A | 2701 Ogeechee Rd
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A 2701 Ogeechee Rd
2,778 SF Vacant Retail Building Savannah, GA 31405 £3,208,045 (£1,155/SF)
Investment Highlights
- Prime Location: Positioned at the intersection of Ogeechee Road and Victory Drive, capturing daily traffic of 17,700 vehicles
- Strong Financials: Averages $3.5M in gross annual sales with an impressive 22% net profit margin
- Expansion Potential: Room for growth with space for additional retail, food trucks, or other ventures, complemented by a loyal customer base
- Turnkey Operation: Modern facility built in 2016 with six efficient pumps and all FF&E included, on a spacious .56 acre lot
- Additional Income Source: Includes a profitable tire shop leased for $30,000/year, adding a stable revenue stream
- Strategic Investment Opportunity: Located in rapidly growing Savannah, this gas station offers immediate returns and long-term growth potential
Executive Summary
Positioned on a hard corner at Ogeechee Road & Victory Drive. This extremely profitable gas station is on prime commercial real estate. Daily traffic count is in excess of 17,700 vehicles. Low competition and the station uniquely captures multi-directional traffic. Property is in excellent condition and features 6 pumps. Significant local developments, including port expansion and urban development projects, signal growth and increased demand, promising to boost future profitability. This investment is a rare find in today’s market, presenting a clear path to high returns. Seller financing is available. All FF&E included in sale. This is a proven business with substantial upside representing an ideal addition to a portfolio for investors & operators seeking a solid presence in Savannah. Seize this opportunity to capitalize on the economic growth of Savannah. Contact us today and make this property your own.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£23,474
|
£8.45
|
| Other Income |
£2,661,242
|
£957.97
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£2,684,715
|
£966.42
|
| Taxes |
£5,259
|
£1.89
|
| Operating Expenses |
£2,072,243
|
£745.95
|
| Total Expenses |
£2,077,502
|
£747.84
|
| Net Operating Income |
£607,213
|
£218.58
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | £23,474 |
| Annual Per SF | £8.45 |
| Other Income | |
|---|---|
| Annual | £2,661,242 |
| Annual Per SF | £957.97 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £2,684,715 |
| Annual Per SF | £966.42 |
| Taxes | |
|---|---|
| Annual | £5,259 |
| Annual Per SF | £1.89 |
| Operating Expenses | |
|---|---|
| Annual | £2,072,243 |
| Annual Per SF | £745.95 |
| Total Expenses | |
|---|---|
| Annual | £2,077,502 |
| Annual Per SF | £747.84 |
| Net Operating Income | |
|---|---|
| Annual | £607,213 |
| Annual Per SF | £218.58 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,778 SF
Building Class
C
Year Built
2016
Price
£3,208,045
Price Per SF
£1,155
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
1
Building FAR
0.10
Land Acres
0.66 AC
Zoning
I-L - Industrial
Parking
10 Spaces (3.6 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Route
- Corner Lot
- Pylon Sign
- Security System
- Signage
- Tenant Controlled HVAC
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 2059509001 | Total Assessment | £167,100 (2024) |
| Land Assessment | £27,855 (2024) | Annual Taxes | £5,259 (£1.89/sf) |
| Improvements Assessment | £139,245 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
2059509001
Land Assessment
£27,855 (2024)
Improvements Assessment
£139,245 (2024)
Total Assessment
£167,100 (2024)
Annual Taxes
£5,259 (£1.89/sf)
Tax Year
2023
-
Brandon Fargo -
Deborah Haupt -
Keller Williams Realty Coastal Area Partners
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A | 2701 Ogeechee Rd
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