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Property profile & analytics
OFF-MARKET
Estimated value
$2,350,000
Retail space
284 Pennsylvania Ave Savannah, GA 31404-1233
Entity Owned
Free & Clear
Property ID
US22-1638428
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1943
Total area
21,107 SF
Lot
2.2 ac (95,832 SF)
Zoning code
BC
APN
2-0036 -02-001
UPID
US22-1638428
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
-
Marlon's Cafe were fast n healthy collide Restaurant
-
Southern Spoon Restaurant
-
Mycaribbeanplace Restaurant
-
Geechee Grub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.36M
Blend (final)
Blend
$2.35M
Owner & transaction history
K&d Wong INC
K&d Wong INC
since 2026
Last sale
$1.8M
5 recorded transactions
Zoning & alternative use
BC · 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
$2,350,000
ML approach
$2,295,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.35M
Range $2.12M – $2.59M · ±10% · vs last sale $1.80M (Feb 14 2023)
Last sale anchor
$1.80M
Feb 14 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
$111 / 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
$262,760
Assessed 2024
Previous assessed
$265,520
-1.0% YoY
Assessed land
$115,000
Assessed improvement
$147,760
Land market value
$287,500
Improvement market value
$369,400
Total market value
$656,900
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1943
Heating
SPACE
Buildings
2
Stories
1
Total area
21,107 SF
Lot
2.2 ac (95,832 SF)
Zoning code
BC
APN
2-0036 -02-001
UPID
US22-1638428
Jurisdiction
CHATHAM
Zoning & alternative use
BC · Savannah, GAZoning BC · permitted uses
BC · 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
1943
Heating
SPACE
Stories
1
Buildings
2
Lot
2.2 ac
Current owner
From public records · entity-resolved
K&d Wong INC
Entity
Free & Clear · 0 yrs held
Mailing address
21 SHELLWIND DR, SAVANNAH, GA 31411-2910
Ownership since
2026
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
Mar 4, 2026
—
K&d Wong INC
Yong Carroll
Quitclaim Deed
related
—
Jan 15, 2026
—
K&d Wong INC
—
Deed
related
$87,900 · Us Small Business Administration
Dec 1, 2025
—
K&d Wong INC
Cha Wong Chong
Quitclaim Deed
related
—
Feb 14, 2023
$1,800,000
Cha Wong Chong
Vanessa Pennsylvania Capital LLC
Warranty Deed
$1,340,000 · Carroll Yong S
Mar 6, 2012
—
Vanessa Pennsylvania Capital L
Yong S Carroll
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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