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

    9203 Ferguson Ave Savannah, GA 31406-6325

    • Specialty properties
    • 4,943 SF
    • 6.28 lot acres
    OFF-MARKET
    Value Estimations
    $855,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-2218624
    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

    • Forest City Gun Club / Nightclub / Music Venue

    Property Details for 9203 Ferguson Ave

    Year built
    1986
    Construction
    FRAME
    Lot size
    6.28 lot acres
    Property size
    4,943 SF
    Zone code
    RA1
    Property type
    Specialty properties
    APN
    1-0442 -02-004
    APU
    1044202004

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
      $755,000
      Current use
      OFFICE BUILDING
      $960,000
      Change: +27% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $875,000
      Change: +16% Conversion: Difficult
      MEDICAL BUILDING
      $735,000
      Change: -2% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $690,000
      Change: -9% Conversion: Difficult
      RETAIL STORES
      $670,000
      Change: -11% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Savannah
    County
    Chatham
    State
    Georgia
    Longitude
    -81.093
    Latitude
    31.9731
    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
    $69,080
    $693,560
    $762,640
    -
    $172,700
    $1,733,900
    $1,906,600

    Comparable in this City

    • Value Estimation
      $5,975,000
      1,252 SF

      50 Blf Dr

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,252 SF
      50 Blf Dr, Savannah, GA 31406-7517
      View Details
    • Value Estimation
      $1,300,000
      42,536 SF

      115 Tibet Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS • 42,536 SF
      115 Tibet Ave, Savannah, GA 31406-5542
      View Details
    • Value Estimation by Request
      9,197 SF

      111 Eisenhower Dr

      VETERINARY, ANIMAL HOSPITAL • 9,197 SF
      111 Eisenhower Dr, Savannah, GA 31406-2503
      View Details
    • Value Estimation by Request
      1,104 SF

      9630 Lehigh Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,104 SF
      9630 Lehigh Ave, Savannah, GA 31406-8524
      View Details
    • Value Estimation by Request
      11,648 SF

      6412 Waters Ave

      CHARITABLE ORGANIZATION • 11,648 SF
      6412 Waters Ave, Savannah, GA 31406-2712
      View Details
    • Value Estimation
      $575,000
      14,472 SF

      2202 Norwood Ave

      CHARITABLE ORGANIZATION • 14,472 SF
      2202 Norwood Ave, Savannah, GA 31406-5109
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,429 SF

      Prime Commercial Land on Waters

      Commercial property with high potential on Waters Avenue.
      6725 Waters Ave, Savannah, GA 31406
      View Details
    • $449,000
      2,300 SF

      Sandfly Rental Property Opportunity

      Investment property featuring two units near downtown Sandfly, Georgia.
      8621 Ferguson Ave, Savannah, GA 31406
      View Details
    • Contact for pricing
      12,616 SF

      Prime Development Land with Building

      4.8 acres with a 12,616 SF multi-purpose building.
      309 Tibet Ave, Savannah, GA 31406
      View Details
    • Contact for pricing
      2,800 SF

      Absolute NNN Lease Opportunity

      15-year term, corporate guarantee in high barrier to entry market.
      203 Mall Blvd, Savannah, GA 31406
      View Details
    • Contact for pricing
      11,641 SF

      Savannah Collision Center Investment Opportunity

      NNN leased collision center with over eight years remaining.
      329 E Montgomery Xrd, Savannah, GA 31406
      View Details
    • $1,325,000
      7,500 SF

      Savannah Commercial Building on Abercorn

      Two-story, 7,500 sq ft building on 0.43 acres.
      8890 Abercorn St, Savannah, GA 31406
      View Details

    Similar Nearby for Lease

    • $2,400 /Mo
      725 SF

      Remodeled Office Suite For Rent

      Bright, remodeled office suite ideal for medical or professional use.
      340 Eisenhower Dr Unit 1600, Savannah, GA 31406
      View Details
    • Contact for pricing

      Remodeled Office Suite For Rent

      Bright, remodeled office suite ideal for medical or professional use.
      340 Eisenhower Dr, Savannah, GA 31406
      View Details
    • $20 SF/Yr
      1,900 SF

      Available Office Suites for Lease

      Office suites available for lease with great parking and signage.
      42 W Montgomery Xrd, Savannah, GA 31406
      View Details
    • New
      $1,550 /Mo
      1,073 SF

      Savannah Office Condo For Rent

      Corner office condo in White Bluff Business Park available now.
      9100 White Bluff Rd, Savannah, GA 31406
      View Details
    • Contact for pricing

      Land for Lease Savannah

      Land available for lease at 110 Mall Blvd, Savannah.
      110 Mall Blvd, Savannah, GA 31406
      View Details
    • Contact for pricing
      1,520 SF

      Office Condo with Private Offices

      Office condo featuring private offices and ample parking.
      413 W Montgomery Xrd, Savannah, GA 31406
      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.
    9203 Ferguson Ave
    Savannah, GA 31406-6325
    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!