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    Apartment buildings

    5127 Ogeechee Rd, Savannah, GA 31405

    5.52 ac lot Built 1900
    Property ID
    Property summary
    AI-generated overview

    This exceptional Class A multifamily investment property, located at 5125-5127 Ogeechee Rd, Savannah, GA 31405, presents a compelling opportunity for commercial development. The property encompasses three parcels totaling 5.52 acres, strategically situated in the heart of Savannah, offering unparalleled access to major transportation arteries. Its proximity to Dean Forest Road and Highway 17 ensures convenient commutes to Downtown Savannah and the nearby I-16 Hyundai EV Plant (just 23 miles away). Built in 1900, this apartment building is zoned A-T, providing flexibility for future development plans. A significant advantage is the property's location in an X Flood Zone, minimizing flood risk and associated insurance complexities. The asking price for this remarkable property is $2,500,000. This presents a rare chance to acquire a substantial land holding in a thriving Georgia city with excellent access to key infrastructure and economic drivers. The property's size and location make it ideal for a variety of commercial development projects. Don't miss this chance to secure a prime piece of Savannah real estate.

    Property profile
    Verified
    Property type Apartment buildings
    Year built 1900
    Lot 5.52 ac (240,451 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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