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Financial
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Property profile

215 E River St Savannah, GA 31401

FOR SALE
Other investment properties
Property ID
US22-1665906
11,800 SF 0.06 ac lot Built 1860
Last sale May 2017 · $7,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

215 E River Street in Historic Downtown Savannah, Georgia is a multi-story former cotton warehouse built in 1860. The building provides approximately 6,202 square feet of space configured across three floors (2nd, 3rd, and 4th) with access from Bay Street, Factors Walk, and River Street. Parking options are located nearby. The property is zoned D-W (Downtown Waterfront), which allows a range of commercial uses including general retail and restaurants. It is positioned along Bay Street near the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2024$1.35M
Assessed land$118k
Assessed improvement$1.23M

Value estimate

· Oct 2026
$1.48M
$1.33M – $1.63M
CAP approach$2.06M
Submarket $/SF estimate$2.00M
NOI build-up
Gross scheduled income$205k
Vacancy & credit loss−$14k
Operating expenses−$57k
NOI · 223,251.67% cap applied$134k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$453/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$311 – $784
Qualifying comparables7

Cap rate analysis

How does the asset earn?
223,251.67%
$134k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BB
JurisdictionCHATHAM

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.5
Auto Parts Store10.7
Veterinary Clinic8.9

Location

215 E River St Savannah, GA 31401
County assessor Recorded deeds · 1 transfer 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
109 Whitaker, Savannah, GA 31401-3313 $4,477,500 Apr 2025 10,536 SF
116 Whitaker, Savannah, GA 31401-3314 $4,550,000 Dec 2023 11,058 SF
10 Whitaker, Savannah, GA 31401-2657 $4,450,000 Jan 2023 16,740 SF
2 Liberty, Savannah, GA 31401-4586 $3,850,000 May 2022 9,920 SF
14 State, Savannah, GA 31401-3649 $1,745,000 Sep 2020 10,463 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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