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    Property profile & analytics

    1504 Butler Ave Tybee Island, GA 31328

    • Retail space
    • 1,296 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    $260,000
    Last Sale
    Sep 17, 2021
    $250,000
    Location Intelligence
    Property ID
    US22-1877435
    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

    • The Daiquiri Bar / Bar

    Property Details for 1504 Butler Ave

    Year built
    1940
    Lot size
    0.04 lot acres
    Property size
    1,296 SF
    Zone code
    C1
    Property type
    Retail space
    APN
    4-0008 -03-004
    APU
    4000803004

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $205,000
      6.5%
      $195,000
      7%
      $185,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $205,000
      Geo Method
      $205,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $190,000
      Retail
      $215,000
      Mixed-Use
      $205,000
      Hospitality
      $175,000
      Educational
      $210,000
      Residential Income
      $210,000
      Energy
      $200,000
      Income-Based Land
      $220,000
      Food Service
      $170,000

    Location Insight

    • Map
    • Local Demand
    City
    Tybee Island
    County
    Chatham
    State
    Georgia
    Longitude
    -80.8486
    Latitude
    31.9935
    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
    $48,680
    $22,520
    $71,200
    -
    $121,700
    $56,300
    $178,000

    Comparable in this City

    • Value Estimation by Request
      650 SF

      16 16th St

      RETAIL STORES (PERSONAL SERVICES) • 650 SF
      16 16th St, Tybee Island, GA 31328-8778
      View Details
    • Value Estimation
      $385,000
      4,224 SF

      25 Tybrisa St

      RETAIL STORES (PERSONAL SERVICES) • 4,224 SF
      25 Tybrisa St, Tybee Island, GA 31328
      View Details
    • Value Estimation
      $1,200,000
      5,710 SF

      802 1st St

      RETAIL STORES (PERSONAL SERVICES) • 5,710 SF
      802 1st St, Tybee Island, GA 31328-8816
      View Details
    • Value Estimation
      $645,000
      3,571 SF

      1405 Butler Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,571 SF
      1405 Butler Ave, Tybee Island, GA 31328
      View Details
    • Value Estimation by Request
      768 SF

      1204 Us Hwy 80

      RETAIL STORES (PERSONAL SERVICES) • 768 SF
      1204 Us Hwy 80, Tybee Island, GA 31328-9772
      View Details
    • Value Estimation
      $330,000
      3,815 SF

      1415 Butler Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,815 SF
      1415 Butler Ave, Tybee Island, GA 31328-9837
      View Details

    Similar Nearby for Sale

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      Meticulously maintained 3-bedroom condo near the beach, great investment.
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      Oceanfront condo with beach views, pool, and short-term rental potential.
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    1504 Butler Ave
    Tybee Island, GA 31328
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    Realmo Value Estimation

    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.

    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.

    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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