218 Basswood Dr Savannah, GA 31407
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.
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.