0 Mills B Lane Blvd Savannah, GA 31405
This exceptional 3-acre commercial land parcel in Savannah, Georgia, presents a rare investment opportunity. Located on Mills B Ln Blvd, in Chatham County (zip code 31405), this property is zoned O-I Office Institutional, allowing for a variety of commercial uses. Just over one acre is designated as buildable upland. The site is conveniently situated adjacent to an existing office building to the west. Priced at $150,000 ($58,333/acre), this represents a compelling value in the Savannah market. While the zoning permits a range of uses including office, limited residential, healthcare, educational, cultural, lodging, and service businesses, it's crucial to note that parking and container storage are not permitted on this site. This makes it ideal for businesses that don't require extensive on-site parking or storage. The seller is motivated, and the price has been reduced, making this an attractive proposition for a small general contractor, service-related business, or other compatible commercial ventures. This is not industrial land
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
Similar Nearby for Sale
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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.