Technical
Financial
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Property profile

33 Bull St Savannah, GA 31401

OFF-MARKET
Office buildings
Property ID
US22-1026939
14,265 SF 0.51 ac lot Built 1974
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The Truist Building, located at 33 Bull St, Savannah, GA 31401, offers exceptional office, retail, and restaurant spaces in the heart of Savannah's Central Business District (CBD). This iconic five-story, Class A building, totaling 80,893 square feet, underwent a complete renovation in 2024, boasting a refreshed façade, modernized common areas, and secure gated parking. Originally constructed in 1974 and now revitalized, the Truist Building presents a unique opportunity for businesses seeking a prestigious address. Multiple tenancy options are available, with spaces ranging from a minimum of 2,516 square feet to a maximum contiguous space of 11,223 square feet. The building features one elevator and is conveniently located near Congress Street. Ground floor spaces offer a rare advantage: retail and restaurant opportunities with direct views of Johnson Square, Savannah's vibrant financial and professional hub. The building's zoning designation is CBD, and its APN is 20004 37010. This prime location, coupled with the recent extensive renovations, makes the Truist Building an unparalleled investment opportunity in Savannah's dynamic downtown area. Three retail spaces are currently available.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1974
Total area 14,265 SF
Lot 0.51 ac (22,015 SF)
Zoning code BC1
APN 2-0004 -37-010
UPID US22-1026939

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service Bank
  • Financial Advisor
  • Loan Service Bank
  • Architect Engineering Consultant
  • Bank Loan Service

Location

33 Bull St Savannah, GA 31401-3334
Savannah metro Census 11700 SAVANNAH, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.78M
Blend (final) Blend
$2.13M

Owner & transaction history

since 2024
3 recorded transactions
2024
Price N/A
2023
$18.4M
2022
Price N/A

Zoning & alternative use

BC1 · Savannah, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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