Second-Floor Office
For Sale
$169,900
785 King George Boulevard Unit 103, Savannah, GA 31419
Configured with private offices, a reception area, and kitchenette within an established office park.
Property Size993 SF
Price / SF$171.10
Days on Market63
Property Features for 785 King George Boulevard Unit 103
General Information
Standard status
Active
Size
993 SF
Additional Details
Floor
2
Highway Access
Yes
Building Details
Year Built
2005
Listing Agency:
RE/MAX Accent
Listed By:
Cecilia Bird · License #229947
(912) 604-1967
Source:
Patrickrealestate
Added: Aug 15
Changed: Oct 3
Last Checked: Oct 7 at 1:57PM
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 RE/MAX Accent
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Investment Insights
Based on property information with market context.
This 993-square-foot office unit is located on the second floor of Georgetown Office Park. The layout includes three private offices, a reception area, and a kitchenette, providing a defined setup for professional operations. Built in 2005, the property offers an established commercial setting with on-site parking.
The office is positioned at 785 King George Boulevard, Unit 103, in Savannah. Access to downtown Savannah, the Southside, Highway 17, and Interstate 95 supports convenient arrival for staff and visitors. The combination of individual offices, customer-facing reception space, and shared parking creates a practical configuration for an office user.
The office is positioned at 785 King George Boulevard, Unit 103, in Savannah. Access to downtown Savannah, the Southside, Highway 17, and Interstate 95 supports convenient arrival for staff and visitors. The combination of individual offices, customer-facing reception space, and shared parking creates a practical configuration for an office user.
Key Highlights
- 993 SF second‑floor office unit
- Three private offices plus reception area
- Kitchenette included in the suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,805
Cap Rate
8.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$276,100
$276.1K
Cap Rate 7%
$197,214
$197.2K
Cap Rate 9%
$153,389
$153.4K
Market Conditions
NOI Build-Up for 993 SF
Gross rent
$22.0K $22.20/SF
− Vacancy
−$3.6K −$3.66/SF
EGI
$18.4K $18.54/SF
− OpEx
−$4.6K −$4.63/SF
NOI
$13.8K $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%
$276,100
Cap Rate 7%
$197,214
Cap Rate 9%
$153,389
Alternative Uses
Best Use
Office B
$197.2K
$172.6K – $230.1K
NOI $13,805 @ 7.0% cap · market cap 8.13%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$928.0K
$812.0K – $1.08M
NOI $64,962 @ 7.0% cap · market cap 38.24%
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
266
Businesses Nearby
Explore this area
Business Placement
Demographics for 31419, GA
55,413
Population
24,862
Households
2.2
Avg Household Size
35
Median Age
34%
College-Educated
91%
High-School Grad
72.9 sq mi
ZIP Area
760
Density / Sq Mi
$70,734
Median Household Income
$35,804
Median Earnings
$1,344
Median Rent
$239,600
Median Home Value
Market
Vacancy Rate% for Office in Savannah, GA
Frequently Asked Questions
What type of property is this?
Office units - Configured with private offices, a reception area, and kitchenette within an established office park.
Where is this office units located?
The property is located at 785 King George Boulevard Unit 103 Savannah, GA.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: 993 SF second‑floor office unit; Three private offices plus reception area; Kitchenette included in the suite
