24 Drayton StSavannah, GA 31401

Property Details for 24 Drayton St

Year built

1921

Lot size

0.14 AC

Property size (Sq ft)

5,972 SF

Zone code

BC1

Property type

Office properties

Property subtype

Office buildings

APN

2-0004 -24-003

APU

2000424003

Description

The Realty Building, located at 24 Drayton Street in Savannah, Georgia, offers exceptional office space in the heart of the Central Business District. This Class B, 55,560 square foot building, constructed in 1921, boasts ten stories and provides stunning views of the city. Its prime location between Johnson and Reynolds Squares places businesses within easy reach of Savannah's most vibrant commercial activity. The building's multiple tenancy structure offers flexibility for businesses of various sizes. The Realty Building is a prominent landmark in Savannah, offering a prestigious address and a professional environment. The property type is categorized as Retail and Office, with subtypes including Traditional Office, Executive Office, Professional, and Retail. This historic building provides a unique opportunity to establish a presence in a thriving downtown location. The building's convenient location on Savannah's main artery ensures high visibility and accessibility for both businesses and clients. Secure your business's future in this iconic Savannah building while space remains available. Chatham County location and zip code 31401.

• CAP approach

  CAP return

  Valuation

  6%

  $1,237,481

  6.5%

  $1,142,290

  7%

  $1,060,698

• Comparable approach

  Method

  Valuation

  Relative Method

  $533,893

  Geo Method

  $406,156

• Alternative Use

  Use

  Valuation

  Residential

  $1,416,440

  Hospitality

  $1,297,452

  Educational

  $1,079,464

  Medical

  $1,116,589

  Retail

  $1,679,167

Location Insight

City

Savannah

County

Chatham

State

Georgia

Latitude

32.0798

Longitude

-81.0902

CBSA code

42340

CBSA name

SAVANNAH, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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