Financial
Distress signals
Property profile

224 Stephenson Ave Savannah, GA 31405

FOR LEASE
Office buildings
Property ID
US22-1408740
3,720 SF 0.31 ac lot Built 2001
Last sale Feb 2023 · $640,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Ground-floor corner office space in the historic core of Savannah, Georgia (Chatham County), sized at 1,250 square feet, situated on a 0.31-acre lot, and zoned PRIP. The premises include both front and rear access and are positioned to provide road visibility along the surrounding streets. The interior layout is designed to be flexible for different business configurations, and the property is set up with tenant responsibility for utilities.

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.

Mortgages

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$238k
Assessed land$108k
Assessed improvement$130k

Value estimate

· Sep 2026
$835k
$752k – $919k
AI approach$730k
CAP approach$850k
Submarket $/SF estimate$559k
NOI build-up
Gross scheduled income$28k
Vacancy & credit loss−$5k
Operating expenses−$6k
NOI · 1,158.53% cap applied$17k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$305/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$172 – $519
Qualifying comparables4

Cap rate analysis

How does the asset earn?
1,158.53%
$17k 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?
PRIP
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 Service10.0
Plumbing Service9.8
Dry Cleaner9.1

Location

224 Stephenson Ave Savannah, GA 31405
County assessor Recorded deeds · 3 transfers 4 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
119 Southern, Savannah, GA 31405-7415 $1,200,000 Jul 2025 3,211 SF
18 Park Of Commerce, Savannah, GA 31405-7410 $1,900,000 Mar 2024 5,124 SF
2019 Mls B Ln, Savannah, GA 31405-2963 $950,000 Mar 2024 4,080 SF
304 Stephenson, Savannah, GA 31405-5929 $825,000 Nov 2023 4,853 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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