2175 Benton BlvdSavannah, GA 31407

Property Details for 2175 Benton Blvd

Year built

2016

Lot size

4.78 AC

Property size (Sq ft)

4,800 SF

Zone code

PUDC

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

2-1016 -02-125

APU

2101602125

Description

This exceptional 1.07-acre commercial land parcel presents a prime development opportunity in Savannah, Georgia. Located at 2175 Benton Blvd, in Chatham County, zip code 31407, this property boasts a highly desirable location at the intersection of Benton Boulevard and Highlands. The expansive lot size offers significant potential for a variety of commercial ventures. The asking price for this strategically positioned land is $819,000. Given its size and location, this property is well-suited for developers seeking to capitalize on Savannah's thriving commercial market. The property's coordinates are 32.1777147 latitude and -81.2292687 longitude. This presents a rare chance to acquire a substantial piece of land in a high-growth area. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is classified as commercial land and is ready for immediate development. Its prime location offers excellent visibility and accessibility, making it an attractive investment for businesses seeking a strong presence in Savannah. The 1.07-acre lot provides ample space for a variety of commercial projects, from retail spaces to office buildings. This is a unique opportunity to secure a significant piece of commercial real estate in a dynamic and growing city.

• CAP approach

  CAP return

  Valuation

  6%

  $1,462,101

  6.5%

  $1,349,632

  7%

  $1,253,230

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,081,375

  Geo Method

  $822,649

• Alternative Use

  Use

  Valuation

  Residential

  $1,138,465

  Hospitality

  $1,042,828

  Educational

  $867,621

  Medical

  $897,459

  Retail

  $1,349,632

Location Insight

City

Savannah

County

Chatham

State

Georgia

Latitude

32.1777

Longitude

-81.2297

CBSA code

42340

CBSA name

SAVANNAH, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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