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Property profile & analytics
FOR LEASE
Office Spaces
37 W Fairmont Ave 100 Savannah, GA 31406
Entity Owned
3-yr Hold
Free & Clear
Property ID
US22-1917041
For Lease
1 / 76
$19 SF/Yr
37 W Fairmont Ave,Unit 100, Savannah, GA 31406
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE BUILDING
Year built
2000
Total area
10,828 SF
Lot
0.18 ac (7,841 SF)
Zoning code
BC
APN
2-0590 -03-028
UPID
US22-1917041
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
-
Michael S. Cline, DC Alternative Medicine Practice
-
Bonnie Glenn Counselor
-
LaLaLuxx LLC Hair Salon
-
Horizon Home Builders Savannah Construction Company General Contractor
-
Richard Lutz - Raymond James Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.47M
Comparable Approach
Comparable
$2.63M
Blend (final)
Blend
$2.73M
Owner & transaction history
Mm Savannah Investments LLC · 3 yrs held
Mm Savannah Investments LLC
since 2022
5 recorded transactions
Zoning & alternative use
BC · Savannah, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning District R B
Top alternative use upside
Auto repair, garage
$4.3M
+146.5%
Neighborhood: shopping center
$3.8M
+119.4%
Warehouse, storage
$3.5M
+102.7%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,675,000
6.5%
$2,470,000
7%
$2,295,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,730,000
Current use
AUTO REPAIR, GARAGE
$4,270,000
Change: +146% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,800,000
Change: +119% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,510,000
Change: +103% · Conversion: Difficult
MEDICAL BUILDING
$3,420,000
Change: +98% · Conversion: Easy
Blend value · Realmo final
$2.73M
Range $2.46M – $3.00M · ±10%
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
$252 / 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
$642,640
Assessed 2024
Previous assessed
$683,120
-5.9% YoY
Assessed land
$129,720
Assessed improvement
$512,920
Land market value
$324,300
Improvement market value
$1,282,300
Total market value
$1,606,600
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
Office Spaces
Use group
OFFICE BUILDING
Status
For Lease
Year built
2000
Heating
NONE
Buildings
2
Stories
2
Total area
10,828 SF
Lot
0.18 ac (7,841 SF)
Zoning code
BC
APN
2-0590 -03-028
UPID
US22-1917041
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$4.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.8M
WAREHOUSE, STORAGE
Est. value
$3.5M
MEDICAL BUILDING
Est. value
$3.4M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
2000
Heating
NONE
Stories
2
Buildings
2
Lot
0.18 ac
Current owner
From public records · entity-resolved
Mm Savannah Investments LLC
Entity
Free & Clear · 3 yrs held
Mailing address
37 W FAIRMONT AVE STE #100, SAVANNAH, GA 31406-3456
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Jun 7, 2023
—
Mm Savannah Investments LLC
—
Deed
related
$140,000 · Mccrary J Royce
Dec 30, 2022
$985,000
Mm Savannah Investments LLC
Beck Properties LLP
Warranty Deed
—
Oct 19, 2021
—
Coastal Investors Grp LP
Ajh Family Properties LLC
Quitclaim Deed
—
Oct 30, 2019
$150,000
Hope Counseling Center Of Savannah
Cecil D Abarr
Warranty Deed
$127,500 · South State Bank
Jan 13, 2017
$47,500
Joel M Rotkow
Ricky S Friedenberg
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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