1 Colonial TrlSavannah, GA 31408

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 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.

• 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

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

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