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    24 Drayton St Savannah, GA 31401

    For Lease
    Contact for pricing

    Prestigious 10-story office space for lease

    Lot size:
    55,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    The Realty Building, located at 24 Drayton Street in Savannah, Georgia, offers exceptional office space in the heart of the Central Business District. This Class B, 55,560 square foot building, constructed in 1921, boasts ten stories and provides stunning views of the city. Its prime location between Johnson and Reynolds Squares places businesses within easy reach of Savannah's most vibrant commercial activity. The building's multiple tenancy structure offers flexibility for businesses of various sizes. The Realty Building is a prominent landmark in Savannah, offering a prestigious address and a professional environment. The property type is categorized as Retail and Office, with subtypes including Traditional Office, Executive Office, Professional, and Retail. This historic building provides a unique opportunity to establish a presence in a thriving downtown location. The building's convenient location on Savannah's main artery ensures high visibility and accessibility for both businesses and clients. Secure your business's future in this iconic Savannah building while space remains available. Chatham County location and zip code 31401.

    Property Features for 24 Drayton St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    55,560 SF
    Class
    B

    Building Details

    Year Built
    1921
    Stories
    10

    Unit(s) available at that property

    Space
    Suite 201
    Size
    2,332 SF
    Space
    Suite 712
    Size
    1,757 SF
    Space
    6th Floor
    Size
    5,800 SF

    HighLights

    • 10‑story, ±55,560 SF Class B office building.
    • Conveniently located between two public parking garages.
    • Prime location between Johnson and Reynolds Squares in Savannah's Central Business District.
    • Abundant nearby restaurants, retailers, and businesses.
    • Panoramic city, river, and bridge views.
    • Iconic historic architecture (built 1921).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    URS Corporation Civil Engineer BT Wealth Management, ... Financial Consultant Attorney David M. ... Attorney W J Yost ... Financial Planner Robert S. Glenn, ... Legal Services

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.0900818
    Latitude
    32.0796559

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    FAQs

    What type of property is this?
    Office space - Prestigious 10-story office space for lease
    Where is this office space located?
    The property is located at 24 Drayton St Savannah, GA.
    What are key features of this property?
    This property features: 10-story, ±55,560 SF Class B office building.; Conveniently located between two public parking garages.; Prime location between Johnson and Reynolds Squares in Savannah's Central Business District.
    Request Owner's contact information
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    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
    24 Drayton St Savannah, GA 31401
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