Savannah, GA
Commercial Real Estate Market Trends & Data

$416 per SF Avg asking sale price
$29 per SF Avg asking lease rate
103,273 SF Avg unit lease size
44,331 SF Avg building size for sale
6.93% Average cap rate

Savannah's Demographic Profile

Savannah has 62,684 households and a median income of $54,429, providing context for rent absorption and tenant demand across retail and multifamily assets. A +4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 154,258
# Households 62,684
Median age 36
Median household income $54,429
Avg household size 2.0
Renter-occupied housing units 35,633
5-year population change +4%

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↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Savannah $430 10,210 SF 8.50%
Garden City $399 18,170 SF 8.50%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Savannah $426 136,794 SF 6.22%
Pooler $642 40,631 SF 6.22%
Nearby Retail Markets Avg Cost/SF Typical Size
Savannah $474 9,197 SF
Hunter Aaf $177 7,500 SF
Thunderbolt $764 3,915 SF
Garden City $770 4,027 SF
Pooler $611 11,466 SF

Commercial Properties For Sale in Savannah

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

20ac Downtown Savannah, Zoned Mixed-Use

Savannah, GA 31404

  • 19.77 AC Lot
  • 1 Commercial Lot
  • $30,000,000
For Sale

Tapestry Park Commerical

Savannah, GA 31405

  • 3 AC Lot
  • 1 Commercial Lot
  • Price Upon Request
For Sale

1440 Pooler Pky

Pooler, GA 31322

  • 1.14 - 2.79 AC Lots
  • 4 Commercial Lots
  • Price Upon Request
For Sale

The Thunderbird Inn

Savannah, GA 31401

  • 18,290 SF Hospitality
  • 9.36% Cap Rate
  • $8,950,000
For Sale

5223 Paulsen St

Savannah, GA 31405

  • 4,584 SF Office Building
  • $2,000,000
For Sale

505 W US-80 Hwy

Pooler, GA 31322

  • 21,385 SF Industrial Building
  • $4,800,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Savannah pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Savannah $416 44,331 SF
Hunter Aaf $270 289,470 SF
Thunderbolt $787 5,177 SF
Wilmington Island $366 13,211 SF
Garden City $701 48,791 SF

Regional Demographic Comparison

This comparison places Savannah alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Savannah or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Savannah 154,258 62,684 36 $54,429 2 35,633 4%
Hunter Aaf 311 72 26 $51,875 3 70 4%
Thunderbolt 2,710 1,124 41 $62,551 2 481 2%
Garden City 11,057 4,402 39 $48,606 3 2,610 4%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Savannah, GA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Savannah

View All Commercial Real Estate For Sale in Savannah
Is Savannah a good market for a first-time commercial real estate investor?

Savannah offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Savannah?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Savannah. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Savannah?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Savannah. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Savannah compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Savannah. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Savannah acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Savannah, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends