0 62Nd St Savannah, GA 31405
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.
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.