1940 Montgomery Cross Rd Savannah, GA 31406
This exceptional 0.37-acre lot, located at 1940 Montgomery Cross Road in Savannah, Georgia (zip code 31406), presents a unique opportunity. The property, identified by APN 2-0429-01-019, is zoned Residential R-1, offering immediate potential for residential development. Its prime location near Sandfly provides convenient access to a variety of amenities, including Walmart, Sam's Club, and the Forest City Gun Club. The land boasts frontage on Montgomery Cross Road, ensuring excellent visibility and accessibility. Priced at $150,000, this represents a land value of approximately $405,405.41 per acre. While currently zoned residential, the property's strategic location and size may offer potential for future commercial use, subject to necessary approvals and permits. This is an ideal opportunity for builders, investors, or individuals seeking to build their dream home in a desirable Savannah location. The property's size and zoning make it a highly attractive investment in a growing area. Serious inquiries are encouraged.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.