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Property profile & analytics
OFF-MARKET
Estimated value
$2,290,000
Hotels
115 Riv St Savannah, GA 31401-1247
Entity Owned
8-yr Hold
Free & Clear
Property ID
US22-1764115
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1817
Total area
7,700 SF
Lot
0.33 ac (14,418 SF)
Zoning code
BB
APN
2-0004 -10-001
UPID
US22-1764115
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
-
Cassandra's Jewelry Imports (Bike/Boat/Book/etc) Store
-
Tubby's Seafood River Street Restaurant
-
ATM Atm
-
Broken Keel Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.13M
Blend (final)
Blend
$2.29M
Owner & transaction history
Chc River Street Owner LLC · 8 yrs held
Chc River Street Owner LLC
since 2018
4 recorded transactions
Zoning & alternative use
BB · Savannah, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.8M
+39.8%
Commercial (general)
$3.5M
+28.6%
Office building
$3.4M
+27.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$2,710,000
Current use
RETAIL STORES
$3,790,000
Change: +40% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,485,000
Change: +29% · Conversion: Difficult
OFFICE BUILDING
$3,445,000
Change: +27% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,035,000
Change: +12% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,700,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$2.29M
Range $2.06M – $2.52M · ±10%
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
$297 / 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
$3,391,760
Assessed 2024
Previous assessed
$3,419,721
-0.8% YoY
Assessed land
$692,160
Assessed improvement
$2,699,600
Land market value
$1,730,400
Improvement market value
$6,749,000
Total market value
$8,479,400
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1817
Heating
FORCED AIR
Buildings
7
Stories
1
Total area
7,700 SF
Lot
0.33 ac (14,418 SF)
Zoning code
BB
APN
2-0004 -10-001
UPID
US22-1764115
Jurisdiction
CHATHAM
Zoning & alternative use
BB · Savannah, GA
Zoning BB · permitted uses
BB · 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
HOTEL/MOTEL Current
Est. value
$2.7M
RETAIL STORES
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$3.5M
OFFICE BUILDING
Est. value
$3.4M
AUTO REPAIR, GARAGE
Est. value
$3.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.7M
HOTEL/MOTEL Current
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1817
Heating
FORCED AIR
Stories
1
Buildings
7
Lot
0.33 ac
Current owner
From public records · entity-resolved
Chc River Street Owner LLC
Entity
Free & Clear · 8 yrs held
Mailing address
3501 JAMBOREE RD STE #550, NEWPORT BEACH, CA 92660-2950
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2021
—
Chc River Street Owner LLC
—
Deed
related
$17,000,000 · Georgia Banking
Jun 13, 2018
$8,160,698
Chc River Street Owner LLC
Resource Rsi Phase I LLC
Limited Warranty Deed
—
Jun 13, 2018
$8,549,302
Chc River Street Owner LLC
Resource Rsi Phase I LLC
Warranty Deed
$14,500,000 · State Bank & Trust Co
Jun 30, 2006
$7,081,000
Resource Rsi Phase I LLC
Not Provided
Deed
$12,500,000 · Greenwich Capital Financial Pr
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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