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Property profile & analytics
OFF-MARKET
Land

218 Basswood Dr Savannah, GA 31407

2.49 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.49-acre commercial lot, located at 218 Basswood Drive in Savannah, Georgia (zip code 31407), presents a unique investment opportunity. Situated in the thriving Highlands Park development, this hard corner lot boasts high visibility at the intersection of Benton and Highlands Boulevards. Its PD zoning allows for a variety of commercial uses, catering to the significant demand for retail, restaurants, grocery stores, medical facilities, and automotive services in this rapidly growing area. The property's strategic location offers unparalleled access to major transportation arteries, including I-95 (one mile), Pooler Parkway (three miles), Highway 30 (one mile), and Highway 21 (2.5 miles). The upcoming Effingham Parkway will further enhance connectivity by providing a direct route to Benton Boulevard, bypassing I-95 and Highway 21. Surrounded by large multi-family communities, this lot benefits from a densely populated customer base. Build-to-suit options are available, providing flexibility for development. The City of Savannah is the governing body. Asking price is $2,490,000.

Property profile
Verified
Property type Land
Lot 2.49 ac (108,464 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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