3701 Highgate Blvd Bloomingdale, GA 31302
This exceptional 30-acre commercial land parcel in Bloomingdale, Georgia, presents a unique investment opportunity. Located at 3701 Highgate Blvd, Savannah, GA 31302, this property boasts a strategic location, minutes from I-95 and the Savannah/Hilton Head International Airport (15 minutes). It's also conveniently situated just 25 minutes from Downtown Savannah and minutes from the new Hyundai plant. The property features a recently completed survey and updated wetlands map, ensuring a smooth development process. All utilities are on-site, and the land includes three city-approved street entrances. The property is a corner lot at the intersection of Route 204 (Fort Argyle Road) and Highgate Blvd. The seller is willing to sell a 20-acre portion (19.2 upland acres) for $5.6 million. This portion is one of two city-approved parcels, creating a 20-acre and a 10.3-acre parcel. The 20-acre parcel offers a construction driveway access with a security gate, making it "shovel ready" for immediate development. The zoning is commercial, allowing for a wide range of development possibilities. This is a rare opportunity to acquire a significant commercial land holding in a rapidly growing area. The property is being sold by the owner, Studio Savannah LLC.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.