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    Property profile & analytics

    512 Oglethorpe Ave Savannah, GA 31401-2304

    • Hotels
    • 42,000 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 09, 2022
    $27,111,000
    Location Intelligence
    Property ID
    US22-3858043
    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.

    Current Use by Public Records

    • Wxyz Lounge / Bar
    • Aloft Savannah Downtown Historic District / Hotel / Meeting Planning Service

    Property Details for 512 Oglethorpe Ave

    Year built
    2017
    Lot size
    0.40 lot acres
    Property size
    42,000 SF
    Zone code
    BC1
    Property type
    Hotels
    APN
    2-0016 -22-014
    APU
    2001622014

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.0987
    Latitude
    32.079
    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
    $332,720
    $5,443,360
    $5,776,080
    -
    $831,800
    $13,608,400
    $14,440,200

    Comparable in this City

    • Value Estimation by Request
      88,080 SF

      150 Montgomery St

      HOTEL • 88,080 SF
      150 Montgomery St, Savannah, GA 31401-3228
      View Details
    • Value Estimation by Request
      37,400 SF

      305 Bay St

      HOTEL • 37,400 SF
      305 Bay St, Savannah, GA 31401
      View Details
    • Value Estimation by Request
      73,301 SF

      255 Perry Ln

      HOTEL • 73,301 SF
      255 Perry Ln, Savannah, GA 31401-4012
      View Details
    • Value Estimation by Request
      415,942 SF

      100 General Mcintosh Blvd

      HOTEL • 415,942 SF
      100 General Mcintosh Blvd, Savannah, GA 31401-2900
      View Details
    • Value Estimation by Request
      31,472 SF

      7 Drayton St

      HOTEL • 31,472 SF
      7 Drayton St, Savannah, GA 31401-2723
      View Details
    • Value Estimation
      $525,000
      1,775 SF

      2 Bay St

      HOTEL • 1,775 SF
      2 Bay St, Savannah, GA 31401-1107
      View Details

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      Retail space available for lease on Broughton Street.
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    Property Visit Statistics

    • Visits by month
      12.7k
    • Visitors by month
      11.4k
    • Avg Time on site
      14 min
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    512 Oglethorpe Ave
    Savannah, GA 31401-2304
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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