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Property profile & analytics
OFF-MARKET Estimated value $1,780,000
Grocery and convenience stores

204 Johnny Mercer Blvd Savannah, GA 31410-2156

1,820 SF 1.64 ac lot Built 1967
Entity Owned Free & Clear
Property ID
US22-1107849
Property summary
AI-generated overview

This exceptional 6,503 square foot commercial property, located at 204 Johnny Mercer Boulevard in Savannah, Georgia, presents a unique redevelopment opportunity. Situated on a generous 1.6-acre lot within Chatham County's vibrant Wilmington Island retail corridor, this Class A property offers significant potential for a variety of retail or restaurant uses. The single-tenancy building provides ample space for a flagship location or expansion. Its strategic location ensures high visibility and accessibility, attracting significant foot traffic and driving business success. The property's zoning allows for a range of commercial ventures, making it an ideal investment for entrepreneurs and established businesses alike. The address, 204 Johnny Mercer Blvd, Savannah, GA 31410, places the property in a thriving commercial area, offering easy access to major roadways and a dense residential population. This is a chance to secure a prominent location in a rapidly growing market. The property's size and location make it suitable for a variety of businesses seeking a high-profile presence in a desirable area. Serious inquiries are encouraged to explore the possibilities this prime commercial real estate offers. The property is available for lease.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1967
Total area 1,820 SF
Lot 1.64 ac (71,482 SF)
Zoning code R1
APN 1-0078 -01-002
UPID US22-1107849
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.21M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.78M
Owner & transaction history
Ipi Johnny Mercer LLC
Ipi Johnny Mercer LLC
since 2025
Last sale
$1.7M
3 recorded transactions
2025
Price N/A
2023
$1.7M
2022
Price N/A
Zoning & alternative use
R1 · Savannah, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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