Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    101 Riverview Dr Savannah, GA 31404-1420
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    101 Riverview Dr Savannah, GA 31404-1420

    View on Map
    • Warehouses
    • 9,923 SF
    • 2.14 lot acres
    Off-Market
    Property ID
    US22-1585704
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $3,920,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Big Water Catering / Wedding Service / Event Planning

    Property Details for 101 Riverview Dr

    Year built
    1981
    Lot size
    2.14 lot acres
    Property size
    9,923 SF
    Zone code
    I-H
    Property type
    Warehouses
    APN
    2-0007 -01-004
    APU
    2000701004

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,057,000
      Market price range: $1.00M - $9.08M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $3,215,000
      Current use
      COMMERCIAL (GENERAL)
      $5,720,000
      Change: +78% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $5,455,000
      Change: +70% Conversion: Easy
      RESTAURANT
      $5,425,000
      Change: +69% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $3,910,000
      Change: +22% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $3,480,000
      Change: +8% Conversion: Moderate
      MEDICAL BUILDING
      $3,135,000
      Change: -3% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.0452
    Latitude
    32.0657
    CBSA code
    42340
    CBSA name
    SAVANNAH, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $83,880
    $351,400
    $435,280
    -
    $209,700
    $878,500
    $1,088,200

    Comparable in this City

    • Value Estimation by Request
      2,100 SF

      2134 Shell Rd

      MINI-WAREHOUSE, STORAGE • 2,100 SF
      2134 Shell Rd, Savannah, GA 31404-4449
      View Details
    • Value Estimation by Request
      4,200 SF

      2002 Skidaway Rd

      MINI-WAREHOUSE, STORAGE • 4,200 SF
      2002 Skidaway Rd, Savannah, GA 31404-3859
      View Details
    • Value Estimation by Request
      3,898 SF

      2109 Colorado Ave

      MINI-WAREHOUSE, STORAGE • 3,898 SF
      2109 Colorado Ave, Savannah, GA 31404-4429
      View Details
    • Value Estimation by Request
      2,592 SF

      420 Bonaventure Rd

      MINI-WAREHOUSE, STORAGE • 2,592 SF
      420 Bonaventure Rd, Thunderbolt, GA 31404-3224
      View Details
    • Value Estimation by Request
      2,400 SF

      1804 Waters Ave

      MINI-WAREHOUSE, STORAGE • 2,400 SF
      1804 Waters Ave, Savannah, GA 31404
      View Details
    • Value Estimation
      $4,720,000
      12,000 SF

      1680 President St

      WAREHOUSE, STORAGE • 12,000 SF
      1680 President St, Savannah, GA 31404-1016
      View Details

    Similar Nearby for Sale

    • $845,000
      6,000 SF

      Versatile Commercial Space on Skidaway Road

      High-traffic location suitable for retail, office, or light commercial services.
      3104 Skidaway Rd, Savannah, GA 31404
      View Details
    • Contact for pricing
      66,004 SF

      Savannah Industrial Property for Sale

      66,004 SF industrial property available in Savannah, Georgia.
      2604 Causton Bluff Rd, Savannah, GA 31404
      View Details
    • Contact for pricing
      2,630 SF

      Savannah Multifamily Renovation Opportunity

      Two-unit multifamily property in Savannah, ideal for renovation and value-add.
      2118 E Gwinnett St, Savannah, GA 31404
      View Details
    • Contact for pricing

      Savannah Land Parcel Near Hospital

      Strategically located 0.66-acre parcel in Savannah's Medical Arts district.
      4800 Waters Ave, Savannah, GA 31404
      View Details
    • Contact for pricing
      1,936 SF

      Retail Property on Waters Avenue

      Retail property available for sale in Savannah, Georgia.
      1721 Waters Ave, Savannah, GA 31404
      View Details
    • $1,400,000
      3,200 SF

      Historic Church Converted to Residence

      1902 church transformed into a 4-bedroom luxury residence.
      2716 Mechanics Ave, Thunderbolt, GA 31404
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Warehouse Space Near Truman Parkway

      8,029 SF warehouse space on Victory Drive available for rent.
      2142 East Victory Dr, Savannah, GA 31404
      View Details
    • New
      $3,364 /Mo
      19,166 SF

      Savannah Flex/Showroom Building For Lease

      Versatile flex/showroom building suitable for various business needs.
      2027 E Gwinnett St, Savannah, GA 31404
      View Details
    • $24 SF/Yr
      3,600 SF

      Office Space on Victory Drive

      Single-tenant office building suitable for various professional uses.
      1464 E Victory Dr, Savannah, GA 31404
      View Details
    • $6 SF/Yr
      Pending

      Spacious Commercial Building on Waters

      Spacious commercial building with roll-up doors near high-traffic intersection.
      3936 Waters Avenue Ct, Savannah, GA 31404
      View Details
    • $15 SF/Yr
      61,685 SF

      Victory Drive Retail Space Available

      Retail spaces for lease in Victory Drive Shopping Center.
      2125 E Victory Dr, Savannah, GA 31404
      View Details
    • $22 SF/Yr
      6,542 SF

      Office Space with Generator

      Office space for rent with abundant parking and generator.
      2812 Williams St, Savannah, GA 31404
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    101 Riverview Dr
    Savannah, GA 31404-1420
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!