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Property profile & analytics
FOR LEASE
Banks
6999 Abercorn St Savannah, GA 31405
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1102649
For Lease
1 / 11
Contact for pricing
6999 Abercorn St, Savannah, GA 31405
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Property summary
AI-generated overview
This exceptional retail property in Savannah, GA, offers a free-standing, drive-thru ATM building on Abercorn Street, a major retail corridor with over 62,000 vehicles daily. The 4,200 square foot building, constructed in 1970, sits on a 1.14-acre lot (0.047 acres building footprint) and features a 12-foot ceiling height. Currently zoned BC, the property boasts multiple access points via Abercorn Street and Stephenson Avenue, with additional access from Hood Street providing direct access to White Bluff Road. The building, formerly a Wells Fargo bank, is currently undergoing conversion to an urgent care facility, leaving 361 square feet of vacant space. Its strategic location near the Wilson Gate at Hunter Army Air Field, Oglethorpe Mall, and numerous shopping, dining, and residential areas ensures high visibility and accessibility. The property offers convenient access to all areas of Savannah, including Downtown, Midtown, and the beaches. The building consists of two suites, and the property has a 268-foot frontage. Chatham County APN: 20144 04003.
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1967
Total area
3,904 SF
Lot
1.14 ac (49,658 SF)
Zoning code
BC
APN
2-0144 -04-003
UPID
US22-1102649
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
-
Wells Fargo ATM Atm
-
MainStreet Family Care Medical Clinic
-
KidsStreet Urgent Care Medical Clinic
-
Wells Fargo Advisors Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$420k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$600k
Blend (final)
Blend
$420k
Owner & transaction history
Orion Venture Wells LLC · 10 yrs held
Orion Venture Wells LLC
since 2016
1 recorded transaction
Zoning & alternative use
BC · Savannah, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning District R B
Top alternative use upside
Medical building
$730,000
+41.5%
Retail stores
$585,000
+12.8%
Auto repair, garage
$545,000
+4.9%
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
$420,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$515,000
Current use
MEDICAL BUILDING
$730,000
Change: +42% · Conversion: Difficult
RETAIL STORES
$585,000
Change: +13% · Conversion: Difficult
AUTO REPAIR, GARAGE
$545,000
Change: +5% · Conversion: Difficult
OFFICE BUILDING
$510,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$420k
Range $378k – $462k · ±10%
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
$108 / 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
$526,280
Assessed 2024
Previous assessed
$529,640
-0.6% YoY
Assessed land
$436,880
Assessed improvement
$89,400
Land market value
$1,092,200
Improvement market value
$223,500
Total market value
$1,315,700
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
Banks
Use group
FINANCIAL BUILDING
Status
For Lease
Year built
1967
Heating
HEAT PUMP
Buildings
3
Stories
1
Total area
3,904 SF
Lot
1.14 ac (49,658 SF)
Zoning code
BC
APN
2-0144 -04-003
UPID
US22-1102649
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
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$515,000
MEDICAL BUILDING
Est. value
$730,000
RETAIL STORES
Est. value
$585,000
AUTO REPAIR, GARAGE
Est. value
$545,000
OFFICE BUILDING
Est. value
$510,000
FINANCIAL BUILDING Current
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1967
Heating
HEAT PUMP
Stories
1
Buildings
3
Lot
1.14 ac
Current owner
From public records · entity-resolved
Orion Venture Wells LLC
Entity
Mailing address
22 MULBERRY BLF DR, SAVANNAH, GA 31406-3269
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
May 9, 2016
$1,123,622
Orion Venture Wells LLC
First State Investors 4000
Warranty Deed
$13,000 · Privatebank And Trust
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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