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Property profile & analytics

5772 Waters Ave Savannah, GA 31404-6240

  • Banks
  • 5,600 SF
  • 0.30 lot acres
OFF-MARKET
Value Estimation
$400,000
Location Intelligence
Property ID
US22-1816462
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

  • Bank of America (with Drive-thru services) / Financial Planner / Bank

Property Details for 5772 Waters Ave

Year built
1962
Lot size
0.30 lot acres
Property size
5,600 SF
Zone code
BN
Property type
Banks
APN
2-0114 -29-015
APU
2011429015

Description

This exceptional 5,900-square-foot commercial property, located at 5772 Waters Avenue in Savannah, Georgia, presents a unique investment opportunity. The two-story building, constructed in 1962 and renovated in 2020, boasts a Class B rating and offers versatile space ideal for traditional office or medical office use. The property features a single tenancy, 27 parking spaces, and a convenient location in the Medical Arts submarket cluster. The building includes a 10-foot ceiling height, one hydraulic passenger elevator, and 277/480 power. The zoning is Commercial/Business, and the property sits on one acre of land. The building's layout is adaptable, with each floor comprising 2,950 square feet, and a three-bay drive-through (potentially enclosable) adding an additional 1,200 square feet to the first floor. The property can be leased as a whole or subdivided into multiple suites. A lobby with an elevator and restroom enhances the building's functionality. Its prime location along Waters Avenue, a major arterial road, ensures high visibility and convenient access to Truman Parkway and Eisenhower Drive, attracting both local and commuter traffic. The property's proximity to shopping centers, restaurants, and healthcare services further enhances its appeal. Property taxes are $2 per square foot. The APN is 2011429015 & 2011429014.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $395,000
  • CAP approach

    CAP return
    Estimation
    6%
    $380,000
    6.5%
    $385,000
    7%
    $435,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $420,000
    Geo Method
    $425,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $425,000
    Retail
    $510,000
    Mixed-Use
    $435,000
    Hospitality
    $415,000
    Educational
    $425,000
    Residential Income
    $395,000
    Energy
    $455,000
    Income-Based Land
    $430,000
    Food Service
    $435,000

Location Insight

  • Map
  • Local Demand
City
Savannah
County
Chatham
State
Georgia
Longitude
-81.0941
Latitude
32.0252
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
$75,400
$438,520
$513,920
-
$188,500
$1,096,300
$1,284,800
More about this property
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