1 Colonial TrlSavannah, GA 31408

  • Office properties
  • 1,200 SF
For Sale
$650,000 View listing

Property Details for 1 Colonial Trl

Year built
1990
Lot size
0.29 AC
Property size (Sq ft)
1,200 SF
Zone code
C1
Property type
Office properties
Property subtype
Office buildings
APN
6-0008 -01-008
APU
6000801008

Description

This exceptional 1,200 square foot commercial property in Garden City, Georgia, presents a fantastic owner-user opportunity. Located at 1 Colonial Trail, Savannah, GA 31408, this single-story, 1990-built building sits on a 0.28-acre lot and boasts C-2 zoning, ideal for a variety of commercial uses, including medical, storefront, or traditional office spaces. The property features ample parking with 10 spaces, including a covered carport. Inside, you'll find two offices/bedrooms, two bathrooms (one with a shower), and a spacious open kitchen. Currently vacant, this property offers immediate occupancy. Its prime location offers convenient access to Savannah's ports, downtown, and beaches, making it an attractive investment in a thriving area. The property's APN is 60008 01008. This is a for-sale-by-owner listing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $248,657
    6.5%
    $229,529
    7%
    $213,134
  • Comparable approach

    Method
    Valuation
    Relative Method
    $107,279
    Geo Method
    $81,612
  • Alternative Use

    Use
    Valuation
    Residential
    $284,616
    Hospitality
    $260,707
    Educational
    $216,905
    Medical
    $224,365
    Retail
    $337,408
1 Colonial Trl, Savannah, Georgia

Location Insight

City
Garden City
County
Chatham
State
Georgia
Latitude
32.1127
Longitude
-81.1636
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
-
$27,520
$37,920
$65,440
-
$68,800
$94,800
$163,600

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