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Property profile & analytics
OFF-MARKET
Estimated value
$1,185,000
Drive through restaurants
4301 Ogeechee Rd Savannah, GA 31405-1203
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-1120360
Property summary
AI-generated overview
This 1.37-acre vacant lot in Savannah, Georgia, presents a prime redevelopment opportunity for a quick-service restaurant (QSR). Located at 4301 Ogeechee Rd, this Class A property boasts 1,884 square feet of space in a building constructed in 2007. The site is zoned B-C and offers excellent visibility and accessibility with over 47,000 vehicles passing daily at the lighted intersection of Chatham Parkway and Ogeechee Road. The property features approximately 300 feet of frontage on Ogeechee Road and is situated in a thriving retail corridor, adjacent to a Circle K and across from established QSRs including Wendy's, Zaxby's, KFC, Taco Bell, and Dunkin' Donuts. The asking price is $1,750,000, representing a land value of $1,280,175 per acre. The property is offered fee simple and is currently vacant, with an occupancy date of October 23, 2024. This location provides exceptional exposure and potential for significant return on investment. The lot's dimensions and shape are ideal for QSR development. Parcel number is 20837 01010.
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2007
Total area
1,884 SF
Lot
1.37 ac (59,547 SF)
Zoning code
PBC
APN
2-0837 -01-010
UPID
US22-1120360
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
-
Sonic Drive-In Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.65M
Blend (final)
Blend
$1.19M
Owner & transaction history
Aaa Jiang LLC · 1 yrs held
Aaa Jiang LLC
since 2025
Last sale
$1.3M
3 recorded transactions
Zoning & alternative use
PBC · Savannah, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+5.4%
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
$965,000
ML approach
$1,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,030,000
Current use
COMMERCIAL (GENERAL)
$1,085,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$1.19M
Range $1.07M – $1.30M · ±10% · vs last sale $1.32M (Apr 17 2025)
Last sale anchor
$1.32M
Apr 17 2025
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
$629 / 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
$392,080
Assessed 2024
Previous assessed
$423,400
-7.4% YoY
Assessed land
$238,200
Assessed improvement
$153,880
Land market value
$595,500
Improvement market value
$384,700
Total market value
$980,200
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2007
Heating
NONE
Buildings
2
Stories
1
Total area
1,884 SF
Lot
1.37 ac (59,547 SF)
Zoning code
PBC
APN
2-0837 -01-010
UPID
US22-1120360
Jurisdiction
CHATHAM
Zoning & alternative use
PBC · Savannah, GA
Zoning PBC · permitted uses
PBC · Savannah, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Savannah. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$1.1M
RESTAURANT Current
COMMERCIAL (GENERAL)
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
2007
Heating
NONE
Stories
1
Buildings
2
Lot
1.37 ac
Current owner
From public records · entity-resolved
Aaa Jiang LLC
Entity
Mailing address
5623 FAIRFIELD RD, COLUMBIA, SC 29203-3304
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2025
$1,315,000
Aaa Jiang LLC
Boom INC
Deed
—
Mar 31, 2015
$961,538
Boom INC
Watford Sims LLC
Warranty Deed
—
Feb 26, 2007
$555,000
Watford Sims LLC
Not Provided
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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