Technical
Financial
Distress signals
Property profile

204 Old W Lathrop Ave Savannah, GA 31415

OFF-MARKET
Office buildings
Property ID
US22-1845211
15,120 SF 13.5 ac lot Built 1987
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Total area 15,120 SF
Lot 13.5 ac (588,060 SF)
Zoning code I-L
APN 2-0600 -02-001
UPID US22-1845211

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • Big Box & Wholesale Store Building Supply

Location

204 Old W Lathrop Ave Savannah, GA 31415-1757
Savannah metro Census 11600 SAVANNAH, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$11.53M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$10.90M

Owner & transaction history

since 2022
Last sale
$13.5M
5 recorded transactions
2022
Price N/A
2022
$13.5M
2016
Price N/A
2016
Price N/A
2012
Price N/A

Zoning & alternative use

I-L · Savannah, GA
Zoning description

District is established to provide for a wide range of research and development, light manufacturing and assembly, warehousing, and wholesaling activities as well as some support services

General category INDUSTRIAL
Top alternative use upside
Commercial (general) $8.7M +170.6%
Industrial (general) $8.3M +158.2%
Restaurant $8.3M +156.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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