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    Property profile & analytics

    404 Butler Ave, Unit 1 Tybee Island, GA 31328-9784

    • Turn key restaurants
    • 3,209 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Location Intelligence
    Property ID
    US22-1889500
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Savannah Beach Vacation Rentals / Vacation Home Rental Agency / Condominium Rental Agency
    • Summer Winds / Indoor Lodging
    • Ocean Song / Indoor Lodging
    • Atlantic Ocean Homes #9 - Three Bedroom Townhome / Serviced Apartment
    • Beachside Realty / Real Estate Rental Agency

    Property Details for 404 Butler Ave

    Year built
    2000
    Lot size
    0.11 lot acres
    Property size
    3,209 SF
    Zone code
    C1
    Property type
    Turn key restaurants
    APN
    4-0004 -20-160
    APU
    4000420160

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $350,000
      6.5%
      $395,000
      7%
      $395,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $395,000
      Geo Method
      $340,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $410,000
      Retail
      $310,000
      Mixed-Use
      $385,000
      Hospitality
      $315,000
      Educational
      $380,000
      Residential Income
      $370,000
      Energy
      $305,000
      Income-Based Land
      $345,000
      Food Service
      $385,000

    Location Insight

    • Map
    • Local Demand
    City
    Tybee Island
    County
    Chatham
    State
    Georgia
    Longitude
    -80.8416
    Latitude
    32.0086
    CBSA code
    42340
    CBSA name
    SAVANNAH, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $97,840
    $116,320
    $214,160
    -
    $244,600
    $290,800
    $535,400

    Comparable in this City

    • Value Estimation
      $965,000
      900 SF

      1 Old Hwy

      RESTAURANT • 900 SF
      1 Old Hwy, Tybee Island, GA 31328
      View Details
    • Value Estimation
      $500,000
      1,170 SF

      407 1st St

      RESTAURANT • 1,170 SF
      407 1st St, Tybee Island, GA 31328
      View Details
    • Value Estimation
      $585,000
      2,731 SF

      101 Lovell Ave

      RESTAURANT • 2,731 SF
      101 Lovell Ave, Tybee Island, GA 31328-9541
      View Details
    • Value Estimation by Request
      2,992 SF

      1613 Strand

      RESTAURANT • 2,992 SF
      1613 Strand, Tybee Island, GA 31328-8892
      View Details
    • Value Estimation
      $1,410,000
      0.31 Acres

      1115 Us Hwy 80

      RESTAURANT • 0.31 Acres
      1115 Us Hwy 80, Tybee Island, GA 31328
      View Details
    • Value Estimation
      $470,000
      3,200 SF

      1315 Chatham Ave

      RESTAURANT • 3,200 SF
      1315 Chatham Ave, Tybee Island, GA 31328
      View Details

    Similar Nearby for Sale

    • $589,000
      1,374 SF

      Luxurious Condo Steps to Beach

      Meticulously maintained 3-bedroom condo near the beach, great investment.
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      View Details
    • $934,900

      Oceanfront Condo at The DeSoto

      Oceanfront condo with beach views, pool, and short-term rental potential.
      214 Butler Ave, Tybee Island, GA 31328
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    • $1,995,000
      3,200 SF

      Tybee Island Income Property

      Three-unit multifamily property near the beach with strong rental history.
      3 2Nd St, Tybee Island, GA 31328
      View Details
    • $675,000
      1,320 SF

      Charming Cottage with Rental Approval

      Turn-key cottage approved for short-term vacation rentals on Tybee Island.
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      View Details
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    404 Butler Ave, Unit 1
    Tybee Island, GA 31328-9784
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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