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Property profile & analytics
OFF-MARKET
Estimated value
$2,515,000
Medical Office Space
1001 Memorial Ln Savannah, GA 31410-1220
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0874754
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2005
Total area
9,424 SF
Lot
1.25 ac (54,450 SF)
Zoning code
PUD-IS
APN
1-0115 -01-047
UPID
US22-0874754
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
Current use
Occupant on record · Public records
-
DIANE R SAVAGE-PEDIGO Pediatrician Medical Clinic
-
Quick Rx Drugs Pharmacy
-
Khaja Mohiuddin, MD Pediatrician Physician
-
Ashley Blasi, MD Medical Clinic
-
Adrienne Fabrizio Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.58M
CAP Approach
CAP
$1.84M
Comparable Approach
Comparable
$3.20M
Blend (final)
Blend
$2.52M
Owner & transaction history
Savannah Health Services LLC · 1 yrs held
Savannah Health Services LLC
since 2025
Last sale
$3.1M
1 recorded transaction
Zoning & alternative use
PUD-IS · Savannah, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning District R B
Top alternative use upside
Auto repair, garage
$3.7M
+24.7%
Neighborhood: shopping center
$3.3M
+11.0%
Warehouse, storage
$3.1M
+2.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Savannah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Savannah submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,270,000
ML approach
$2,575,000
CAP Approach
CAP Return
Estimation
6%
$1,995,000
6.5%
$1,840,000
7%
$1,710,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,980,000
Current use
AUTO REPAIR, GARAGE
$3,715,000
Change: +25% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,305,000
Change: +11% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,055,000
Change: +3% · Conversion: Difficult
RETAIL STORES
$2,865,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$2.52M
Range $2.26M – $2.77M · ±10% · vs last sale $3.10M (Apr 2 2025)
Last sale anchor
$3.10M
Apr 2 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$267 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$634,520
Assessed 2024
Previous assessed
$634,520
+0.0% YoY
Assessed land
$163,360
Assessed improvement
$471,160
Land market value
$408,400
Improvement market value
$1,177,900
Total market value
$1,586,300
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2005
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
9,424 SF
Lot
1.25 ac (54,450 SF)
Zoning code
PUD-IS
APN
1-0115 -01-047
UPID
US22-0874754
Jurisdiction
CHATHAM
Zoning & alternative use
PUD-IS · Savannah, GAZoning PUD-IS · permitted uses
PUD-IS · Savannah, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning District R B
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$3.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.3M
WAREHOUSE, STORAGE
Est. value
$3.1M
RETAIL STORES
Est. value
$2.9M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
1.25 ac
Current owner
From public records · entity-resolved
Savannah Health Services LLC
Entity
Free & Clear · 1 yrs held
Mailing address
4700 WATERS AVE, SAVANNAH, GA 31404-6220
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2025
$3,100,000
Savannah Health Services LLC
Wilmington Island Partners LLC
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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