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$ 2,500,000
Est. payment /mo
New
5125-5127 Ogeechee RD Savannah, GA 31405
5.52 Acres Lot
UPDATED:
12/03/2024 04:57 PM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 322934
HOA Y/N No
Lot Size 5.520 Acres
Acres 5.52
Property Description
This property is a fantastic opportunity for a commercial development project, with 3 parcel lots totaling 5.52 acres. Located in the heart of Savannah, this property benefits from its proximity to major transportation routes. Easy access to Dean Forest & Hwy 17 offers convenient access to Downtown Savannah and the I-16 Hyundai EV Plant located just 23 miles away. The property's location in an X Flood Zone is another advantage. This designation means that it is not in a high-risk flood area, reducing the potential for damage or insurance complications. With its size and strategic location, this property is ideal for a multi-family development project. There is potential to build apartments & other multi-family living options to cater to the demand for housing in the Savannah area. Overall, this multi-family site in Savannah, offers a great opportunity for commercial development. Its size, location, & flood zone designation make it a prime investment opportunity in a growing market.
Location
State GA
County Chatham
Interior
Fireplace No
Exterior
Water Access Desc Private,Well
Present Use Vacant
Building
Sewer Septic Tank
Water Private, Well
Others
Tax ID 1099105007B
Ownership Homeowner/Owner
Acceptable Financing Cash, Conventional, 1031 Exchange, Private Financing Available
Listing Terms Cash, Conventional, 1031 Exchange, Private Financing Available
Special Listing Condition Standard
Listed by BHHS Bay Street Realty Group