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Property profile & analytics
OFF-MARKET
Estimated value
$4,395,000
Hotels
15 Ft Argyle Rd Savannah, GA 31419-9276
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-1697607
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1992
Total area
21,476 SF
Lot
2 ac (87,120 SF)
Zoning code
PBC
APN
1-1034 -02-019B
UPID
US22-1697607
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
-
Days Inn by Wyndham Savannah Gateway I-95 Hotel & Motel
-
Rodeway Inn Savannah I-95 Hotel & Motel
-
SureStay Plus Hotel by Best Western Savannah I95 Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.08M
CAP Approach
CAP
$2.95M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.40M
Owner & transaction history
Aarmon Reza LLC · 4 yrs held
Aarmon Reza LLC
since 2022
Last sale
$4.6M
3 recorded transactions
Zoning & alternative use
PBC · Savannah, GA
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
$6,085,000
ML approach
$6,075,000
CAP Approach
CAP Return
Estimation
6%
$3,195,000
6.5%
$2,950,000
7%
$2,740,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,960,000
Change: -8% · Conversion: Difficult
MEDICAL BUILDING
$6,785,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$4.40M
Range $3.96M – $4.83M · ±10% · vs last sale $4.55M (Feb 23 2025)
Last sale anchor
$4.55M
Feb 23 2025
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
$205 / 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
$916,720
Assessed 2024
Previous assessed
$634,360
+44.5% YoY
Assessed land
$174,240
Assessed improvement
$742,480
Land market value
$435,600
Improvement market value
$1,856,200
Total market value
$2,291,800
Applied tax rate
1.0000
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
1992
Heating
HEAT PUMP
Buildings
2
Stories
2
Total area
21,476 SF
Lot
2 ac (87,120 SF)
Zoning code
PBC
APN
1-1034 -02-019B
UPID
US22-1697607
Jurisdiction
CHATHAM
Zoning & alternative use
PBC · Savannah, GAZoning PBC · permitted uses
PBC · Savannah, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning District R B
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$7.0M
MEDICAL BUILDING
Est. value
$6.8M
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
1992
Heating
HEAT PUMP
Stories
2
Buildings
2
Lot
2 ac
Current owner
From public records · entity-resolved
Aarmon Reza LLC
Entity
Mailing address
359 ARELLA WAY, JACKSONVILLE, FL 32259-1254
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2022
$4,250,000
Aarmon Reza LLC
Bhakti Krupa LLC
Warranty Deed
$2,222,500 · Piedmont Bank
Jun 21, 2012
$550,000
Georgia Yogi INC
Shree Hari Krupa LLP
Warranty Deed
$440,012 · First Jackson Bank
Oct 12, 2005
$1,550,000
Shree Hari Krupa LLP
Not Provided
Deed
$1,200,000 · Bank Of Walterboro At Ridgelan
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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