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

    1361 Dean Forest Rd Savannah, GA 31405

    • Commercial real estate
    • 5,600 SF
    • 6.29 lot acres
    For Lease
    View listing
    Last Sale
    Jun 03, 2022
    $1,260,000
    Value Estimations
    $1,325,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-0906421
    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

    • Coastal Grading & Rental Inc / Construction Company / General Contractor

    Property Details for 1361 Dean Forest Rd

    Year built
    1995
    Lot size
    6.29 lot acres
    Property size
    5,600 SF
    Zone code
    PIL
    Property type
    Commercial real estate
    APN
    1-0989 -02-001
    APU
    1098902001

    Description

    This exceptional 2.8-acre industrial storage yard, completed in 2025, offers 5,692 square feet of versatile space and boasts a highly efficient layout. The property features a fully fenced and secured perimeter, ensuring the safety and security of your assets. With four convenient drive-in bays, loading and unloading are streamlined and efficient. The yard's strategic location on Dean Forest Road provides unparalleled access to major transportation arteries. It's ideally situated between Interstate 16 and Highway 17, offering easy connectivity to the region's extensive highway network. Furthermore, its proximity to Interstate 16 (1.5 miles) and the Garden City Terminal (7 miles) makes it an attractive option for businesses requiring seamless logistics and distribution capabilities. The ample space accommodates 55 trailer parking spots, catering to both short-term and long-term parking needs. This property presents a unique opportunity for businesses seeking a secure, well-located, and efficient storage solution in Chatham County. The property is classified as a single-tenant industrial storage yard. The lot size is 2.8 acres.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,805,000
      ML approach
      $1,665,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,055,000
      6.5%
      $975,000
      7%
      $905,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,638,000
      Market price range: $1.08M - $5.74M

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

    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.2121
    Latitude
    32.0587
    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
    $120,760
    $41,520
    $162,280
    -
    $301,900
    $103,800
    $405,700

    Comparable in this City

    • Value Estimation by Request
      1,624 SF

      4919 Ogeechee Rd

      COMMERCIAL (GENERAL) • 1,624 SF
      4919 Ogeechee Rd, Savannah, GA 31405-2503
      View Details
    • Value Estimation by Request
      660 SF

      5209 Mildred St

      COMMERCIAL (GENERAL) • 660 SF
      5209 Mildred St, Savannah, GA 31405-5023
      View Details
    • Value Estimation by Request
      2,130 SF

      4115 Montgomery St

      COMMERCIAL (GENERAL) • 2,130 SF
      4115 Montgomery St, Savannah, GA 31405-4018
      View Details
    • Value Estimation by Request
      625 SF

      118 58th St

      COMMERCIAL (GENERAL) • 625 SF
      118 58th St, Savannah, GA 31405-4037
      View Details
    • Value Estimation
      $805,000
      4,480 SF

      3501 Edwin Ave

      COMMERCIAL (GENERAL) • 4,480 SF
      3501 Edwin Ave, Savannah, GA 31405-1609
      View Details
    • Value Estimation by Request
      600 SF

      3 Fall Ave

      COMMERCIAL (GENERAL) • 600 SF
      3 Fall Ave, Savannah, GA 31405-1215
      View Details

    Similar Nearby for Sale

    • $150,000
      3.00 Acres

      Savannah Commercial Land Opportunity

      3 Acres, Office Zoning, Motivated Seller
      0 Mills B Lane Blvd, Savannah, GA 31405
      View Details
    • $2,500,000
      5.52 Acres

      Savannah Commercial Land - 5.52 Acres

      Prime Savannah development site, ideal for multi-family.
      5125-5127 Ogeechee Rd, Savannah, GA 31405
      View Details
    • $4,800,000
      11.87 Acres

      Savannah Land: 11.87 Acres

      Prime Savannah land, R-2 zoning, I-16 access.
      5231 Ogeechee Rd, Savannah, GA 31405
      View Details
    • $1,250,000
      1.88 Acres

      Savannah Commercial Land - Prime Corner Lot

      1.88-acre development ready corner lot in Savannah, GA.
      19 Southern Oaks Ct, Savannah, GA 31405
      View Details
    • $2,095,000
      1.12 Acres

      Savannah Hotel Investment Opportunity

      28-Unit Hotel, High ROI Potential
      3314 Ogeechee Rd, Savannah, GA 31405
      View Details
    • $350,000

      Parkway Crossing Building Pads

      Land
      1980 Chatham Pkwy, Savannah, GA 31405
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      15,600 SF

      Tapestry Park Commons Retail Space

      Garden City, GA retail center: Prime location, high traffic.
      1418 Dean Forest Rd, Savannah, GA 31405
      View Details
    • $22 SF/Yr
      1,500 SF

      Retail Space Available For Lease

      Retail space available for lease in Savannah, GA.
      1940 Mills B Lane Blvd, Savannah, GA 31405
      View Details
    • $1,450 /Mo
      1,025 SF

      Renovated 3-Bedroom Upper Unit

      Completely renovated 3-bedroom, 1-bath upper unit with modern amenities.
      1000 W 53Rd St, Savannah, GA 31405
      View Details
    • $20 SF/Yr
      56,961 SF

      Class A Business Park Space

      High-quality office, distribution, and showroom space in Savannah's Chatham Center.
      8001 Chatham Center Dr, Savannah, GA 31405
      View Details
    • Contact for pricing
      284,580 SF

      Rockingham Farms Warehouse Space

      Class A Warehouse, 284,580 SF, Q1 2025 Delivery
      0 Warehouse Dr, Savannah, GA 31405
      View Details
    • Contact for pricing
      4,387 SF

      Savannah Industrial Space for Lease

      Flex Warehouse Space in Savannah, GA
      3501 Edwin St, Savannah, GA 31405
      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.
    1361 Dean Forest Rd
    Savannah, GA 31405
    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.