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Property profile & analytics
OFF-MARKET
Estimated value
$17,700,000
Manufacturing properties
2 Wahlstrom Rd Savannah, GA 31404-1033
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-1549345
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Lot
0.17 ac (7,405 SF)
Zoning code
I-H
APN
1-0284 -01-001
UPID
US22-1549345
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
-
Colonial Terminals Warehouse & Storage
-
Epic Midstream Gas Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$13.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$17.70M
Owner & transaction history
Ade 1049 LLC · 3 yrs held
Ade 1049 LLC
since 2022
Last sale
$16.8M
2 recorded transactions
Zoning & alternative use
I-H · Savannah, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
District is established to provide sites for activities which involve large scale warehousing, processing, manufacturing facilities, major transportation terminals and waste related facilities
Zone name
Heavy Industrial
General category
INDUSTRIAL
Zone area
5,267.98 ac
Source
Realmo
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
$24,060,000
ML approach
$13,145,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$17.70M
Range $15.93M – $19.47M · ±10% · vs last sale $16.80M (Nov 1 2022)
Last sale anchor
$16.80M
Nov 1 2022
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
—
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
$119,400
Assessed 2024
Previous assessed
$120,400
-0.8% YoY
Assessed land
$8,880
Assessed improvement
$110,520
Land market value
$22,200
Improvement market value
$276,300
Total market value
$298,500
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Heating
NONE
Buildings
1
Lot
0.17 ac (7,405 SF)
Zoning code
I-H
APN
1-0284 -01-001
UPID
US22-1549345
Jurisdiction
CHATHAM
Zoning & alternative use
I-H · Savannah, GAZoning I-H · permitted uses
I-H · Savannah, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
District is established to provide sites for activities which involve large scale warehousing, processing, manufacturing facilities, major transportation terminals and waste related facilities
Zone name
Heavy Industrial
General category
INDUSTRIAL
Zone area
5,267.98 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Buildings
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Ade 1049 LLC
Entity
Mailing address
101 N LATHROP AVE, SAVANNAH, GA 31415-1054
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2022
$16,800,000
Ade 1049 LLC
Imtt Epic LLC
Limited Warranty Deed
$16,847,300 · Colonial Group
Oct 13, 2016
—
Epic Midstream LLC
—
Deed
related
$33,000,000 · Zb
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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