212 Basswood Dr Savannah, GA 31407
This exceptional 1.42-acre commercial lot is situated in Savannah, Georgia's thriving Highlands Park development. Zoned PD, this property boasts excellent visibility and accessibility with frontage on Highlands Boulevard. Its ideal location makes it perfect for a variety of commercial uses, particularly a quick-service restaurant, given the high demand for retail, restaurants, grocery stores, medical facilities, and automotive services in this rapidly expanding area. The lot is strategically positioned near major transportation arteries, including I-95 (one mile), Pooler Parkway (three miles), Highway 30 (one mile), and Highway 21 (2.5 miles). The upcoming Effingham Parkway will further enhance connectivity by providing an alternative route to Highway 21 and I-95. Surrounded by large multi-family communities, this location ensures a substantial customer base. Build-to-suit options are available, and the City of Savannah is the governing body. The asking price is $923,000. This property presents a unique opportunity for investors seeking a high-growth area with strong potential for return. The address is 212 Basswood Dr, Savannah, GA 31407, Chatham County.
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
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No recorded transactions found for this property.
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Risks
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