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Property profile & analytics
OFF-MARKET
Estimated value
$3,300,000
Auto shops
500 Montgomery St Savannah, GA 31401-4819
Individually Owned
9-yr Hold
Free & Clear
Property ID
US22-0926804
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1962
Total area
10,810 SF
Lot
1.68 ac (73,137 SF)
Zoning code
BG
APN
2-0045 -22-002
UPID
US22-0926804
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
-
Hollingsworth Auto Service, Inc. Downtown Auto Repair Shop
-
Enterprise Rent-A-Car Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.00M
Blend (final)
Blend
$3.30M
Owner & transaction history
Hollingsworth Real Estate Part · 9 yrs held
Hollingsworth Real Estate Part
since 2016
2 recorded transactions
Zoning & alternative use
BG · Savannah, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$5.3M
+24.9%
Commercial (general)
$4.9M
+14.8%
Office building
$4.8M
+13.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$4,260,000
Current use
RETAIL STORES
$5,320,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,895,000
Change: +15% · Conversion: Moderate
OFFICE BUILDING
$4,840,000
Change: +14% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,790,000
Change: -11% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,505,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$3.30M
Range $2.97M – $3.63M · ±10%
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
$305 / 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
$951,720
Assessed 2024
Previous assessed
$960,000
-0.9% YoY
Assessed land
$807,480
Assessed improvement
$144,240
Land market value
$2,018,700
Improvement market value
$360,600
Total market value
$2,379,300
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1962
Heating
SPACE
Buildings
5
Stories
1
Total area
10,810 SF
Lot
1.68 ac (73,137 SF)
Zoning code
BG
APN
2-0045 -22-002
UPID
US22-0926804
Jurisdiction
CHATHAM
Zoning & alternative use
BG · Savannah, GA
Zoning BG · permitted uses
BG · 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
AUTO REPAIR, GARAGE Current
Est. value
$4.3M
RETAIL STORES
Est. value
$5.3M
COMMERCIAL (GENERAL)
Est. value
$4.9M
OFFICE BUILDING
Est. value
$4.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.8M
WAREHOUSE, STORAGE
Est. value
$3.5M
AUTO REPAIR, GARAGE Current
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
1962
Heating
SPACE
Stories
1
Buildings
5
Lot
1.68 ac
Current owner
From public records · entity-resolved
Hollingsworth Real Estate Part
Individual
Free & Clear · 9 yrs held
Mailing address
500 MONTGOMERY ST, SAVANNAH, GA 31401-4819
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
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
Aug 4, 2016
—
Hollingsworth Real Estate Part
—
Deed
related
$582,405 · First Citizens Bank
Jul 20, 2016
—
Hollingsworth Real Estate Part
Howard B JR Estate
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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