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    4800 Waters Ave Savannah, GA 31404

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    For Sale
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    0.66-acre commercial lot, prime medical district.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.66-acre commercial land parcel is ideally situated in Savannah, Georgia's thriving medical arts district, at 4800 Waters Avenue. Located in Chatham County, across from the 600+ bed Memorial Health University Medical Center – the only Level 1 trauma center in southeast Georgia and the state's 6th busiest hospital – this property offers unparalleled visibility and access to a dense concentration of medical services. Within a half-mile radius, there are nearly 1,100 hospital beds, creating a high-traffic area with significant potential for retail, restaurant, or medical-related businesses. The site boasts all utilities and is available for sale or build-to-suit opportunities, allowing for flexibility in development plans. Its C-3 zoning provides a range of development options. The property's prominent location on Waters Avenue also presents excellent signage opportunities for increased brand visibility. This is a rare chance to acquire a strategically positioned asset in a high-demand area with lasting value. The APN is 20105 09001.

    Property Features for 4800 Waters Ave

    General Information

    Property type
    Land
    Lot Size
    28,750 SF

    HighLights

    • 0.66‑acre commercial lot in Savannah, GA's medical district.
    • All utilities available on‑site.
    • Sale or build‑to‑suit options available.
    • Suitable for retail, restaurant, or medical uses.
    • Prime location near Memorial Health University Medical Center.
    • Excellent signage opportunity on Waters Avenue.
    Property Profile Location Intelligence

    Current Use by Public Records

    Water Damage Restoration ... Carpet Cleaning Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.09299870647
    Latitude
    32.032095287329

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    FAQs

    What type of property is this?
    Land - 0.66-acre commercial lot, prime medical district.
    Where is this land located?
    The property is located at 4800 Waters Ave Savannah, GA.
    What are key features of this property?
    This property features: 0.66-acre commercial lot in Savannah, GA's medical district.; All utilities available on-site.; Sale or build-to-suit options available.
    (912) 358-1166
    Request Owner's contact information
    4800 Waters Ave Savannah, GA 31404
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    Savannah, GA 31404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4800 Waters Ave Savannah, GA 31404
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