,036
Cap Rate
8.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$720,720 $720.7K
Cap Rate 7%
$514,800 $514.8K
Cap Rate 9%
$400,400 $400.4K
Market Conditions
NOI Build-Up for 2,592 SF
Gross rent
$57.5K $22.20/SF
− Vacancy
−$9.5K −$3.66/SF
EGI
$48.0K $18.54/SF
− OpEx
−$12.0K −$4.63/SF
NOI
$36.0K $13.90/SF
Area
Savannah, GA
Vacancy
16.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$720,720
Cap Rate 7%
$514,800
Cap Rate 9%
$400,400

Alternative Uses

Best Use
Office B
$514.8K
$450.5K – $600.6K (±1% cap)
NOI $36,036 @ 7.0% cap · market cap 8.58%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.42M
$2.12M – $2.83M (±1% cap)
NOI $169,567 @ 7.0% cap · market cap 40.37%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Bakery (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Electrical Service

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

345
Businesses Nearby

Demographics for 31408, GA

11,790
Population
4,529
Households
2.6
Avg Household Size
36
Median Age
13%
College-Educated
82%
High-School Grad
21.1 sq mi
ZIP Area
559
Density / Sq Mi
$40,109
Median Household Income
$30,667
Median Earnings
$1,080
Median Rent
$160,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office building - Commercial building with office or retail flexibility, central HVAC, public utilities, and a fenced site.
Where is this office building located?
The property is located at 4809 Augusta Road Savannah, GA.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: 2,592 SF office building on a 0.19‑acre parcel; Brick construction completed in 1984; Fenced site with vinyl flooring
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