Back to Search
Property profile & analytics
FOR LEASE
Community centers
5525 Abercorn St Savannah, GA 31405
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-1112340
For Lease
1 / 3
$33 SF/Yr
5525 Abercorn St, Savannah, GA 31405
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2005
Total area
17,024 SF
Lot
6.8 ac (296,208 SF)
Zoning code
BC
APN
2-0130 -01-008
UPID
US22-1112340
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
-
J.Jill Clothing & Fashion Store
-
Talbots Clothing & Fashion Store
-
Ethan Allen Furniture & Home Goods Home Decor Store
-
LUSH Spa + Nail Salon Nail Salon
-
J.Crew Factory Clothing Store Children'S Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.13M
Blend (final)
Blend
$14.17M
Owner & transaction history
Abercorn Venture LLC · 4 yrs held
Abercorn Venture LLC
since 2022
Last sale
$16.9M
1 recorded transaction
Zoning & alternative use
BC · Savannah, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$9.8M
+64.3%
Industrial (general)
$9.4M
+56.7%
Restaurant
$9.3M
+55.9%
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
$12,745,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$9,815,000
Change: +64% · Conversion: Easy
INDUSTRIAL (GENERAL)
$9,360,000
Change: +57% · Conversion: Difficult
RESTAURANT
$9,310,000
Change: +56% · Conversion: Difficult
Blend value · Realmo final
$14.17M
Range $12.75M – $15.59M · ±10% · vs last sale $16.90M (Mar 9 2022)
Last sale anchor
$16.90M
Mar 9 2022
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
$832 / 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
$6,876,560
Assessed 2024
Previous assessed
$6,760,000
+1.7% YoY
Assessed land
$918,000
Assessed improvement
$5,958,560
Land market value
$2,295,000
Improvement market value
$14,896,400
Total market value
$17,191,400
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
2005
Heating
NONE
Buildings
6
Stories
1
Total area
17,024 SF
Lot
6.8 ac (296,208 SF)
Zoning code
BC
APN
2-0130 -01-008
UPID
US22-1112340
Jurisdiction
CHATHAM
Zoning & alternative use
BC · Savannah, GA
Zoning BC · permitted uses
BC · 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
$9.8M
INDUSTRIAL (GENERAL)
Est. value
$9.4M
RESTAURANT
Est. value
$9.3M
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
RESTAURANT
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
2005
Heating
NONE
Stories
1
Buildings
6
Lot
6.8 ac
Current owner
From public records · entity-resolved
Abercorn Venture LLC
Entity
Mailing address
9010 OVERLOOK BLVD, BRENTWOOD, TN 37027-5242
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2022
$16,900,000
Abercorn Venture LLC
Edens Limited Partnership
Limited Warranty Deed
$16,420,000 · Hancock Whitney 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
