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2180 E Victory Dr 1.77 Acres of Residential Land Offered at $3,500,000 in Savannah, GA 31404
INVESTMENT HIGHLIGHTS
- Zoned for Multi Family Development
- Prime East Victory Drive location with high visibility and access
- Existing zoning RMF-2-20 allowing 36 units by right Proposed rezoning and site plan for up to 79 units
EXECUTIVE SUMMARY
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $3,500,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.77 AC |
| Property Type | Land | ||
| Zoning | RMF-2-20 - Zoned city of Savannah RMF-2-20 | ||
| Price | $3,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 1.77 AC |
| Zoning | RMF-2-20 - Zoned city of Savannah RMF-2-20 |
1 LOT AVAILABLE
Lot 1,2
| Price | $3,500,000 | Lot Size | 1.77 AC |
| Price Per AC | $1,977,401.13 |
| Price | $3,500,000 |
| Price Per AC | $1,977,401.13 |
| Lot Size | 1.77 AC |
Property Overview Property Type: Land Proposed Use: Multifamily Property Subtype: Residential Total Lot Size: 1.77± Acres Zoning: RMF-2-20 (City of Savannah) Approved Density: 36 Units Proposed Density: Up to 79 Units (subject to rezoning)
DESCRIPTION
2180 E. Victory Drive | Savannah, Georgia Prime Multifamily Development Opportunity on East Victory Drive Situated along the highly traveled East Victory Drive corridor and just minutes from the Truman Parkway, 2180 E. Victory Drive offers a rare multifamily development opportunity in one of Savannah’s most central and connected locations. The site provides convenient access to Downtown Savannah, major employment centers, premier shopping and dining, and seamless connectivity to the Islands and Savannah’s beaches. The 1.77± acre parcel is currently zoned RMF-2-20 and approved for 36 multifamily units, with a proposed rezoning and site plan designed to accommodate up to 79 units. The conceptual plan thoughtfully incorporates an existing historic structure on the property, preserving character while maintaining density and parking efficiency—an increasingly valuable approach within the City of Savannah. The property’s central location and surrounding amenities make it well-suited for market-rate multifamily development or a 55+ residential community, responding to strong and growing demand in Savannah’s rental housing market. The East Victory Drive frontage provides excellent visibility and accessibility while remaining close to neighborhood services, medical facilities, retail centers, and recreational destinations. With existing multifamily zoning in place and a clear path toward increased density, 2180 E. Victory Drive presents an attractive value-add opportunity for developers seeking a well-located site with scale, flexibility, and long-term upside in a proven Savannah submarket. The property includes a non-contributing two-story single-family residence, originally constructed in 1938, that offers architectural character and adaptive reuse potential. The home contains approximately 2,932 square feet of living area, featuring three (3) bedrooms and two (2) full bathrooms. While the structure is not contributing to historic purposes, it may be incorporated into future development plans, repurposed, or removed, subject to rezoning and site plan approvals.
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2180 E Victory Dr
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