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Approved Development Project in Savannah

5103 Garrard Ave, Savannah, GA 31405

For Sale
$2,100,000

Approved development project for 75 units in Savannah, GA.

Property SizeContact for details
Days on Market701

Property Features for 5103 Garrard Ave

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $1,636
Listing Agency: Parker Scott Properties
Listed By: Michelle Parker · License GA #276851
Source: Exprealty
Added: Dec 9, 2024 Changed: Nov 5 Last Checked: Nov 8 at 6:21AM

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 Parker Scott Properties

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Investment Insights

Based on property information with market context.

This property features an approved development project for a total of 75 units. The project consists of 33 apartment units across two buildings, identified as the North and South buildings. The North Building includes a ground-floor fitness center and a rooftop amenity space with both indoor and outdoor areas suitable for coffee, work, and socializing. The rooftop area is designed to be a versatile space for both relaxation and community activities, accommodating day-to-night use. Surface lots surrounding the buildings provide convenient parking. Additional outdoor amenities include cookout areas and play spaces for residents. The townhouses are designed in pairs, each featuring a garden-level one-bedroom, one-bathroom flat that can serve as a living space or flexible work area. Above each flat is a spacious three-bedroom townhouse with a two-car garage in the rear. Each townhouse also includes a separate carriage house studio apartment above the garage, accessible via a private lane with parallel parking.

Key Highlights

  • Approved development project for 75 units.
  • North building features a ground‑floor fitness center and rooftop amenity space with indoor/outdoor areas.
  • Townhouses include garden‑level 1BR/1BA flats suitable for living or work.

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy HVAC Service Gym & Fitness Center Skin Care Clinic

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

173
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Approved development project for 75 units in Savannah, GA.
Where is this residential land & home lot located?
The property is located at 5103 Garrard Ave Savannah, GA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Approved development project for 75 units.; North building features a ground‑floor fitness center and rooftop amenity space with indoor/outdoor areas.; Townhouses include garden‑level 1BR/1BA flats suitable for living or work.
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