Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    103 Prosperity Dr Savannah, GA 31408

    Sponsored
    For Sale
    $1,600,000

    Prime 2.98-acre commercial/industrial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.98-acre commercial and industrial lot, situated at 103 Prosperity Drive in Savannah, Georgia, presents a compelling investment opportunity. Located in Chatham County, zip code 31408, this property boasts a strategic corner location offering high visibility and accessibility. The site is zoned I-L, Light Industrial, allowing for a variety of potential uses including trailer yards, warehouses, convenience stores, and retail establishments. With approximately 20,000 vehicles traversing Dean Forest Road daily, this location ensures significant traffic exposure. Further enhancing its appeal is the recent installation of a new stoplight and deceleration lane at the intersection, improving ingress and egress. The property's flood zone designation is 'X', indicating minimal flood risk. Its proximity to the Port of Savannah, just 5.3 miles away, provides an added advantage for businesses involved in import/export activities. This property offers significant potential for developers and investors seeking a well-located, versatile parcel in a thriving area. The asking price is $1,600,000.

    Property Features for 103 Prosperity Dr

    General Information

    Property type
    Land
    Lot Size
    129,809 SF

    HighLights

    • $1,600,000 asking price.
    • 2.98‑acre commercial/industrial land parcel.
    • I‑L (Light Industrial) zoning.
    • Located at 103 Prosperity Dr, Savannah, GA 31408.
    • High traffic location (20,000 vehicles/day on Dean Forest Road), near new traffic signal and deceleration lane.
    • Proximity to Port of Savannah (5.3 miles).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.1952028
    Latitude
    32.0769887

    Nearby Similar for Sale

    • $925,000
      2,472 SF

      Updated Home in Baldwin Park

      Updated 1924 home with carriage house in desirable neighborhood.
      743 E 40Th St, Savannah, GA 31401
      View Details
    • New
      $899,900
      0.06 Acres

      Savannah Historic District STVR Opportunity

      Historic Savannah property with short-term rental potential near downtown.
      209 E Duffy St E, Savannah, GA 31401
      View Details
    • $899,900
      0.06 Acres

      Savannah Duplex in Victorian District

      Income-producing duplex near Forsyth Park, SCAD, and downtown Savannah.
      209 E Duffy St, Savannah, GA 31401
      View Details
    • $10,000,000
      10,092 SF

      Savannah Cotton Exchange Historic Landmark

      Iconic 10,092 SF building in Savannah's Historic Landmark District.
      100 E Bay St, Savannah, GA 31401
      View Details
    • $537,000
      2,004 SF

      Renovated Savannah Home with Cottage

      Renovated home with rental cottage near downtown and beach.
      856 E 35Th St, Savannah, GA 31401
      View Details
    • $650,000
      2,952 SF

      Commercial and Residential Package Opportunity

      Live-work property near Skidaway Road and Victory Drive intersection.
      2203 Skidaway Rd, Savannah, GA 31404
      View Details
    • $650,000
      2,952 SF

      Savannah Mixed-Use Investment Opportunity

      Commercial building and residential cottage near high-traffic area.
      2203 Skidaway Rd, Savannah, GA 31404
      View Details
    • $1,400,000
      6,895 SF

      Victorian Mixed-Use Property Near Forsyth

      Historic Savannah property with mixed-use zoning and development potential.
      808 Drayton St, Savannah, GA 31401
      View Details
    • $1,400,000
      0.12 Acres

      Victorian Mixed-Use Property Near Forsyth

      Historic Savannah property with mixed-use zoning and income potential.
      808 Drayton St, Savannah, GA 31401
      View Details
    • $3,500,000
      3,252 SF

      New Car Wash Business Opportunity

      Turnkey car wash business with real estate in Savannah, Georgia.
      5440 Augusta Rd, Savannah, GA 31408
      View Details
    • $1,848,000
      6,900 SF

      Savannah Retail/Office Building For Sale

      One-story retail/office building with solid leases in place.
      906 E 72Nd St, Savannah, GA 31405
      View Details
    • $250,000
      0.09 Acres

      Savannah Multi-Unit Investment Opportunity

      Duplex and triplex near Savannah's shopping, dining, and schools.
      1610 Ogeechee Rd, Savannah, GA 31415
      View Details

    FAQs

    What type of property is this?
    Land - Prime 2.98-acre commercial/industrial lot.
    Where is this land located?
    The property is located at 103 Prosperity Dr Savannah, GA.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: $1,600,000 asking price.; 2.98-acre commercial/industrial land parcel.; I-L (Light Industrial) zoning.
    Request Owner's contact information
    103 Prosperity Dr Savannah, GA 31408
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    103 Prosperity Dr
    Savannah, GA 31408
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    103 Prosperity Dr Savannah, GA 31408
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.