Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    820 Abercorn St Savannah, GA 31401-5933

    • Medical Office Space
    • 3,758 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimations
    $890,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1540883
    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

    • Atlantic Investors / Real Estate Agency
    • Cushman & Wakefield / Real Estate Agency
    • Gilbert & Ezelle Commercial Real Estate, LLC / Real Estate Agency
    • Mainsail Construction / Construction Company / General Contractor

    Property Details for 820 Abercorn St

    Year built
    1956
    Lot size
    0.25 lot acres
    Property size
    3,758 SF
    Zone code
    RIP
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    2-0044 -14-007
    APU
    2004414007

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $795,000
      6.5%
      $735,000
      7%
      $680,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $856,000
      Market price range: $234k - $856k

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,190,000
      Current use
      AUTO REPAIR, GARAGE
      $1,480,000
      Change: +25% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,320,000
      Change: +11% Conversion: Difficult
      WAREHOUSE, STORAGE
      $1,220,000
      Change: +3% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.0941
    Latitude
    32.066
    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
    $133,680
    $283,560
    $417,240
    -
    $334,200
    $708,900
    $1,043,100

    Comparable in this City

    • Value Estimation by Request
      1,968 SF

      1310 Abercorn St

      MEDICAL BUILDING • 1,968 SF
      1310 Abercorn St, Savannah, GA 31401-6902
      View Details
    • Value Estimation by Request
      2,850 SF

      413 Duffy St

      MEDICAL BUILDING • 2,850 SF
      413 Duffy St, Savannah, GA 31401-6716
      View Details
    • Value Estimation
      $2,025,000
      16,747 SF

      1602 Drayton St

      MEDICAL BUILDING • 16,747 SF
      1602 Drayton St, Savannah, GA 31401-7526
      View Details
    • Value Estimation
      $635,000
      1,424 SF

      1901 Abercorn St

      MEDICAL BUILDING • 1,424 SF
      1901 Abercorn St, Savannah, GA 31401-8138
      View Details
    • Value Estimation by Request
      2,320 SF

      1601 Abercorn St

      MEDICAL BUILDING • 2,320 SF
      1601 Abercorn St, Savannah, GA 31401-7521
      View Details
    • Value Estimation
      $1,070,000
      7,264 SF

      2203 Abercorn St

      MEDICAL BUILDING • 7,264 SF
      2203 Abercorn St, Savannah, GA 31401-9027
      View Details

    Similar Nearby for Sale

    • $1,088,000
      2,729 SF

      Savannah Commercial Building For Sale

      Freestanding commercial building in Savannah's Streetcar District.
      2506 Barnard St, Savannah, GA 31401
      View Details
    • $2,450,000
      5,968 SF

      Downtown Savannah Office Building

      Move-in-ready office building in downtown Savannah with parking.
      1211 Bull St, Savannah, GA 31401
      View Details
    • New
      $895,000
      2,300 SF

      Mixed-Use Property in Streetcar District

      TC-1 zoned property with commercial potential in Savannah's Streetcar District.
      422 W 43Rd St, Savannah, GA 31401
      View Details
    • New
      $950,000
      1,782 SF

      Iconic Starland Victorian For Sale

      Landmark Victorian in Savannah's vibrant Starland neighborhood, offering diverse potential.
      11 E 41St St, Savannah, GA 31401
      View Details
    • Contact for pricing
      11,800 SF

      Historic Downtown Savannah Commercial Space

      6,202 SF commercial space in Historic Downtown Savannah for sale.
      215 E River St, Savannah, GA 31401
      View Details
    • $999,900
      3,708 SF

      Victorian Building in Savannah's Victorian District

      Two-level property suitable for professional or commercial use.
      420 E Bolton St, Savannah, GA 31401
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      55,560 SF

      Downtown Savannah Office Building

      Prestigious 10-story office space for lease
      24 Drayton St, Savannah, GA 31401
      View Details
    • $60 SF/Yr
      11,800 SF

      River Street Historic Office Space

      Prime Savannah Office, 6,202 SF Available
      215 River St, Savannah, GA 31401
      View Details
    • $29 SF/Yr
      1,230 SF

      Historic Downtown Savannah Office Space

      Two-story office space in lively downtown Savannah.
      118 Bull St, Savannah, GA 31401
      View Details
    • $35 SF/Yr
      2,643 SF

      Savannah Commercial Space in Starland

      Office/retail space in Savannah's vibrant Starland District, available November 2025.
      2517 Bull St, Savannah, GA 31401
      View Details
    • New
      $32 SF/Yr
      2,300 SF

      Savannah Commercial Space For Lease

      Two-story commercial building in Savannah's Streetcar District available for lease.
      422 W 43Rd St, Savannah, GA 31401
      View Details
    • New
      $32 SF/Yr
      2,300 SF

      Savannah Commercial Space For Lease

      Two-story commercial property in Savannah's Streetcar District available for lease.
      422 W 43Rd St, Savannah, GA 31401
      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.
    820 Abercorn St
    Savannah, GA 31401-5933
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!