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Property profile & analytics
OFF-MARKET
Estimated value
$5,630,000
Medical Office Space
7208 Hodgson Memorial Dr Savannah, GA 31406-2512
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-1399913
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2004
Total area
18,560 SF
Lot
2.3 ac (100,188 SF)
Zoning code
PBC
APN
2-0533 -02-003
UPID
US22-1399913
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
-
Joy & Vitality Inc Medical Clinic Alternative Medicine Practice
-
Skin Institute Medical Clinic Skin Care Clinic
-
Rene Meier Inc Hair Salon
-
Luke J Curtsinger III MD Physician Medical Clinic
-
Savannah Plastic Surgery Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.12M
CAP Approach
CAP
$3.63M
Comparable Approach
Comparable
$7.73M
Blend (final)
Blend
$5.63M
Owner & transaction history
Cvs Hodgson LLC · 1 yrs held
Cvs Hodgson LLC
since 2025
Last sale
$7.0M
7 recorded transactions
Zoning & alternative use
PBC · Savannah, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$7.3M
+24.7%
Neighborhood: shopping center
$6.5M
+11.0%
Warehouse, storage
$6.0M
+2.6%
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
$5,125,000
ML approach
$5,115,000
CAP Approach
CAP Return
Estimation
6%
$3,930,000
6.5%
$3,630,000
7%
$3,370,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$5,865,000
Current use
AUTO REPAIR, GARAGE
$7,315,000
Change: +25% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,510,000
Change: +11% · Conversion: Difficult
WAREHOUSE, STORAGE
$6,015,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$5.63M
Range $5.07M – $6.19M · ±10% · vs last sale $7.00M (Feb 18 2025)
Last sale anchor
$7.00M
Feb 18 2025
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
$303 / 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
$1,845,000
Assessed 2024
Previous assessed
$1,956,200
-5.7% YoY
Assessed land
$721,360
Assessed improvement
$1,123,640
Land market value
$1,803,400
Improvement market value
$2,809,100
Total market value
$4,612,500
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2004
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
18,560 SF
Lot
2.3 ac (100,188 SF)
Zoning code
PBC
APN
2-0533 -02-003
UPID
US22-1399913
Jurisdiction
CHATHAM
Zoning & alternative use
PBC · Savannah, GA
Zoning PBC · permitted uses
PBC · 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
MEDICAL BUILDING Current
Est. value
$5.9M
AUTO REPAIR, GARAGE
Est. value
$7.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.5M
WAREHOUSE, STORAGE
Est. value
$6.0M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
2004
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
2.3 ac
Current owner
From public records · entity-resolved
Cvs Hodgson LLC
Entity
Mailing address
7208 HODGSON MEMORIAL DR, SAVANNAH, GA 31406-2512
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2025
—
Cvs Hodgson LLC
—
Deed
related
$5,500,000 · Southstate Bank
Feb 18, 2025
$7,000,000
Cvs Hodgson LLC
Drbld LLC
Warranty Deed
$7,200,000 · Truist Bank
Feb 18, 2025
—
Cvs Hodgson LLC
Drbld LLC
Quitclaim Deed
related
—
Apr 25, 2024
—
Drbld LLC
Swv LLC
Quit Claim Deed
related
—
Nov 2, 2020
$375,000
Drcbp LLC
Drcbp LLC
Warranty Deed
related
—
Jan 31, 2015
—
Brcbp LLC Ea
Swv LLC Ea
Warranty Deed
—
Jan 29, 2015
—
Swv LLC
Drler LLC
Warranty 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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