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Property profile & analytics
OFF-MARKET
Commercial real estate

1 Berrien St Savannah, GA 31401

0.25 ac lot
Property ID
US22-4111051
Property summary
AI-generated overview

This exceptional 0.25-acre vacant land parcel at 1 Berrien Street in Savannah, Georgia (APN 2003133003), presents a unique development opportunity. Zoned D-X (Promote Expansion of Business District), this property is ideally situated at the entrance to the Garrison School of the Arts, a thriving institution experiencing significant student growth. The land boasts a land value of $137.18 per square foot, reflecting its prime location within Savannah's Historic District. Preliminary municipal approvals are in place, and existing development plans are readily available for review by prospective buyers. This site offers significant potential for various projects, including student housing with a retail component, or a purely residential condominium development. The corner lot location provides excellent visibility and accessibility. The asking price for this exceptional property is $1,500,000. This is a rare chance to acquire a strategically located parcel in a vibrant and growing area of Savannah. The property's proximity to the Garrison School of the Arts makes it particularly attractive for projects catering to the student population and the broader community. Serious inquiries are encouraged to explore the full potential of this remarkable development opportunity.

Property profile
Verified
Property type Commercial real estate
Lot 0.25 ac (10,890 SF)
APN 2003133003
UPID US22-4111051
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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