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Property profile & analytics
OFF-MARKET Estimated value $290,000
Banks

3507 Bay St Savannah, GA 31408-3400

2,796 SF Built 1960
Entity Owned 10-yr Hold Free & Clear
Property ID
US22-1022585
Property summary
AI-generated overview

This exceptional retail property, located at 3507 W Bay Street in Savannah, Georgia, presents a compelling investment opportunity. Built in 1960 and situated on a 0.764-acre lot, the property boasts a newly installed roof and offers 2,700 square feet of versatile retail space. Its strategic location within Savannah's business district, in close proximity to the shipping port, ensures high visibility and accessibility. The property's features include ample parking with 29 spaces, a convenient covered drive-through area, and a history as a former bank branch, suggesting a strong foundation for various retail uses. The asking price is $700,000. This single-building property offers a unique blend of established infrastructure and prime location, making it an ideal investment for discerning buyers seeking a foothold in Savannah's thriving commercial market. The property's size and amenities make it suitable for a range of retail businesses, capitalizing on the high traffic and convenient access afforded by its location in the heart of Savannah's business district. The zip code is 31408, and the Chatham County location provides easy access to major transportation routes.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1960
Total area 2,796 SF
Zoning code BH
APN 2-0024 -01-001L
UPID US22-1022585
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k
Owner & transaction history
C&c Sa LLC · 10 yrs held
C&c Sa LLC
since 2015
2 recorded transactions
2015
$650,000
2008
$1.0M
Zoning & alternative use
BH · Savannah, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Zoning District R B
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