1711 Victory DrSavannah, GA 31404

Property Details for 1711 Victory Dr

Year built

1961

Lot size

0.44 AC

Property size (Sq ft)

11,372 SF

Zone code

BH

Property type

Retail properties

Property subtype

Retail space

APN

2-0078 -12-018

APU

2007812018

Description

This Savannah, Georgia retail property, located at 1711 E Victory Dr (31404), offers 11,372 square feet of space in a multi-tenant building. The property is divisible into two approximately 5,600 square foot units. Built in 1961, the Class C building sits on a 0.44-acre lot and features 12 surface parking spaces. Recent improvements include new restrooms, a new HVAC system, and exterior upgrades. The property is zoned BC and has a building floor area ratio (FAR) of 0.59. An illuminated pylon sign is available. The space is immediately available and offers the possibility of additional parking in a rear lot. Long-term lease options are available. The property's parcel number (APN) is 2007812018.

• CAP approach

  CAP return

  Valuation

  6%

  $3,463,962

  6.5%

  $3,197,503

  7%

  $2,969,110

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,561,958

  Geo Method

  $1,948,992

• Alternative Use

  Use

  Valuation

  Residential

  $2,697,214

  Hospitality

  $2,470,633

  Educational

  $2,055,538

  Medical

  $2,126,231

  Retail

  $3,197,503

Location Insight

City

Savannah

County

Chatham

State

Georgia

Latitude

32.0443

Longitude

-81.0729

CBSA code

42340

CBSA name

SAVANNAH, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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