2749 Skidaway RdSavannah, GA 31404

Property Details for 2749 Skidaway Rd

Year built

1968

Lot size

0.98 AC

Property size (Sq ft)

7,193 SF

Zone code

BC

Property type

Drive through restaurants

APN

2-0083 -03-004C

APU

2008303004C

Description

This exceptional 7,193-square-foot retail space, formerly a Krispy Kreme, presents a remarkable investment opportunity in the heart of Savannah, Georgia. Located at 2749 Skidaway Rd, Savannah, GA 31404, this property boasts a prime corner lot with excellent visibility and accessibility. The building features a convenient drive-thru, ample parking, and deeded access to Victory Drive, ensuring high traffic flow and convenient customer access. The property is zoned B-C, offering flexibility for a variety of businesses and franchises. The asking price is $2,600,000, translating to $361.46 per square foot. This vacant space offers a blank canvas for a new venture, with the owner open to exploring both ground lease and NNN lease options, providing flexibility for potential tenants. The strategic location, combined with the building's features and the owner's willingness to negotiate lease terms, makes this a truly compelling opportunity for savvy investors and entrepreneurs seeking a high-impact commercial property in a thriving Savannah market. The property is situated in Chatham County and offers significant potential for a variety of commercial uses.

• CAP approach

  CAP return

  Valuation

  6%

  $1,728,910

  6.5%

  $1,595,920

  7%

  $1,481,920

• Comparable approach

  Method

  Valuation

  Relative Method

  $668,772

  Geo Method

  $508,764

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,138,330

  Mixed-Use / Specialty

  $1,579,670

  Hospitality / Lodging

  $1,145,200

  Office

  $1,559,280

  Institutional / Educational

  $1,638,440

  Residential Income

  $1,916,980

  Multifamily

  $2,357,670

  Automotive / Energy

  $1,404,380

  Parking / Income-Based Land

  $495,069

  Restaurant / Food Service

  $799,056

  Healthcare / Senior Housing

  $1,630,750

Location Insight

City

Savannah

County

Chatham

State

Georgia

Latitude

32.0401

Longitude

-81.0653

CBSA code

42340

CBSA name

SAVANNAH, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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