Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5127 Ogeechee Rd Savannah, GA 31405
    Back to Search
    Property profile & analytics

    5127 Ogeechee Rd Savannah, GA 31405

    View on Map
    • Apartment buildings
    • 5.52 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 5127 Ogeechee Rd

    Year built
    1900
    Lot size
    5.52 lot acres
    Property type
    Apartment buildings

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.195
    Latitude
    32.041

    Comparable in this City

    • Value Estimation by Request
      78.80 Acres

      129 Salt Creek Rd

      Multifamily properties • 78.80 Acres
      129 Salt Creek Rd, Savannah, GA 31405
      View Details
    • Value Estimation by Request
      6.00 Acres

      102 Buckhalter Rd

      MOBILE HOME PARK, TRAILER PARK • 6.00 Acres
      102 Buckhalter Rd, Savannah, GA 31405-6100
      View Details
    • Value Estimation by Request
      0.62 Acres

      2102 Dodge Ave

      MOBILE HOME PARK, TRAILER PARK • 0.62 Acres
      2102 Dodge Ave, Savannah, GA 31405-7301
      View Details
    • Value Estimation
      $3,050,000
      7.59 Acres

      4907 Ogeechee Rd

      MOBILE HOME PARK, TRAILER PARK • 7.59 Acres
      4907 Ogeechee Rd, Savannah, GA 31405-2531
      View Details
    • Value Estimation by Request
      6.83 Acres

      3301 Ogeechee Rd

      MOBILE HOME PARK, TRAILER PARK • 6.83 Acres
      3301 Ogeechee Rd, Savannah, GA 31405-2990
      View Details
    • Value Estimation by Request
      5,308 SF

      4707 Ogeechee Rd

      MOBILE HOME PARK, TRAILER PARK • 5,308 SF
      4707 Ogeechee Rd, Savannah, GA 31405-1211
      View Details

    Similar Nearby for Sale

    • $750,000
      4,752 SF

      Savannah Multifamily Investment Opportunity

      Turnkey 5-unit apartment building with strong rental history and cash flow.
      9 Hampstead Ave, Savannah, GA 31405
      View Details
    • $550,000
      Pending

      Savannah Multifamily Investment Opportunity

      Six-unit multifamily property near Ardsley Park, Savannah.
      4906 Bull St, Savannah, GA 31405
      View Details
    • New
      $720,000
      Pending

      Ardsley Park Duplex on Corner Lot

      Savannah duplex with rental income potential in prime location.
      201 E 49Th St, Savannah, GA 31405
      View Details
    • $389,900
      1,575 SF

      Savannah Bungalow with Income Potential

      Savannah duplex featuring two units, modern amenities, and convenient location.
      22 W 59Th St, Savannah, GA 31405
      View Details
    • $285,000
      1,560 SF

      Savannah Duplex on Corner Lot

      Duplex near Bull Street with two units and detached garages.
      126 W 59Th St, Savannah, GA 31405
      View Details
    • Contact for pricing
      1,608 SF

      Victorian Home in Savannah

      Charming Victorian home with original features, ideal for investors.
      512 W 44Th St, Savannah, GA 31405
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Savannah Retail/Office Space For Lease

      Flexible retail/office space in high-growth Savannah location.
      4410 Ogeechee Rd, Savannah, GA 31405
      View Details
    • $20 SF/Yr

      Class A Business Park Space

      High-quality office, distribution, and showroom space in Savannah's Chatham Center.
      8001 Chatham Center Dr, Savannah, GA 31405
      View Details
    • Contact for pricing

      Commercial Space on Ogeechee Road

      Commercial space available for rent on Ogeechee Road.
      4704 Ogeechee Rd, Savannah, GA 31405
      View Details
    • Contact for pricing

      Commercial Property for Rent

      Commercial property available for rent in Savannah, Georgia.
      1224 Dean Forest Rd, Savannah, GA 31405
      View Details
    • $30 SF/Yr

      Savannah Medical Office Building

      Custom-built medical office space in thriving Savannah location.
      6301 Abercorn St, Savannah, GA 31405
      View Details
    • Contact for pricing

      Redeveloped Retail Space Available

      Retail space in redeveloped shopping center with ample parking.
      5501 Abercorn St, Savannah, GA 31405
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5127 Ogeechee Rd
    Savannah, GA 31405
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5127 Ogeechee Rd, Savannah, GA, 31405
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!