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    4 Old Hwy Savannah, GA 31328
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    Property profile & analytics

    4 Old Hwy Savannah, GA 31328


    • Specialty properties
    • 4.40 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Specialty properties

    Property Details for 4 Old Hwy

    Lot size
    4.40 lot acres
    Property type
    Specialty properties
    Property subtype
    Marinas

    Description

    This exceptional 4.4-acre marina in Chatham County, Georgia, presents a unique investment opportunity. Located at 4 Old Highway 80, Tybee Island, 31328, this full-service facility is the only one of its kind on the island. Boasting over 2,000 feet of floating docks, 68 dry slips, and ample fuel capacity (5,000 gallons each of diesel and marine fuel), the marina offers significant potential for expansion and increased revenue. The property includes a convenient one-bedroom, one-bathroom living space. Its strategic location, just 15 miles from Savannah and 17 miles from the Georgia Ports Authority, provides easy access to a large customer base. The navigable clearance under the Lazaretto Creek bridge is 46 feet at low tide and 38 feet at high tide. Previously home to a highly-rated seafood restaurant and market, the asking price has been reduced to $3,950,000, reflecting the removal of these businesses. The property is zoned for Maritime District use (APN: 4002401005) and currently hosts various rental services, including kayak and jet ski rentals. This is a rare chance to acquire a thriving coastal business with significant upside potential. The property is located in a prime location with excellent access to major transportation routes and a thriving tourism market. The existing infrastructure provides a solid foundation for future growth and development.


    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
    -80.882
    Latitude
    32.014
    More about this property
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