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Property profile & analytics
OFF-MARKET
Estimated value
$4,480,000
Investment properties
116 Whitaker St, Savannah, GA 31401-3314
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-0936656
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1870
Total area
11,058 SF
Lot
0.11 ac (4,857 SF)
Zoning code
BCI
APN
2-0004 -44-005
UPID
US22-0936656
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.48M
Owner & transaction history
Rhino Collective LLC · 2 yrs held
Rhino Collective LLC
since 2023
Last sale
$4.6M
7 recorded transactions
Zoning & alternative use
BCI · Savannah, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$6.1M
+21.5%
Restaurant
$6.0M
+20.8%
Retail stores
$5.4M
+8.8%
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
$5,945,000
ML approach
$5,695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,005,000
Current use
INDUSTRIAL (GENERAL)
$6,080,000
Change: +21% · Conversion: Moderate
RESTAURANT
$6,045,000
Change: +21% · Conversion: Difficult
RETAIL STORES
$5,445,000
Change: +9% · Conversion: Easy
OFFICE BUILDING
$4,950,000
Change: -1% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,360,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$4.48M
Range $4.03M – $4.93M · ±10% · vs last sale $4.55M (Dec 21 2023)
Last sale anchor
$4.55M
Dec 21 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
$405 / 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
$1,265,560
Assessed 2024
Previous assessed
$1,265,560
+0.0% YoY
Assessed land
$233,080
Assessed improvement
$1,032,480
Land market value
$582,700
Improvement market value
$2,581,200
Total market value
$3,163,900
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1870
Heating
NONE
Cooling
AC.PACKAGE
Buildings
3
Stories
3
Total area
11,058 SF
Lot
0.11 ac (4,857 SF)
Zoning code
BCI
APN
2-0004 -44-005
UPID
US22-0936656
Jurisdiction
CHATHAM
Zoning & alternative use
BCI · Savannah, GA
Zoning BCI · permitted uses
BCI · 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
COMMERCIAL (GENERAL) Current
Est. value
$5.0M
INDUSTRIAL (GENERAL)
Est. value
$6.1M
RESTAURANT
Est. value
$6.0M
RETAIL STORES
Est. value
$5.4M
OFFICE BUILDING
Est. value
$5.0M
AUTO REPAIR, GARAGE
Est. value
$4.4M
COMMERCIAL (GENERAL) Current
INDUSTRIAL (GENERAL)
RESTAURANT
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1870
Heating
NONE
Cooling
Yes
Stories
3
Buildings
3
Lot
0.11 ac
Current owner
From public records · entity-resolved
Rhino Collective LLC
Entity
Mailing address
116 WHITAKER ST, SAVANNAH, GA 31401-3314
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2025
—
Rhino Collective LLC
—
Deed
related
$1,284,430 · Banksouth
Dec 21, 2023
$4,550,000
Rhino Collective LLC
120 Whitaker Holdngs LLC
Warranty Deed
$3,640,000 · Banksouth
Apr 15, 2021
—
120 Whitaker Holdngs LLC
—
Deed
related
$3,500,000 · Crossfirst Bank
Jan 6, 2021
$4,750,000
120 Whitaker Holdngs LLC
120 Whitaker Street LLC
Warranty Deed
—
Aug 11, 2020
$3,050,000
120 Whitaker Street LLC
Synovus Bank
Warranty Deed
$2,443,580 · Galin Mortgage Lending
Nov 5, 2019
$4,770,037
Synovus Bank
Savannah Spirits LLC
Foreclosure
related
—
Nov 9, 2016
—
Savannah Spirits LLC
—
Deed
related
$5,000,000 · Synovus Bank
Jun 28, 2016
—
Savannah Spirits LLC
Savannah Spirits Grp Ltd
Warranty Deed
$882,320 · Colony Bank
Oct 1, 2015
$1,375,000
Savannah Spirits Grp Ltd
Jml Holdings I LLC
Limited Warranty Deed
$962,500 · Jml Holdings I
Jan 17, 2008
—
Jml Holdings I LLC
Not Provided
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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