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Property profile & analytics
FOR SALE
Storefront properties

5204 Waters Avenue Ct Savannah, GA 31404

5,266 SF
Property ID
US22-Q024612
Property summary
AI-generated overview

Excellent commercial investment opportunity in a high-demand Savannah corridor! This offering includes two commercially zoned parcels totaling approximately 0.4361 acres, strategically positioned just off Waters Avenue with close proximity to Memorial Health University Medical Center. The front parcel at 5204 Waters Avenue offers strong road frontage and visibility approximately over 100ft, while the adjoining parcel at 1104 E. 67th Street provides additional space for expansion, development, or support use. The front property is a well-constructed, durable build featuring all-brick exterior on all sides with a solid concrete rear exterior. This type of construction offers exceptional longevity, low exterior maintenance, and enhanced resistance to weather-related wear and tear. Buyers will appreciate the added durability, improved energy efficiency, and long-term value retention that comes with full masonry construction. Together, the combined layout presents a versatile opportunity for investors, developers, or owner-users seeking a well-located commercial footprint. There is a Lamar sign on the property 5204 Waters Avenue that brings in $400/month with over 7 years remaining in the contract. Surrounded by established retail, medical, and residential areas, this property benefits from steady traffic flow and continued area growth. Ideal for a variety of commercial uses (buyer to verify zoning and permitted uses). Sale includes both parcels: 5204 Waters Avenue and 1104 E. 67th Street. Parcels are being sold together as a package and will not be sold separately.

Property profile
Verified
Property type Storefront properties
Total area 5,266 SF
UPID US22-Q024612
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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