794 King George Blvd Savannah, GA 31419-9549
- Day care centers
- 4,432 SF
- 0.46 lot acres
Current Use by Public Records
- Sonshine Learning Center / Learning Center / Preschool
Property Details for 794 King George Blvd
- Year built
- 1993
- Lot size
- 0.46 lot acres
- Property size
- 4,432 SF
- Zone code
- PUDCC
- Property type
- Day care centers
- APN
- 1-0993 -02-008
- APU
- 1099302008
Description
This exceptional turn-key daycare center in Savannah, GA, presents a unique investment opportunity. The 4,432 square foot building, constructed in 1993 and extensively renovated in 2023, sits on a 0.45-acre lot (APN: 10993 02008) and is zoned PUD-C. The property boasts seven classrooms, each equipped with newly installed hand sinks and vanities, new flooring, and a comprehensive video surveillance system with telecom capabilities. Additional features include a private management office, laundry facilities, and three outdoor playgrounds. All assets are included in the sale, encompassing furnishings, school supplies, three jungle gyms, and two storage buildings. The daycare is licensed for 76 students and has operated successfully since 2005. The building benefits from a dimensional roof (approx. 5 years old) and two HVAC units (approx. 7 years old), along with a new security system. Its prime location on King George Blvd, less than a quarter mile from Abercorn Street/Hwy 201, offers exceptional visibility and accessibility. Abercorn Street boasts a daily traffic count of 62,900 vehicles, providing significant exposure. The property's proximity to Riverwalk and Georgetown Crossing Apartments, Hunter Army Airfield, Georgia Southern University, and Richmond Hill further enhances its appeal. This is a rare opportunity to acquire a thriving, established business with significant growth potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $365,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $565,000
- 6.5%
- $545,000
- 7%
- $525,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $515,000
- Geo Method
- $555,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $470,000
- Retail
- $600,000
- Mixed-Use
- $480,000
- Hospitality
- $595,000
- Educational
- $545,000
- Residential Income
- $495,000
- Energy
- $445,000
- Income-Based Land
- $485,000
- Food Service
- $590,000
Location Insight
- Map
- Local Demand
- City
- Savannah
- County
- Chatham
- State
- Georgia
- Longitude
- -81.2146
- Latitude
- 31.9881
- CBSA code
- 42340
- CBSA name
- SAVANNAH, GA METROPOLITAN STATISTICAL AREA
