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5684 Ogeechee Rd - 5684 The Exchange at Berwick 2.68 Acres of Commercial Land Offered at $3,069,440 CAD in Savannah, GA 31405

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INVESTMENT HIGHLIGHTS

  • 5684 Ogeechee Road is a 2.68-acre development site located in a rapidly growing area of Greater Savannah.
  • Acquire real estate in one of Savannah’s hottest areas as over 500 multifamily units have been delivered since 2022 within just a mile of the site.
  • Within 15 minutes of top employment hubs, including downtown, Port of Savannah area, SAV Airport, and St. Joseph's/Candler Health System hospitals.
  • Features flexible PUD zoning with all utilities running to the site, streamlining the approval and construction process.
  • Tourism-related developments are supported by Savannah’s historic charm and cultural attractions, bringing in over 15 million visitors a year.
  • Positive outlook heralded by demographic data as the total number of households within a 3-mile radius grew by 10% from 2020 to 2024.

EXECUTIVE SUMMARY

Invest in Savannah as the region experiences unprecedented levels of growth by acquiring this exclusive development site at 5684 Ogeechee Road.

This site spans 2.68 acres with excellent frontage on Highway 17, garnering exposure from an estimated 28,895 vehicles per day on average. 5684 Ogeechee Road is zoned PUD, a generous designation that allows for a wide range of development options, and the property is shovel-ready, with all utilities running to the site. With close proximity to Interstates 16 and 95, Abercorn Street Extension, Downtown Savannah, and the airport, all are just minutes away, priming new developments here to capitalize on the region’s abounding growth.

Savannah is a multifaceted market that can support a wide range of developments. Its desirable coastal location, historical sites, and award-winning restaurants draw millions of visitors annually, bolstering the tourism and hospitality sectors. Outside of tourism, Savannah’s economic landscape is largely anchored by the Port of Savannah, one of the busiest and fastest-growing in the US. Large-scale supply chain operations have historically held a significant presence in the market, but manufacturing is emerging as a huge economic driver with major investments like the recently delivered 17 million-square-foot Hyundai Metaplant. Additionally, administrative offices for these industrial companies, educational institutions, and medical users make up the largest office tenants. This combination of diverse industries and its lower cost of living has made Savannah one of the fastest-growing regions in the Sun Belt, with a population uptick of approximately 7.1% from 2020 to 2025. Greater Savannah areas have begun to benefit from outward growth, a shift that is illustrated directly adjacent to 5684 Ogeechee Road, where the 252-unit Waterleaf at Salt Creek apartment community was delivered in 2024.

PROPERTY FACTS

Price $3,069,440 CAD
Sale Type Investment
Sale Conditions
1031 Exchange
  • Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 2.68 AC
Zoning PUD - Planned Unit Development

1 LOT AVAILABLE

Lot

Price $3,069,440 CAD
Price Per AC $1,145,313.44 CAD
Lot Size 2.68 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1100802108
Land Assessment
$647,189 CAD
Improvements Assessment
$0 CAD
Total Assessment
$647,189 CAD
  • Listing ID: 33773367

  • Date on Market: 2024-11-06

  • Last Updated:

  • Address: 5684 Ogeechee Rd, Savannah, GA 31405

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