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Property profile & analytics
OFF-MARKET
Assisted living facilities
8510 Waters Ave Savannah, GA 31406-6052
Entity Owned
Free & Clear
Property ID
US22-3232322
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1982
Total area
5,000 SF
Lot
0.88 ac (38,333 SF)
Zoning code
C
APN
2-0495 -05-009A
UPID
US22-3232322
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
-
Supportive Living State Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
CHATHAM ASSOCIATION RESIDENTIAL SERV ICES
CHATHAM ASSOCIATION RESIDENTIAL SERV ICES
Zoning & alternative use
C · Savannah, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
District is established to preserve and protect native habitats, wilderness areas, watersheds, groundwater recharge areas, open spaces, parklands unless otherwise zoned and scenic areas.
Zone name
Conservation
General category
OPEN_SPACE
Zone area
1,432.97 ac
Source
Realmo
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$369,320
Assessed 2024
Previous assessed
$385,760
-4.3% YoY
Assessed land
$276,000
Assessed improvement
$93,320
Land market value
$690,000
Improvement market value
$233,300
Total market value
$923,300
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1982
Heating
NONE
Buildings
3
Stories
2
Total area
5,000 SF
Lot
0.88 ac (38,333 SF)
Zoning code
C
APN
2-0495 -05-009A
UPID
US22-3232322
Jurisdiction
CHATHAM
Zoning & alternative use
C · Savannah, GAZoning C · permitted uses
C · Savannah, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
District is established to preserve and protect native habitats, wilderness areas, watersheds, groundwater recharge areas, open spaces, parklands unless otherwise zoned and scenic areas.
Zone name
Conservation
General category
OPEN_SPACE
Zone area
1,432.97 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Stories
2
Buildings
3
Lot
0.88 ac
Current owner
From public records · entity-resolved
CHATHAM ASSOCIATION RESIDENTIAL SERV ICES
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 13625, SAVANNAH, GA 31416-0625
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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