143 Shellbark Way Savannah, GA 31407
This exceptional 2.72-acre commercial lot, located at 143 Shellbark Way in Savannah, Georgia (zip code 31407), presents a unique investment opportunity. Zoned PD, this property is situated in the thriving Highlands Park development, offering convenient access to major transportation arteries. It's just one mile from I-95, three miles from Pooler Parkway, one mile from Highway 30, and 2.5 miles from Highway 21. The upcoming Effingham Parkway will further enhance connectivity by providing an alternative route to Benton Blvd, bypassing Highways 21 and I-95. The area boasts a rapidly growing population and a significant demand for retail, restaurants, grocery stores, medical facilities, and automotive services, making this lot exceptionally well-suited for a variety of commercial ventures. Its central location within a densely populated area with numerous multi-family communities makes it particularly attractive for projects such as medical or senior living centers. Build-to-suit options are available. The City of Savannah is the governing body. The asking price is $1,088,000. This property is offered for sale by owner.
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
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.