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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1400 Dean Forest Rd Savannah, GA 31405

    • Commercial real estate
    • 1.44 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-3914482
    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

    • Commercial real estate

    Property Details for 1400 Dean Forest Rd

    Lot size
    1.44 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 1.44-acre commercial lot in Savannah, Georgia, presents a prime development opportunity. Located on Dean Forest Road, the property boasts high visibility and accessibility, with 14,000 vehicles passing daily on Dean Forest Road and 60,000 on nearby I-16. Its strategic location near established communities like Southbridge and Tapestry Park ensures strong potential for various commercial uses. The site has already undergone significant improvements, including complete tree clearing, direct access to all major utilities (water, sewer, and gas) at the property line, and the completion of necessary offsite stormwater detention. Two curb cuts provide convenient access—one from Central Avenue and one from an unnamed street. Furthermore, sidewalks have been installed along the entire property perimeter within the right-of-way. The property is zoned Mixed-Use, offering flexibility for a wide range of commercial developments. This ready-to-develop site represents a compelling investment opportunity in a thriving Savannah location. The lot is situated in Chatham County, Georgia, with a zip code of 31405.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.2063149
    Latitude
    32.0613288

    Comparable in this City

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      Savannah Commercial Land Opportunity

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      Commercial Land I-16 Frontage

      13.81 acres with high visibility and traffic.
      1486 Dean Forest Rd, Savannah, GA 31405
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    • $699,900
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      Savannah Residential Land Opportunity

      0.964 Acres, Buildable Lots
      0 Dixon St, Savannah, GA 31405
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    • $2,200,000
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      Savannah Land on US Highway 17

      Centrally located land near major transportation routes in Savannah, GA.
      5684 Ogeechee Rd, Savannah, GA 31405
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    • $150,000
      1 SF

      Savannah Land Ready For Retail

      Outparcel for ground lease in master-planned mixed-use development.
      @ I-16 | Ground Lease Opportunity | ±1.891-Acre Outparcel At The Chatham Ctr Chatham Pkwy, Savannah, GA 31405
      View Details
    • $225,000

      Cleared, Level Lot in Savannah

      Commercial land in medical arts area with utilities available.
      705 E 68Th St, Savannah, GA 31405
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    Similar Nearby for Sale

    • $250,000
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      Savannah Residential Land - 2.75 Acres

      Prime Savannah development site, RSF-6 zoning.
      0 62Nd St, Savannah, GA 31405
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    • $1,250,000

      Hard Corner Parcel on Parkway

      1.88 acre hard corner parcel at lighted intersection.
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    • $150,000
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      Savannah Commercial Land Opportunity

      3 Acres, Office Zoning, Motivated Seller
      0 Mills B Lane Blvd, Savannah, GA 31405
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      Commercial Land I-16 Frontage

      13.81 acres with high visibility and traffic.
      1486 Dean Forest Rd, Savannah, GA 31405
      View Details
    • $699,900
      0.96 Acres

      Savannah Residential Land Opportunity

      0.964 Acres, Buildable Lots
      0 Dixon St, Savannah, GA 31405
      View Details
    • $2,200,000
      2.65 Acres

      Savannah Land on US Highway 17

      Centrally located land near major transportation routes in Savannah, GA.
      5684 Ogeechee Rd, Savannah, GA 31405
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    Similar Nearby for Lease

    • Contact for pricing
      4,387 SF

      Savannah Industrial Space for Lease

      Flex Warehouse Space in Savannah, GA
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      5,692 SF

      Dean Forest Road Industrial Yard

      Prime Chatham County Storage, 5,692 SF
      1361 Dean Forest Rd, Savannah, GA 31405
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    • $150,000
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      Savannah Retail Land Lease Opportunity

      ±1 Acre Outparcel at Chatham Center
      0 Chatham Ctr Dr And Chatham Pkwy, Savannah, GA 31405
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      869,022 SF

      Prime Commercial Land Tract

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      15,600 SF

      Tapestry Park Commons Retail Space

      Garden City, GA retail center: Prime location, high traffic.
      1418 Dean Forest Rd, Savannah, GA 31405
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    • $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
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    1400 Dean Forest Rd
    Savannah, GA 31405
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    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
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