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    916 Rockefeller St Savannah, GA 31401

    For Sale
    $165,000

    0.2-Acre Buildable Lot, Dual Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.2-acre lot in Savannah, Georgia, presents a unique dual-zoning opportunity. Comprising two adjacent parcels – 916 Rockefeller St (0.09 acres, ILT zoning) and 918 Rockefeller St (0.11 acres, RTF zoning) – this property offers unparalleled flexibility for developers. The ILT zoning allows for light industrial uses, while the RTF zoning permits the construction of single-family or two-family residential buildings. This versatility makes it ideal for a range of projects, from single-family homes to mixed-use developments. Located in Chatham County, with a 31401 zip code, the property boasts a prime location near schools, shopping centers, and essential amenities, ensuring high convenience and potential for strong rental income or resale value. The combined lot size provides ample space for construction, and its proximity to city-owned ILT-zoned parcels opens up further development possibilities. The asking price is $165,000. This is a truly exceptional investment opportunity in a thriving Savannah location, offering significant potential for growth and return. The property's APN is 20034 08015 | 20034 08016.

    Property Features for 916 Rockefeller St

    General Information

    Property type
    Land
    Lot Size
    8,712 SF

    HighLights

    • Prime Savannah, GA location near schools, shopping, and amenities.
    • Flexible zoning allows for single‑family, multi‑family, or commercial development.
    • 0.20‑acre combined lot size (8,700 sq ft).
    • Adjacent city‑owned ILT‑zoned lots offer potential expansion opportunities.
    • Includes two parcels: 0.09‑acre ILT‑zoned lot at 916 Rockefeller St. and 0.11‑acre RTF‑zoned lot at 918 Rockefeller St.
    • High development potential with versatile uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.0808875
    Latitude
    32.0660127

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    FAQs

    What type of property is this?
    Land - 0.2-Acre Buildable Lot, Dual Zoning
    Where is this land located?
    The property is located at 916 Rockefeller St Savannah, GA.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: Prime Savannah, GA location near schools, shopping, and amenities.; Flexible zoning allows for single-family, multi-family, or commercial development.; 0.20-acre combined lot size (8,700 sq ft).
    Request Owner's contact information
    916 Rockefeller St Savannah, GA 31401
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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
    916 Rockefeller St Savannah, GA 31401
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