Property profile

12 Derenne Ave Savannah, GA 31405

OFF-MARKET
Drive through restaurants
Property ID
US22-1796043
2,521 SF 0.63 ac lot Built 1987
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail property, located at 12 West Derenne Avenue in Savannah, Georgia, presents a unique investment opportunity. The 2,537 square foot building sits on a 0.63-acre lot and is priced at $1,800,000, or $709.50 per square foot. Previously occupied by Arby's, the property boasts a highly desirable drive-thru feature, a significant advantage in today's fast-paced market. Its prime location on West Derenne Avenue ensures exceptional visibility and accessibility, with a high daily traffic count of 49,100 vehicles. The property benefits from its immediate proximity to established businesses such as Chick-fil-A, Starbucks, and Parker's Kitchen, creating a synergistic environment and attracting a substantial customer base. This strategic location within Chatham County, Georgia, and its 31405 zip code, offers excellent potential for a variety of retail uses. The property's existing infrastructure and high visibility make it an ideal choice for an investor seeking a strong return on investment in a thriving Savannah market. The ample signage opportunities further enhance its marketing potential, ensuring maximum brand exposure. This is a rare opportunity to acquire a well-positioned retail space with a proven track record in a high-traffic area.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1987
Total area 2,521 SF
Lot 0.63 ac (27,600 SF)
Zoning code BC
APN 2-0128 -01-002A
UPID US22-1796043

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cosmetic Store

Location

12 Derenne Ave Savannah, GA 31405-6702
Savannah metro Census 3400 SAVANNAH, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.44M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.29M
Blend (final) Blend
$1.51M

Owner & transaction history

since 2025
Last sale
$1.6M
5 recorded transactions
2025
$1.6M
2022
$1.1M
2013
Price N/A
2009
$1.2M
2007
$190,300

Zoning & alternative use

BC · Savannah, GA
Top alternative use upside
Commercial (general) $1.5M +5.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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