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Property profile & analytics
OFF-MARKET
Estimated value
$3,725,000
Banks
241 Drayton St Savannah, GA 31401-4024
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1653686
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1900
Total area
8,859 SF
Lot
0.19 ac (8,102 SF)
Zoning code
BC1
APN
2-0015 -29-006
UPID
US22-1653686
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
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.73M
Owner & transaction history
Joanne Fu · 2 yrs held
Joanne Fu
since 2023
Last sale
$2.9M
5 recorded transactions
Zoning & alternative use
BC1 · Savannah, GA
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
$3,725,000
ML approach
$3,630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.73M
Range $3.35M – $4.10M · ±10% · vs last sale $2.85M (Aug 25 2023)
Last sale anchor
$2.85M
Aug 25 2023
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
$420 / 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
$301,880
Assessed 2024
Previous assessed
$336,960
-10.4% YoY
Assessed land
$112,760
Assessed improvement
$189,120
Land market value
$281,900
Improvement market value
$472,800
Total market value
$754,700
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1900
Heating
NONE
Buildings
2
Stories
2
Total area
8,859 SF
Lot
0.19 ac (8,102 SF)
Zoning code
BC1
APN
2-0015 -29-006
UPID
US22-1653686
Jurisdiction
CHATHAM
Zoning & alternative use
BC1 · Savannah, GAZoning BC1 · permitted uses
BC1 · 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
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Stories
2
Buildings
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
Joanne Fu
Individual
Free & Clear · 2 yrs held
Mailing address
200 E SAINT JULIAN ST STE #100, SAVANNAH, GA 31401-2748
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2023
$412,200
Joanne Fu
Smith Family Homes LLC
Warranty Deed
—
Aug 17, 2023
$341,300
Helen D Gregory
Smith Family Homes LLC
Warranty Deed
—
Jun 23, 2023
—
Smith Family Homes LLC
Colony Bank
Quit Claim Deed
related
—
Nov 19, 2015
$1,400,000
Colony Bank
Pete A Liakakis
Warranty Deed
—
Jan 31, 2007
—
Pete A Liakakis
Not Provided
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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