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    62Nd St Savannah, GA 31405

    For Sale
    $250,000

    Prime Savannah development site, RSF-6 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2.75-acre lot in Savannah, Georgia, presents a remarkable investment opportunity for residential developers. Located in Chatham County, at 62nd St, zip code 31405, this property boasts 1.84 acres of uplands and is zoned RSF-6, permitting single-family residential development. The minimum lot size per home is 6,000 square feet. Its strategic location offers convenient access to downtown Savannah, the islands, and the southside via Truman Parkway. Proximity to major hospitals, such as Memorial and St. Joseph’s/Candler, and premier shopping centers further enhances its appeal. This quiet, family-friendly neighborhood is characterized by limited inventory of buildable acreage, making this a rare opportunity to capitalize on the high demand for quality single-family homes in Savannah. The asking price is $250,000, and the APN is 2010424022. This property offers significant potential for a strong return on investment.

    Property Features for 0 62Nd St

    General Information

    Property type
    Land
    Lot Size
    119,790 SF

    HighLights

    • Prime Savannah location, 15 minutes from downtown.
    • RSF‑6 zoning for single‑family residential development.
    • 2.75‑acre lot, 1.84 acres uplands.
    • Quiet, family‑friendly neighborhood with limited buildable acreage.
    • Convenient Truman Parkway access to downtown, islands, and southside.
    • Near Memorial and St. Joseph's/Candler hospitals.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.082418067744
    Latitude
    32.032805076058

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    FAQs

    What type of property is this?
    Land - Prime Savannah development site, RSF-6 zoning.
    Where is this land located?
    The property is located at 62Nd St Savannah, GA.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Prime Savannah location, 15 minutes from downtown.; RSF-6 zoning for single-family residential development.; 2.75-acre lot, 1.84 acres uplands.
    (912) 433-1072
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    62Nd St Savannah, GA 31405
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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
    62Nd St Savannah, GA 31405
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