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Versatile Office and Retail Building
For Sale
$420,000
Pending

4809 Augusta Road, Savannah, GA 31408

SINGLE_FAMILY - Savannah, GA

Property Size2,592 SF
Lot Size0.19 Acres
Days on Market718

Property Features for 4809 Augusta Road

General Information

Property type Residential
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: Jul 8 Last Checked: Jul 30 at 12:06PM
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.

Investment Insights

Based on property information with market context.

Commercial building for sale at 4809 Augusta Road, Savannah, GA 31408, offering a versatile setup for office and retail uses. The property comprises 2,592 square feet on a 0.19-acre lot and is positioned for businesses that need adaptable indoor space for day-to-day operations.

The building is located on Hwy 21 in Garden City, providing visibility and accessibility for customers and clients traveling by road. The listing zoning designation is RIN, which should be reviewed for specific permitted uses and tenant requirements.

With space that can support either office or retail functions, this property may fit owner-users or investors looking for a single location to accommodate a business operation with flexible presentation needs. As with any CRE offering, prospective buyers should confirm zoning allowances and intended occupancy plans with local authorities before proceeding.

Key Highlights

  • Commercial building built in 1984 with brick construction
  • Utilities include public water and public sewer
  • Central air conditioning with central and electric heating

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 $57.5k $22.20
− Vacancy −$9.5k −$3.66
EGI $48.0k $18.54
− OpEx −$12.0k −$4.63
NOI $36.0k $13.90
2,592 SF · lease $22.20/SF/yr · vacancy 16.50% · expense 25.00%

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.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Bakery 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.

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

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.

Frequently Asked Questions

What type of property is this?
Office building - For sale commercial building with flexible office and retail use on Hwy 21 in Garden City.
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: Commercial building built in 1984 with brick construction; Utilities include public water and public sewer; Central air conditioning with central and electric heating
More about this property
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