& I-16 Little Neck Rd Savannah, GA 31302
This exceptional investment opportunity presents two commercial land parcels totaling approximately 3.05 acres, ideally situated at the intersection of I-16 and Little Neck Road in Bloomingdale, Georgia (Chatham County, zip code 31302). Each parcel encompasses roughly 1.526 acres and is zoned Planned Unit Development (PUD), offering flexibility for a variety of commercial uses. The property boasts significant frontage, visibility, and exposure on I-16, a major thoroughfare. All off-site work is complete, including a common detention system maximizing usable acreage, a paved interior road, and established city water and sewer infrastructure. Access is provided via Little Neck Road and D.O.T. Barn Road. The location benefits from proximity to existing businesses such as Shell Gas, Dairy Queen, and Stop N Stor. Furthermore, the property's adjacency to the 4,500-acre New Hampstead PUD, a master-planned community projected to include 10,000 homes upon completion, ensures substantial future growth and development potential. The site's strategic location is further enhanced by its proximity to key transportation arteries: 3 miles west of the I-16/Pooler Parkway interchange, 5 miles from I-16/I-95, and only 12.5 miles from Historic Downtown Savannah. The future extension of Jimmy Deloach Parkway, currently under construction, will further improve accessibility and connectivity. The asking price is $1,526,000, with a land value of $1,000,000 per acre (APN: 8-1039-01-026).
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.