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Property profile & analytics
OFF-MARKET
Estimated value
$9,925,000
Strip malls
5501 Abercorn St Savannah, GA 31405-6911
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-1665566
Property summary
AI-generated overview
This thriving Savannah, Georgia bike shop is offered for sale at $467,000. Located at 5501 Abercorn St, in Chatham County, this Class A, 1,600 square foot business boasts a strong track record. The shop has generated $554,274 in total sales and a cash flow of $228,976. The sale includes $115,000 in furniture, fixtures, and equipment (FF&E) and $270,000 in inventory. The business operates as an LLC and is situated in a high-growth area with a vibrant cycling community, presenting significant potential for expansion. This owner-user investment opportunity offers a unique blend of established success and future growth potential in a desirable Savannah location. The price per square foot is $291.88. This is a turnkey operation ready for a new owner to continue its success and build upon its existing loyal customer base. The reason for sale is due to other obligations. This is an exceptional opportunity for an entrepreneur seeking a profitable and established business in a thriving market. The business is categorized under Entertainment and Recreation.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1979
Total area
9,744 SF
Lot
3.6 ac (156,816 SF)
Zoning code
BC
APN
2-0127 -03-004
UPID
US22-1665566
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
-
LINA NAILS SALON Nail Salon
-
Waterless Sparkle Auto Repair Shop
-
The UPS Store Courier Service Postal Service
-
Covenant Security Surveillance, LLC Security Service General Contractor
-
Southern Harvest Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.93M
Owner & transaction history
5501 Abercorn St LLC · 2 yrs held
5501 Abercorn St LLC
since 2023
Last sale
$9.6M
3 recorded transactions
Zoning & alternative use
BC · Savannah, GA
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
$12,545,000
ML approach
$12,085,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.93M
Range $8.93M – $10.92M · ±10% · vs last sale $9.60M (Nov 30 2023)
Last sale anchor
$9.60M
Nov 30 2023
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
$1,019 / 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
$1,545,844
Assessed 2024
Previous assessed
$1,545,844
+0.0% YoY
Assessed land
$1,173,000
Assessed improvement
$372,844
Land market value
$2,932,500
Improvement market value
$932,110
Total market value
$3,864,610
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1979
Heating
HEAT PUMP
Buildings
4
Stories
1
Total area
9,744 SF
Lot
3.6 ac (156,816 SF)
Zoning code
BC
APN
2-0127 -03-004
UPID
US22-1665566
Jurisdiction
CHATHAM
Zoning & alternative use
BC · Savannah, GAZoning BC · permitted uses
BC · Savannah, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning District R B
Building & site characteristics
From public records
Year built
1979
Heating
HEAT PUMP
Stories
1
Buildings
4
Lot
3.6 ac
Current owner
From public records · entity-resolved
5501 Abercorn St LLC
Entity
Mailing address
5501 ABERCORN ST, SAVANNAH, GA 31405-6911
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2023
$9,600,000
5501 Abercorn St LLC
J C Lewis Investment Company LLC
Warranty Deed
$6,291,600 · Celtic Bank
Nov 30, 2023
—
5501 Abercorn St LLC
J C Lewis Investment Company LLC
Quit Claim Deed
related
—
Jan 1, 2007
—
J C Lewis Investment Company L
Not Provided
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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