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Property profile & analytics
FOR SALE
Auto shops
106 Mall Blvd Savannah, GA 31406
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-1344931
For Sale
1 / 8
$3,300,000
106 Mall Blvd, Savannah, GA 31406
View Listing →
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1970
Total area
7,956 SF
Lot
0.61 ac (26,572 SF)
Zoning code
BC
APN
2-0533 -01-002
UPID
US22-1344931
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
-
Mavis Tires & Brakes (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.13M
Blend (final)
Blend
$3.42M
Owner & transaction history
Te LLC · 2 yrs held
Te LLC
since 2023
Last sale
$3.3M
1 recorded transaction
Zoning & alternative use
BC · Savannah, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.6M
+46.2%
Industrial (general)
$4.4M
+39.5%
Restaurant
$4.4M
+38.7%
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
$4,245,000
ML approach
$4,190,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,135,000
Current use
COMMERCIAL (GENERAL)
$4,585,000
Change: +46% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$4,375,000
Change: +40% · Conversion: Easy
RESTAURANT
$4,350,000
Change: +39% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,790,000
Change: -11% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,580,000
Change: -18% · Conversion: Easy
MEDICAL BUILDING
$2,515,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$3.42M
Range $3.07M – $3.76M · ±10% · vs last sale $3.25M (Dec 27 2023)
Last sale anchor
$3.25M
Dec 27 2023
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
$429 / 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
$278,880
Assessed 2024
Previous assessed
$290,400
-4.0% YoY
Assessed land
$199,280
Assessed improvement
$79,600
Land market value
$498,200
Improvement market value
$199,000
Total market value
$697,200
Applied tax rate
2.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Sale
Year built
1970
Heating
SPACE
Buildings
2
Stories
1
Total area
7,956 SF
Lot
0.61 ac (26,572 SF)
Zoning code
BC
APN
2-0533 -01-002
UPID
US22-1344931
Jurisdiction
CHATHAM
Zoning & alternative use
BC · Savannah, GA
Zoning BC · permitted uses
BC · Savannah, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Savannah. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$4.6M
INDUSTRIAL (GENERAL)
Est. value
$4.4M
RESTAURANT
Est. value
$4.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
WAREHOUSE, STORAGE
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$2.5M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
1970
Heating
SPACE
Stories
1
Buildings
2
Lot
0.61 ac
Current owner
From public records · entity-resolved
Te LLC
Entity
Free & Clear · 2 yrs held
Mailing address
106 MALL BLVD, SAVANNAH, GA 31406-4728
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Dec 27, 2023
$3,250,000
Te LLC
Friedmans Jewelers INC
Warranty 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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