4119 Montgomery StSavannah, GA 31405

Property Details for 4119 Montgomery St

Year built

1983

Lot size

0.49 AC

Property size (Sq ft)

1,763 SF

Zone code

RM25

Property type

Retail properties

Property subtype

Drive through restaurants

APN

2-0093 -14-013

APU

2009314013

Description

This exceptional 1,763-square-foot retail space is ideally situated at 4119 Montgomery Street in Savannah, Georgia, within Chatham County. The property boasts a single-tenant occupancy, offering a blank canvas for a wide range of commercial ventures. The building sits on a sizable 0.49-acre lot, providing ample space and potential for expansion or outdoor amenities. The zoning is designated as commercial, ensuring flexibility for various business types. The entire 1,763 square feet is currently vacant, presenting a unique opportunity for immediate occupancy and customization to suit a specific business model. The property's address is 4119 Montgomery St, Savannah, GA 31405. Its convenient location within Savannah offers excellent visibility and accessibility for customers. The property's size and location make it an attractive investment opportunity for entrepreneurs and businesses seeking a prominent presence in a thriving market. The building's single-tenant configuration simplifies management and allows for a streamlined lease agreement. This property is ready for immediate development and offers significant potential for return on investment. The property's location in Chatham County, Georgia, provides access to a robust local economy and a diverse customer base. This is a rare opportunity to acquire a well-located, sizable retail space in a desirable area of Savannah.

• CAP approach

  CAP return

  Valuation

  6%

  $537,018

  6.5%

  $495,709

  7%

  $460,301

• Comparable approach

  Method

  Valuation

  Relative Method

  $397,180

  Geo Method

  $302,152

• Alternative Use

  Use

  Valuation

  Residential

  $418,149

  Hospitality

  $383,022

  Educational

  $318,670

  Medical

  $329,629

  Retail

  $495,709

Location Insight

City

Savannah

County

Chatham

State

Georgia

Latitude

32.0425

Longitude

-81.11

CBSA code

42340

CBSA name

SAVANNAH, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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