Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10509 Middleground Rd Savannah, GA 31419-1002

    • Mobile home & RV parks
    • 10.89 lot acres
    OFF-MARKET
    Value Estimations
    $405,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1798223
    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.

    Current Use by Public Records

    • Lagunes Landscaping LLC / Landscaper
    • Vick's Mobile Homes / Mobile Home Park
    • Knight Enterprises / Weight Loss Service / Food Store
    • Cobos Landscaping / Contractor

    Property Details for 10509 Middleground Rd

    Lot size
    10.89 lot acres
    Zone code
    RM25
    Property type
    Mobile home & RV parks
    APN
    2-0784 -01-015
    APU
    2078401015

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $405,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.1557
    Latitude
    31.9948
    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
    $326,720
    $2,240
    $328,960
    -
    $816,800
    $5,600
    $822,400

    Comparable in this City

    • Value Estimation
      $400,000
      4,000 SF

      275 Ft Argyle Rd

      MOBILE HOME PARK, TRAILER PARK • 4,000 SF
      275 Ft Argyle Rd, Savannah, GA 31419-9225
      View Details
    • Value Estimation
      $355,000
      2,520 SF

      211 Pink Dogwood Dr, Unit 230

      MOBILE HOME PARK, TRAILER PARK • 2,520 SF
      211 Pink Dogwood Dr, Savannah, GA 31419-9165
      View Details
    • Value Estimation
      $330,000
      9.21 Acres

      231 Quacco Rd

      MOBILE HOME PARK, TRAILER PARK • 9.21 Acres
      231 Quacco Rd, Savannah, GA 31419-8402
      View Details
    • Value Estimation
      $415,000
      20.23 Acres

      201 Quacco Rd

      MOBILE HOME PARK, TRAILER PARK • 20.23 Acres
      201 Quacco Rd, Savannah, GA 31419-9628
      View Details
    • Value Estimation
      $410,000
      45.70 Acres

      147 Red Maple Dr

      MOBILE HOME PARK, TRAILER PARK • 45.70 Acres
      147 Red Maple Dr, Savannah, GA 31419-8422
      View Details
    • Value Estimation
      $335,000
      1,144 SF

      800 Quacco Rd

      MOBILE HOME PARK, TRAILER PARK • 1,144 SF
      800 Quacco Rd, Savannah, GA 31419-9122
      View Details

    Similar Nearby for Sale

    • $227,900

      Remodeled Townhome in Savannah

      Remodeled townhome with new flooring, countertops, and convenient location.
      59 Hidden Lake Ct, Savannah, GA 31419
      View Details
    • $199,999

      Savannah Townhome with Resort Amenities

      Inviting 2-bedroom townhome with community amenities in Savannah, GA.
      12300 Apache Ave, Savannah, GA 31419
      View Details
    • $1,995,000
      13 SF

      Undeveloped Land I-95 Frontage

      13.02 acres of undeveloped land with I-95 frontage.
      600 Al Henderson Blvd, Savannah, GA 31419
      View Details
    • $199,999
      1,206 SF

      Savannah Townhome with Resort-Style Amenities

      2-bedroom townhome in Hoover Creek Plantation with many community amenities.
      12300 Apache Ave, Savannah, GA 31419
      View Details
    • $450,000
      2.56 Acres

      Spacious Buildable Homesite Near Grove River

      2.56 acre homesite with Grove River access and shared dock.
      35 Shore Rd, Savannah, GA 31419
      View Details
    • $3,299,901
      5,496 SF

      Freestanding IHOP Restaurant For Sale

      Single tenant IHOP with long-term absolute NNN lease.
      4 Gateway Blvd E, Savannah, GA 31419
      View Details

    Similar Nearby for Lease

    • $2,300 /Mo

      Marsh Front Townhouse in Savannah

      Three-bedroom townhouse in gated community with marsh views and pool.
      11330 White Bluff Rd, Savannah, GA 31419
      View Details
    • Contact for pricing
      24,000 SF

      Savannah Flex/Warehouse Space

      24,000 SF Flex Warehouse, Savannah, GA
      15000 Abercorn St, Savannah, GA 31419
      View Details
    • Contact for pricing

      Freestanding Restaurant on Abercorn Street

      2,532 SF restaurant on 1.73 AC near Savannah Mall.
      14020 Abercorn St, Savannah, GA 31419
      View Details
    • Contact for pricing
      6,900 SF

      Savannah Flex Space: ±6,900 SF

      Industrial flex space for lease in Savannah, GA. Excellent location & amenities.
      1871 Grove Point Rd, Savannah, GA 31419
      View Details
    • $240 SF/Yr
      1,200 SF

      Savannah Retail Space - Georgetown

      1,200 SF Retail Space Available in Savannah, GA
      1190A King George Blvd, Savannah, GA 31419
      View Details
    • $19 SF/Yr
      1,100 SF

      Retail Space on Abercorn Street

      Retail space available for lease on Abercorn Street.
      13015 Abercorn St, Savannah, GA 31419
      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.
    10509 Middleground Rd
    Savannah, GA 31419-1002
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.