Professional Office
For Sale
$160,999
7505 Waters Avenue F4, Savannah, GA 31406
Convenient access for tenants and clients with on-site parking and nearby retail, dining, and professional services.
Property Size817 SF
Price / SF$197.06
Days on Market85
Property Features for 7505 Waters Avenue F4
General Information
Standard status
Active
Size
817 SF
Additional Details
Highway Access
Yes
Building Details
Year Built
1985
Listing Agency:
Realty One Group Inclusion
Listed By:
Susan Ross · License #410013
(912) 713-3956
Source:
Patrickrealestate
Added: Jul 31
Changed: Oct 4
Last Checked: Oct 7 at 4:20PM
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 Realty One Group Inclusion
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office unit is located at 7505 Waters Avenue B 10 in Savannah, Georgia. Constructed in 1985, the property includes on-site parking intended to accommodate both tenants and clients.
The property offers access to major highways and is positioned among professional service businesses, retail shops, and dining options, providing a range of nearby conveniences for daily office operations.
The property offers access to major highways and is positioned among professional service businesses, retail shops, and dining options, providing a range of nearby conveniences for daily office operations.
Key Highlights
- On‑site parking serves tenants and clients
- Access to major highways
- Surrounded by professional services, retail shops, and dining options
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,359
Cap Rate
7.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$227,180
$227.2K
Cap Rate 7%
$162,271
$162.3K
Cap Rate 9%
$126,211
$126.2K
Market Conditions
NOI Build-Up for 817 SF
Gross rent
$18.1K $22.20/SF
− Vacancy
−$3.0K −$3.66/SF
EGI
$15.1K $18.54/SF
− OpEx
−$3.8K −$4.63/SF
NOI
$11.4K $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%
$227,180
Cap Rate 7%
$162,271
Cap Rate 9%
$126,211
Alternative Uses
Best Use
Office B
$162.3K
$142.0K – $189.3K
NOI $11,359 @ 7.0% cap · market cap 7.06%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$763.5K
$668.1K – $890.8K
NOI $53,448 @ 7.0% cap · market cap 33.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
488
Businesses Nearby
Explore this area
Business Placement
Demographics for 31406, GA
34,579
Population
15,424
Households
2.2
Avg Household Size
39
Median Age
37%
College-Educated
93%
High-School Grad
26.2 sq mi
ZIP Area
1,320
Density / Sq Mi
$66,084
Median Household Income
$41,512
Median Earnings
$1,340
Median Rent
$260,800
Median Home Value
Market
Vacancy Rate% for Office in Savannah, GA
Frequently Asked Questions
What type of property is this?
Office unit - Convenient access for tenants and clients with on-site parking and nearby retail, dining, and professional services.
Where is this office unit located?
The property is located at 7505 Waters Avenue F4 Savannah, GA.
What is the asking price?
The asking price for this property is $160,999.
What are key features of this property?
This property features: On‑site parking serves tenants and clients; Access to major highways; Surrounded by professional services, retail shops, and dining options
