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Property profile & analytics
OFF-MARKET
Estimated value
$4,625,000
Medical Office Space
4451 Paulsen St Savannah, GA 31405-3664
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-1632706
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1994
Total area
13,605 SF
Lot
1.56 ac (67,736 SF)
Zoning code
RIP
APN
2-0105 -01-018
UPID
US22-1632706
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
-
MHUP: Chatham Medical Associates Medical Clinic
-
Chatham Medical Associates Medical Clinic
-
Genoa Healthcare Pharmacy
-
Robert W. Beard Physician
-
Gwendolyn Mccall Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.23M
Blend (final)
Blend
$4.63M
Owner & transaction history
Gateway Community Service Board · 3 yrs held
Gateway Community Service Board
since 2023
Last sale
$4.3M
2 recorded transactions
Zoning & alternative use
RIP · Savannah, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$7.5M
+57.6%
Restaurant
$7.4M
+56.7%
Auto repair, garage
$5.4M
+13.0%
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
$5,620,000
ML approach
$5,485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$4,745,000
Current use
INDUSTRIAL (GENERAL)
$7,480,000
Change: +58% · Conversion: Difficult
RESTAURANT
$7,440,000
Change: +57% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,365,000
Change: +13% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,775,000
Change: +1% · Conversion: Difficult
OFFICE BUILDING
$4,145,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$4.63M
Range $4.16M – $5.09M · ±10% · vs last sale $4.30M (May 26 2023)
Last sale anchor
$4.30M
May 26 2023
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
$340 / 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
$1,331,120
Assessed 2024
Previous assessed
$942,960
+41.2% YoY
Assessed land
$392,880
Assessed improvement
$938,240
Land market value
$982,200
Improvement market value
$2,345,600
Total market value
$3,327,800
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1994
Heating
NONE
Buildings
3
Stories
1
Total area
13,605 SF
Lot
1.56 ac (67,736 SF)
Zoning code
RIP
APN
2-0105 -01-018
UPID
US22-1632706
Jurisdiction
CHATHAM
Zoning & alternative use
RIP · Savannah, GA
Zoning RIP · permitted uses
RIP · 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
MEDICAL BUILDING Current
Est. value
$4.7M
INDUSTRIAL (GENERAL)
Est. value
$7.5M
RESTAURANT
Est. value
$7.4M
AUTO REPAIR, GARAGE
Est. value
$5.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.8M
OFFICE BUILDING
Est. value
$4.1M
MEDICAL BUILDING Current
INDUSTRIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE 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
1994
Heating
NONE
Stories
1
Buildings
3
Lot
1.56 ac
Current owner
From public records · entity-resolved
Gateway Community Service Board
Individual
Mailing address
601 E 66TH ST, SAVANNAH, GA 31405-4519
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2023
$4,300,000
Gateway Community Service Board
Plan B Savannah LLC
Warranty Deed
$2,800,000 · Ameris Bank
Feb 16, 2021
$3,200,000
Plan B Savannah LLC
Cmb Partners LLC
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.
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