1064 King George BlvdSavannah, GA 31419

  • Retail properties
  • 10,520 SF
For Lease

Property Details for 1064 King George Blvd

Year built
2012
Lot size
1.47 AC
Property size (Sq ft)
10,520 SF
Zone code
PUDC
Property type
Retail properties
Property subtype
Retail space
APN
1-0993 -03-016
APU
1099303016

Description

This exceptional 8,000-square-foot retail space is ideally situated at 1064 King George Boulevard in Savannah, Georgia, within Chatham County. The property is currently vacant and offers a single-tenant occupancy opportunity, presenting a blank canvas for a discerning business owner. The entire 8,000 square feet is available for lease, providing ample space for a variety of retail concepts. The building's location within Savannah offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a high-traffic area. The property's classification as commercial retail ensures its suitability for a wide range of retail uses, from boutiques and specialty stores to larger-format retail operations. This prime location in Chatham County, Georgia, provides easy access to major transportation routes and a thriving local community. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. Interested parties are encouraged to inquire further to explore the possibilities this exceptional retail space offers. The property is located at 31.9846733 latitude and -81.2211713 longitude, with a zip code of 31419. This presents a unique chance to establish a strong retail presence in a vibrant Savannah location. The property is categorized as a single-tenant building, ensuring exclusive use and control of the entire space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,204,439
    6.5%
    $2,957,943
    7%
    $2,746,662
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,370,014
    Geo Method
    $1,802,972
  • Alternative Use

    Use
    Valuation
    Residential
    $2,495,136
    Hospitality
    $2,285,531
    Educational
    $1,901,535
    Medical
    $1,966,932
    Retail
    $2,957,943
1064 King George Blvd, Savannah, Georgia

Location Insight

City
Savannah
County
Chatham
State
Georgia
Latitude
31.9846
Longitude
-81.221
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
-
$217,720
$589,880
$807,600
-
$544,300
$1,474,700
$2,019,000

FAQs

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