4628 Ogeechee Rd Savannah, GA 31405-1210
Property profile & analytics
4628 Ogeechee Rd, Savannah, GA 31405-1210
- Retail space
- 9,034 SF
- 1.38 lot acres
Property ID
US22-1889190
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.
Location Intelligence
Current Use by Public Records
- Western Union / Bank / Credit Union
- Dollar General / Discount Store
Property Details for 4628 Ogeechee Rd
- Year built
- 2011
- Lot size
- 1.38 lot acres
- Zone code
- PBC
- Property type
- Retail space
- APN
- 2-0873 -01-018
- APU
- 2087301018
Description
This fee-simple retail property in Savannah, GA, offers a compelling investment opportunity. The 9,014 square foot Dollar General store, built in 2011, sits on a 1.25-acre lot at 4628 Ogeechee Rd, zip code 31405. The property is currently 100% occupied under a Net Lease (NN+) agreement with Dollar General, a credit-rated tenant with a corporate guarantee. The lease, commencing June 29, 2011, has a remaining term of approximately 1.6 years, followed by four 5-year options with 10% rent increases in each. The current annual Net Operating Income (NOI) is $112,985, resulting in an 8.30% cap rate and a price per square foot of $151.02. The asking price is $1,361,265. The property benefits from high traffic counts (over 29,500 vehicles daily) on Ogeechee Road (Highway 17), a strong demographic area with over 101,000 people within a five-mile radius, and proximity to numerous residential communities and national retailers including Badcock Home Furniture, Bojangles, Mavis Tires & Brakes, Dunkin', Taco Bell, Firehouse Subs, McDonald's, Sonic, and more. The property's location near Carrie E. Gould Elementary School further enhances its appeal. This is a well-positioned, high-performing asset with a strong tenant and significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,710,000
- 6.5%
- $1,580,000
- 7%
- $1,465,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,664,000
Market price range: $640k - $2.19M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,325,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Savannah
- County
- Chatham
- State
- Georgia
- Longitude
- -81.1778
- Latitude
- 32.0458
- 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
$144,280
$304,280
$448,560
-
$360,700
$760,700
$1,121,400
