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    4410 Ogeechee Rd Savannah, GA 31405

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    4410 Ogeechee Rd Savannah, GA 31405

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    • Strip malls
    • 1.50 lot acres
    For Lease
    $560,000
    View Listing →
    Savannah Retail/Office Space For Lease For Lease
    $560,000
    3,630 SF

    Savannah Retail/Office Space For Lease

    Flexible retail/office space in high-growth Savannah location.

    4410 Ogeechee Rd, Savannah, GA 31405
    View Listing
    Property ID
    US22-1955743
    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.
    Value Estimations
    $560,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Studio 18 Salon / Nail Salon
    • Tazz726 Event Studio / Hotel & Motel / Resort
    • Airmed Wellness / Spa & Massage Center / Alternative Medicine Practice
    • Clawed By Ari / Nail Salon
    • Smoke Sphere / (Bike/Boat/Book/etc) Store

    Property Details for 4410 Ogeechee Rd

    Lot size
    1.50 lot acres
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    2-0873 -01-022
    APU
    2087301022

    Description

    Ogeechee Plaza, a brand-new Class A building (2022), offers 7,260 square feet of versatile space at 4410 Ogeechee Rd, Savannah, GA 31405. This single-story building features six suites, with one available space ranging from 1,210 to 7,260 contiguous square feet. Ideal for executive offices, coworking, medical practices, creative businesses, or retail ventures (food, specialty shops, financial services, health & beauty, fitness, and more). The property boasts 38 parking spaces and is conveniently located on Highway 17 (Ogeechee Rd.), 1,200 feet west of Chatham Parkway, providing easy access to I-16, Veteran's Parkway, and major thoroughfares. The site is zoned B-C (Community Business) and sits on 3 acres in Flood Zone X. Each suite is approximately 22' x 55', offering efficient layouts. Annual property taxes are $3 per square foot. This prime location benefits from recent development in the surrounding area, including new apartment complexes, a shopping center, and various businesses. The property offers excellent visibility and accessibility, making it an attractive opportunity for a variety of businesses.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $645,000
      ML approach
      $600,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.1704
    Latitude
    32.0477
    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
    $209,080
    $280,640
    $489,720
    -
    $522,700
    $701,600
    $1,224,300

    Comparable in this City

    • Value Estimation
      $1,385,000
      12,858 SF

      5500 White Blf Rd

      SHOPPING CENTER, STRIP CENTER • 12,858 SF
      5500 White Blf Rd, Savannah, GA 31405-6914
      View Details
    • Value Estimation by Request
      3.86 Acres

      5796 Ogeechee Rd

      SHOPPING CENTER, STRIP CENTER • 3.86 Acres
      5796 Ogeechee Rd, Savannah, GA 31405-9577
      View Details
    • Value Estimation
      $1,970,000
      16,098 SF

      4607 Habersham St

      SHOPPING CENTER, STRIP CENTER • 16,098 SF
      4607 Habersham St, Savannah, GA 31405-4212
      View Details
    • Value Estimation
      $8,705,000
      62,242 SF

      40 Derenne Ave

      SHOPPING CENTER, STRIP CENTER • 62,242 SF
      40 Derenne Ave, Savannah, GA 31405-6712
      View Details
    • Value Estimation
      $9,925,000
      9,744 SF

      5501 Abercorn St

      SHOPPING CENTER, STRIP CENTER • 9,744 SF
      5501 Abercorn St, Savannah, GA 31405-6911
      View Details
    • Value Estimation
      $1,375,000
      8,495 SF

      4418 Habersham St

      SHOPPING CENTER, STRIP CENTER • 8,495 SF
      4418 Habersham St, Savannah, GA 31405
      View Details

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      Savannah Shopping Center Investment Opportunity

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      Freestanding 2,839 SF building on 0.27-acre lot for sale.
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    Similar Nearby for Lease

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      5,000 SF

      Retail Units in Live Oak

      Retail units available in Live Oak Shopping Center.
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      Retail Space in Victory Station

      Retail space with high visibility and easy access.
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      43,607 SF

      Retail Space in Savannah, GA

      Former Lucky's anchored shopping center with ample parking.
      5501 Abercorn St, Savannah, GA 31405
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      Retail Center on DeRenne Avenue

      Retail center with high visibility and ample parking.
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      Savannah Retail/Office Space For Lease

      Flexible retail/office space in high-growth Savannah location.
      4410 Ogeechee Rd, Savannah, GA 31405
      View Details
    • Contact for pricing

      Redeveloped Retail Space Available

      Retail space in redeveloped shopping center with ample parking.
      5501 Abercorn St, Savannah, GA 31405
      View Details
    View Listing
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    Savannah, GA 31405
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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    4410 Ogeechee Rd, Savannah, GA, 31405

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