Technical
Financial
Distress signals
Property profile

49 Park Of Commerce Way Savannah, GA 31405

OFF-MARKET
Office buildings
Property ID
US22-1337461
1,288 SF 0.03 ac lot Built 1998
Entity Owned 13-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,307 square foot office space is located at 49 Park of Commerce Way #203 in Savannah, Georgia, 31405. Situated in a single-story, 5,152 square foot Class B building constructed in 2003, this ground-level suite offers convenient access and ample parking. The building features a coded entry and intercom system for enhanced security. The interior boasts a well-designed layout including a reception area, three private offices, a conference room, flexible workspace, a kitchenette, and one restroom. High ceilings add to the spacious feel. Covered walkways provide protection from the elements. The property offers 40 total parking spaces for tenants and visitors. This prime location off Chatham Parkway and I-16 provides easy access to major thoroughfares, including I-95, GA Hwy 80, and Hwy 17, ensuring convenient commutes throughout Savannah. The surrounding area offers a diverse mix of retail establishments, including major automotive dealerships (Lexus, Toyota, Acura, Kia, Chrysler, Jeep), professional services (Thomas and Hutton Engineering, New York Life, Ferguson Bath, Pace Lighting, Comcast), and other office buildings (Chatham Center, Southern Oaks). A variety of restaurants and healthcare facilities are also nearby, creating a vibrant and convenient business environment. This is a fantastic opportunity for a business seeking a well-appointed and strategically located office space in Savannah.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1998
Total area 1,288 SF
Lot 0.03 ac (1,289 SF)
Zoning code PUDB
APN 2-0832 -01-021
UPID US22-1337461

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Tech Support Center IT Consulting Firm
  • IT Consulting Firm (Bike/Boat/Book/etc) Store
  • Real Estate Agency
  • Real Estate Agency
  • Physician

Location

49 Park Of Commerce Way Savannah, GA 31405-1390
Savannah metro Census 10504 SAVANNAH, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$195k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$195k

Owner & transaction history

since 2013
2 recorded transactions
2013
Price N/A
2013
Price N/A

Zoning & alternative use

PUDB · Savannah, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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