821 71St StSavannah, GA 31405

  • Office properties
  • 1,800 SF
For Lease
$28.65/SF/YR View listing

Property Details for 821 71St St

Year built
1970
Lot size
0.18 AC
Property size (Sq ft)
1,800 SF
Zone code
BG
Property type
Office properties
Property subtype
Office buildings
APN
2-0114 -28-004
APU
2011428004

Description

This exceptional 1,885 square foot standalone office building is located in Savannah, Georgia's Medical Arts District, at the corner of East 71st Street and Sutlive Street. Benefitting from high visibility and accessibility between Memorial Health University Medical Center and St. Joseph's Candler Hospital, this property boasts a prime location within a densely populated area (over 9,000 residents within a 7-mile radius). The recently updated building features a private parking lot with ten spaces, dual entrances, a welcoming lobby and spacious reception area. The interior includes six private offices, a large break room with a kitchenette, and two restrooms. The flexible layout allows for easy reconfiguration to meet diverse business needs, with the potential to easily remove or adjust interior walls. The single-tenant occupancy offers a unique opportunity for a business seeking a well-appointed, conveniently located space in a thriving medical district. The property's address is 821 E 71st St, Savannah, GA 31405.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $372,985
    6.5%
    $344,294
    7%
    $319,701
  • Comparable approach

    Method
    Valuation
    Relative Method
    $160,919
    Geo Method
    $122,418
  • Alternative Use

    Use
    Valuation
    Residential
    $426,924
    Hospitality
    $391,060
    Educational
    $325,358
    Medical
    $336,547
    Retail
    $506,112
821 71St St, Savannah, Georgia

Location Insight

City
Savannah
County
Chatham
State
Georgia
Latitude
32.0261
Longitude
-81.0954
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
-
$40,000
$56,200
$96,200
-
$100,000
$140,500
$240,500

FAQs

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