PREPARED BY WHITLEY AND ASSOCIATES, INC. 22 BARNARD STREET, SUITE 212, SAVANNAH, GEORGIA 31401

Transcription

1 AN OFFERING OF APPROXIMATELY 1.52 ACRES OF COMMERCIALLY ZONED LANDS LOCATED AT THE INTERSECTION OF THE 1200 BLOCK OF EAST DERENNE AVENUE AND RANGER STREET SAVANNAH, CHATHAM COUNTY, GEORGIA PREPARED BY WHITLEY AND ASSOCIATES, INC. 22 BARNARD STREET, SUITE 212, SAVANNAH, GEORGIA 31401

2 OFFERING DISCLAIMER This offering summary has been prepared solely for informational purposes. It has been designed to assist a potential investor in determining whether it wishes to proceed with an in-depth investigation of the subject property. While the information contained herein is from sources deemed reliable, it has not been independently verified by the owner, the owner s agent (Whitley & Associates, Inc.) or any of its affiliates. Therefore, neither the owner, the owner s agent (Whitley & Associates, Inc.) nor its affiliates make any representations with respect to the information. No representations or warranties, expressed or implied, are made that actual results will conform to such projections. This document is provided subject to errors, omissions, and changes in the information and is subject to modification or withdrawal. The contents herein are not to be reproduced without the express written consent of the owner or any of its affiliates. The owner reserves the right, at their sole discretion, to reject any or all proposals or expressions of interest in the subject property and to terminate discussions with any party at any time with or without notice. In addition, it is expressly understood, that any other agent, prospective purchaser or purchaser has not relied on the information as contained herein and any decision to acquire is based solely on the acquiring parties and it s agents if applicable, independent personal inspections and due diligence. Furthermore, the property as contemplated herein is being sold on an as-is and where-is basis with no Seller or Agency warranties or representations.

3 OFFERING SUMMARY Location : The subject of this offering is located at the northwest corner of the intersection formed by East DeRenne Avenue and Ranger Street between Waters Avenue to the west and the Truman Parkway to the east, Savannah, Chatham County, Georgia. Property Identification Numbers : An assemblage of six parcels, this property is identified within the records of Chatham County as property identification numbers A , A , A , A , A and A Site Area : With reference SAGIS (Savannah Area Geographical Information System), the subject of this offering is estimated to approximate acres. Shape and Boundaries : The property is slightly irregular, somewhat L shaped possessing a southern boundary of approximately 300 lineal feet along the northside of the west bound lane of East DeRenne Avenue, an eastern boundary of approximately 200 lineal feet along the westside of the southbound lane of Ranger Street, a northern boundary of approximately 360 lineal feet along the eastbound lane of East 71 st Street and a noncontiguous western boundary along lands vested in the ownership of Mary Creighton and Tina Nguyen. Building Improvements : An accounting of the varying building improvements is provided in the following table. Address/ Property Identification Number Improvement Type/Improvement Size Comments 1213 East 72 nd Street/ A East 72 nd Street/ A East 72 nd Street/ A East 72 nd Street/ A Single Family Residential/700 SF Wood frame single family structure constructed off-ground circa Detached outbuilding of 395 SF. Single Family Residential/826 SF Wood frame single family structure constructed off-ground circa Single Family Residential/1,116 SF Wood frame single family structure constructed off-ground circa Single Family Residential/954 SF Wood frame single family structure constructed off-ground circa East DeRenne Avenue/ A East Derenne Avenue/ A Former Service Station/1,868 SF Former Service Station/1,125 SF Concrete block commercial structure constructed at grade on slab with 816 square foot covered canopy. Concrete block commercial structure constructed at grade on slab with three service bays

4 Vehicular Access : As the assembled site comprises six contiguous parcels vehicular access is currently available at varying points along all three fronting arterioles. Flood Map Panel and Zone : With reference to Federal Emergency Management Agency Flood Map, Panel 13051CO164F, it appears the property is located within Zone X or X500. Municipal Services and Public Utilities : According to third party sources, municipal services include potable water, sanitary sewer, fire and police protection. Public utilities include electricity, natural gas and telephone. Easements and Encumbrances : Assumed to normal and typical. Zoning : With reference to the Zoning Ordinance for the City of Savannah, it appears the property is zoned Neighborhood Business (BN) which are districts wherein the purpose of said district shall be to provide convenient shopping facilities consisting of convenience goods and personal services in neighborhood market areas of from 3,000 to 5,000 people. Offering Price : $1,650, Ben G. Whitley Whitley & Associates, Inc. 800 Commercial Court, Suite Two Savannah, Chatham County, Georgia Office: Or Mobile: ben@whitleyandassociates.com

5 AREA MAP

6 NEIGHBORHOOD MAP

7 Aerial Images Northerly Aerial View Of The Subject Southerly Aerial View Of The Subject Easterly Aerial View Of The Subject Westerly Aerial View Of The Subject

8 Subject Photographs 1213 East 72 nd Street 1211 East 72 nd Street 1207 East 72 nd Street 1205 East 72 nd Street

9 1261 East DeRenne Avenue 1216 East DeRenne Avenue 1212 East DeRenne Aveue 1212 East DeRenne Avenue

10 SAGIS Digital Map

11 Flood Map