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Property profile & analytics
OFF-MARKET
Estimated value
$13,990,000
Manufacturing properties
225 Bourne Blvd Savannah, GA 31408-9586
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-4122996
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2011
Total area
16,800 SF
Lot
5.29 ac (230,432 SF)
Zoning code
PUDI
APN
2-0985 -04-080
UPID
US22-4122996
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
-
Lummus Corporation Industrial Manufacturer Metal Fabrication Plant
-
Carver Inc Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.08M
CAP Approach
CAP
$13.93M
Comparable Approach
Comparable
$16.81M
Blend (final)
Blend
$13.99M
Owner & transaction history
Wpl 2007 Family Tr · 5 yrs held
Wpl 2007 Family Tr
since 2021
Last sale
$13.1M
1 recorded transaction
Zoning & alternative use
PUDI · Savannah, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning District R B
Top alternative use upside
Warehouse, storage
$10.8M
+17.2%
Commercial (general)
$9.7M
+4.8%
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
$16,890,000
ML approach
$10,080,000
CAP Approach
CAP Return
Estimation
6%
$15,085,000
6.5%
$13,925,000
7%
$12,930,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$9,240,000
Current use
WAREHOUSE, STORAGE
$10,825,000
Change: +17% · Conversion: Easy
COMMERCIAL (GENERAL)
$9,685,000
Change: +5% · Conversion: Difficult
RESTAURANT
$9,185,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$13.99M
Range $12.59M – $15.39M · ±10% · vs last sale $13.12M (Mar 9 2021)
Last sale anchor
$13.12M
Mar 9 2021
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
$833 / SF
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
$4,047,800
Assessed 2024
Previous assessed
$4,339,240
-6.7% YoY
Assessed land
$402,040
Assessed improvement
$3,645,760
Land market value
$1,005,100
Improvement market value
$9,114,400
Total market value
$10,119,500
Applied tax rate
2.0000
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
Year built
2011
Heating
NONE
Buildings
4
Stories
2
Total area
16,800 SF
Lot
5.29 ac (230,432 SF)
Zoning code
PUDI
APN
2-0985 -04-080
UPID
US22-4122996
Jurisdiction
CHATHAM
Zoning & alternative use
PUDI · Savannah, GAZoning PUDI · permitted uses
PUDI · Savannah, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning District R B
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$9.2M
WAREHOUSE, STORAGE
Est. value
$10.8M
COMMERCIAL (GENERAL)
Est. value
$9.7M
RESTAURANT
Est. value
$9.2M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2011
Heating
NONE
Stories
2
Buildings
4
Lot
5.29 ac
Current owner
From public records · entity-resolved
Wpl 2007 Family Tr
Individual
Mailing address
9015 MTN RDG DR STE #350, AUSTIN, TX 78759-8487
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2021
—
Wpl 2007 Family Tr
National Warehousing LLC
Warranty Deed
—
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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