Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    6 Magnolia Blvd Savannah, GA 31407-3449

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6 Magnolia Blvd Savannah, GA 31407-3449

    View on Map
    • Strip malls
    • 8,525 SF
    • 1.05 lot acres
    Off-Market
    Property ID
    US22-0685454
    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.
    Value Estimations
    $1,705,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • EthniCity Food Mart / Food Market / Farmer's Market
    • Port City Spirit / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
    • Vigo / Bank / Credit Union
    • Edward Jones - Financial Advisor: Victoria I Waters / Financial Advisor
    • AT&T Store / Telecommunications Service

    Property Details for 6 Magnolia Blvd

    Year built
    2019
    Lot size
    1.05 lot acres
    Property size
    8,525 SF
    Zone code
    PUD
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    7-0906 -04-031
    APU
    7090604031

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,995,000
      6.5%
      $1,840,000
      7%
      $1,710,000

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $2,765,000
      MEDICAL BUILDING
      $2,695,000
      RETAIL STORES
      $2,590,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.1988
    Latitude
    32.2135
    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
    $200,680
    $437,000
    $637,680
    -
    $501,700
    $1,092,500
    $1,594,200

    Comparable in this City

    • Value Estimation by Request
      4,100 SF

      2 Magnolia Blvd

      SHOPPING CENTER, STRIP CENTER • 4,100 SF
      2 Magnolia Blvd, Savannah, GA 31407-3428
      View Details
    • Value Estimation
      $1,970,000
      8,710 SF

      802 Crossgate Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 8,710 SF
      802 Crossgate Rd, Savannah, GA 31407-1815
      View Details
    • Value Estimation
      $1,330,000
      10,800 SF

      7306 Ga Hwy 21st Ste, Unit 103

      MINI-MALL • 10,800 SF
      7306 Ga Hwy 21st Ste, Port Wentworth, GA 31407-9275
      View Details
    • Value Estimation by Request
      88,000 SF

      440 Meinhard Rd

      Airport retail • 88,000 SF
      440 Meinhard Rd, Port Wentworth, GA 31407
      View Details
    • Value Estimation by Request
      2,604 SF

      Exciting Restaurant Franchise Opportunity

      Restaurants • 2,604 SF
      0 Exciting Restaurant Franchise Opportunity, Port Wentworth, GA 31407
      View Details
    • Value Estimation
      $2,840,000
      11,567 SF

      1900 Benton Blvd

      GROCERY, SUPERMARKET • 11,567 SF
      1900 Benton Blvd, Savannah, GA 31407-0403
      View Details

    Similar Nearby for Sale

    • $375,000
      0.80 Acres

      Prime Commercial Land on Highway 21

      High-visibility commercial land parcel on a major highway.
      7538 Ga Highway 21, Port Wentworth, GA 31407
      View Details
    • $395,000
      1.74 Acres

      Savannah Commercial Land For Sale

      1.74 acre commercial lot suitable for warehouse or retail.
      160 Basswood Dr, Savannah, GA 31407
      View Details
    • $1,100,000
      1,500 SF

      Highway 21 Commercial Opportunity

      Commercial property near new developments with high traffic count.
      7962 Ga Highway 21, Port Wentworth, GA 31407
      View Details
    • New
      $700,000
      2.52 Acres

      Port Wentworth Commercial Land Opportunity

      2.52 acres in a high-growth area near I-95.
      630 Meinhard Road Ext, Port Wentworth, GA 31407
      View Details
    • Contact for pricing

      Port Wentworth Commercial Opportunity

      2.52 acre commercial property in a high-growth area.
      630 Meinhard Rd, Port Wentworth, GA 31407
      View Details
    • $1,620,000
      Pending

      Savannah Commercial Land For Sale

      3.6 acres ideal for medical, storage, or retail development.
      149 Shellbark Way, Savannah, GA 31407
      View Details

    Similar Nearby for Lease

    • $35 SF/Yr
      118,483 SF

      Retail Center Near I-95

      New retail center near I-95, opening mid-2026.
      200 Basswood St, Savannah, GA 31407
      View Details
    • Contact for pricing

      New Retail Center, Fall 2025

      New shopping center with 8-9 retail units, opening Fall 2025.
      485 Jimmy Deloach Pkwy, Savannah, GA 31407
      View Details
    • $3,500 /Mo
      4,259 SF

      Port Wentworth Commercial Space Available

      Shell space in high-demand location near Savannah ports.
      711 Crossgate Rd, Port Wentworth, GA 31407
      View Details
    • $1,800 /Mo
      1,160 SF

      Adaptable Commercial Space For Rent

      Versatile commercial property with open space, kitchen, and full bathroom.
      709 Crossgate Rd, Port Wentworth, GA 31407
      View Details
    • Contact for pricing

      Industrial Development Project For Lease

      Multi-phase industrial development project offering space for lease.
      Old Augusta Rd 3, Port Wentworth, GA 31407
      View Details
    • Contact for pricing
      14,000 SF

      Port Wentworth Industrial Space Available

      14,000 SF industrial space with high and low bay shops.
      3 Birkenhead Rd, Port Wentworth, GA 31407
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6 Magnolia Blvd
    Savannah, GA 31407-3449
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    6 Magnolia Blvd, Savannah, GA, 31407

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!