4800 Waters Ave Savannah, GA 31404
Property Lookup
Property profile & analytics
4800 Waters Ave Savannah, GA 31404
- Strip malls
- 61,198 SF
- 4.24 lot acres
Property ID
US22-1688348
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
- Water Damage Restoration Houston / Carpet Cleaning Service / Fire Damage Restoration Service
Property Details for 4800 Waters Ave
- Year built
- 1965
- Lot size
- 4.24 lot acres
- Property size
- 61,198 SF
- Zone code
- BN
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 2-0105 -09-001
- APU
- 2010509001
Description
This exceptional Class A, 62,011 square foot retail and restaurant center is located in Savannah, Georgia, at 4800 Waters Ave, near the intersection of East 63rd Street and Waters Avenue. Built in 1959, this single-story building sits on a 3.6-acre lot and offers multiple tenancies with a minimum divisible space of 992 square feet and a maximum contiguous space of 11,138 square feet. The property benefits from its strategic location directly across Waters Avenue from the 600+ bed Memorial Health University Medical Center, the only Level 1 Trauma Center in Southeast Georgia and the 6th busiest hospital in the state. This location within Savannah's Medical Arts District provides unparalleled access to a high concentration of medical services and nearly 1,100 beds within a 0.5-mile radius. The property is zoned commercial and offers significant potential for lasting value due to its proximity to this major medical facility and the dense medical community. The building does not include elevators. This is a rare opportunity to acquire a well-positioned commercial property in a thriving medical hub. The property's size and location make it ideal for a variety of retail and restaurant uses.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $15,765,000
- ML approach
- $10,630,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $14,315,000
- 6.5%
- $13,210,000
- 7%
- $12,270,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $15,800,000
Market price range: $7.47M - $36.4M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $19,835,000
- MEDICAL BUILDING
- $19,340,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Savannah
- County
- Chatham
- State
- Georgia
- Longitude
- -81.0927
- Latitude
- 32.031
- 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
$1,071,240
$1,499,080
$2,570,320
-
$2,678,100
$3,747,700
$6,425,800
