C14-7505 Waters Avenue Ct Savannah, GA 31406
Rare opportunity to acquire up to 4, 214 square feet of office condominium space comprised of five combined units (9, 10, 11, 12 & 14) in the highly sought-after Park South Office Complex. The common walls between the units have been opened with cased openings, creating a connected and functional layout while still allowing the units to remain clearly defined and easily reconfigured if desired. The space includes two downstairs units and three upstairs units with three private exterior front entrances, front-door parking, and no shared interior hallways. Each unit maintains its own HVAC system, water heater, and private half bath, allowing for independent operation. The middle upstairs unit currently features a kitchenette that can easily be converted back to office space, and Unit 14, an upstairs end unit, offers a pleasant view overlooking the corner park. The building roof was recently replaced, and the layout is ideal for therapists, medical providers, attorneys, consultants, or any business requiring a flexible office configuration. The owner is willing to sell the entire combined space or alternatively sell Unit 11 individually, Units 9 & 10 together, or Units 12 & 14 together for a lesser purchase price. HOA dues will be $170 per month beginning in January and include landscaping, exterior repairs, parking lot maintenance, and the roof. Centrally located among established neighboring businesses in a high-demand commercial corridor, this is an excellent opportunity for an owner-occupant or investor seeking low-maintenance office space in a high-traffic Savannah location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.