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Property profile & analytics
OFF-MARKET
Estimated value
$8,600,000
Office buildings
4849 Paulsen St Savannah, GA 31405-4423
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-1371861
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Total area
13,251 SF
Lot
2.32 ac (100,929 SF)
Zoning code
RIP
APN
2-0105 -08-002
UPID
US22-1371861
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
-
St. Joseph's/Candler Physician Network - Endocrinology Medical Clinic
-
Medical Arts Professional Building Medical Clinic
-
Dr. Clyde H. Andrews, DDS Dental Office
-
Zipperer Lorberbaum, Beauvais & Gotwalt, PC Law Firm
-
Tier3MD Tech Support Center IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.87M
Blend (final)
Blend
$8.60M
Owner & transaction history
Laramar Savannah Mob II Investment · 2 yrs held
Laramar Savannah Mob II Investment
since 2024
Last sale
$8.6M
5 recorded transactions
Zoning & alternative use
RIP · Savannah, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$7.6M
+89.3%
Industrial (general)
$7.3M
+80.6%
Restaurant
$7.2M
+79.6%
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
$8,600,000
ML approach
$8,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,640,000
Change: +89% · Conversion: Easy
INDUSTRIAL (GENERAL)
$7,285,000
Change: +81% · Conversion: Difficult
RESTAURANT
$7,245,000
Change: +80% · Conversion: Moderate
AUTO REPAIR, GARAGE
$5,225,000
Change: +29% · Conversion: Difficult
Blend value · Realmo final
$8.60M
Range $7.74M – $9.46M · ±10% · vs last sale $8.60M (May 10 2024)
Last sale anchor
$8.60M
May 10 2024
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
$649 / 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
$1,423,600
Assessed 2024
Previous assessed
$1,423,600
+0.0% YoY
Assessed land
$585,400
Assessed improvement
$838,200
Land market value
$1,463,500
Improvement market value
$2,095,500
Total market value
$3,559,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1986
Heating
NONE
Buildings
3
Stories
1
Total area
13,251 SF
Lot
2.32 ac (100,929 SF)
Zoning code
RIP
APN
2-0105 -08-002
UPID
US22-1371861
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
COMMERCIAL (GENERAL)
Est. value
$7.6M
INDUSTRIAL (GENERAL)
Est. value
$7.3M
RESTAURANT
Est. value
$7.2M
AUTO REPAIR, GARAGE
Est. value
$5.2M
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
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
1986
Heating
NONE
Stories
1
Buildings
3
Lot
2.32 ac
Current owner
From public records · entity-resolved
Laramar Savannah Mob II Investment
Entity
Mailing address
4849 PAULSEN ST, SAVANNAH, GA 31405-4423
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2024
$8,600,000
Laramar Savannah Mob II Investment
Sg Paulsen Mob LLC
Warranty Deed
—
May 6, 2024
—
Sg Paulsen Mob LLC
—
Deed
related
$24,500 · Renasant Bank
Dec 30, 2021
$5,700,000
Sg Paulsen Mob LLC
Clifford Investment Co
Warranty Deed
$4,845,000 · Renasant Bank
Jul 21, 2020
—
Clifford Investment Co
—
Deed
related
$400,000 · First Cchatham Bank
Jul 11, 2017
—
Clifford Investment Co
—
Deed
related
$355,366 · First Chatham Bank Private Bank
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.
Try Rey
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