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Two-Unit Office Property
For Sale
$750,000

911 E 70th Street, Savannah, GA 31405

Commercial Sale, Savannah, GA

Property Size2,256 SF
Lot Size0.18 Acres
Price / SF$332.45
Days on Market51

Property Features for 911 E 70th Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning BG - G
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Parking 12
Appliances Electric Water Heater
Directions from Truman Parkway: take the DeRenne Ave exit, head west, turn right on Waters Ave, then turn left onto E 70th St.
Standard status Active
APN 20114 25010
Size 2,256 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Description LTS 5, 8, BLK R, N KENSINGTON BO UHAN WD
Legal Description LTS 5, 8, BLK R, N KENSINGTON BO UHAN WD

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 1978
Floors in Building 1
Flooring type Carpet
Building materials Stone
Listing Agency: Seabolt Real Estate
Listed By: Amanda Jacobs Hall · License #454897
Added: Sep 9 Changed: Oct 20 Last Checked: Oct 29 at 2:06AM
MLS# SA364301

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.

Rey
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Investment Insights

Based on property information with market context.

This office property contains two units totaling 2,256 square feet on a 0.18-acre site. Built in 1978, the building features stone construction, carpeted flooring, two bathrooms, central heating and cooling, and an electric water heater. Public water and public sewer serve the property, which is zoned BG - G.

The site is positioned near Truman Parkway and Savannah’s medical and midtown districts, providing access to established employment and service areas. On-site parking supports daily office operations, while the two-unit layout can accommodate an owner-user or professional office occupancy.

Key Highlights

  • 2,256 SF office property with two units
  • 0.18‑acre site zoned BG - G
  • On‑site parking included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,365
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$627,300 $627.3K
Cap Rate 7%
$448,071 $448.1K
Cap Rate 9%
$348,500 $348.5K
Market Conditions
NOI Build-Up for 2,256 SF
Gross rent
$50.1K $22.20/SF
− Vacancy
−$8.3K −$3.66/SF
EGI
$41.8K $18.54/SF
− OpEx
−$10.5K −$4.63/SF
NOI
$31.4K $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%
$627,300
Cap Rate 7%
$448,071
Cap Rate 9%
$348,500

Alternative Uses

Best Use
Office B
$448.1K
$392.1K – $522.8K (±1% cap)
NOI $31,365 @ 7.0% cap · market cap 4.18%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.11M
$1.84M – $2.46M (±1% cap)
NOI $147,586 @ 7.0% cap · market cap 19.68%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Ledesma Ernest R Physician Brian Ylisto Physician Martin Healy Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Parking Lot & Garage HVAC 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.

Lease Details

2
Office units

Location Intelligence

Trade Area within ½ mile

2,162
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office unit - Flexible professional workspace with on-site parking and convenient access to Truman Parkway.
Where is this office unit located?
The property is located at 911 E 70th Street Savannah, GA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 2,256 SF office property with two units; 0.18‑acre site zoned BG - G; On‑site parking included
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Includes: Price & PSF · Cap rate · Location · Zoning

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