2423 Martin Luther King Jr Blvd - Residential LAND FOR SALE


Savannah, GA 31415- Cuyler-Brownsville32,234 SF
$1,700,000 USD
912-547-2812
2423 Martin Luther King Jr Blvd, Savannah, GA for Sale
$1,700,000 USD
Residential LAND - FOR SALE
1/1
32,234 SF

2423 Martin Luther King Jr Blvd
Savannah, GA 31415
Cuyler-Brownsville


OVERVIEW

An exceptional opportunity to develop in the heart of Savannah’s MLK-Montgomery Enterprise Zone. The site consists of seven contiguous lots undergoing recombination with conceptual plans for 20 townhomes or 44+ multifamily units. Subject Properties: 518 W 41st St, Savannah, GA 31401 PIN: 20073 27017 516 W 41st St, Savannah, GA 31401 PIN: 20073 27016 514 W 41st St, Savannah, GA 31401 PIN: 20073 27015 512 W 41st St, Savannah, GA 31401 PIN: 20073 27014 510 W 41st St, Savannah, GA 31401 PIN: 20073 27013 2423 Martin Luther King BLVD, Savannah, GA 31401 PIN: 20073 27012 2415 Martin Luther King BLVD, Savannah, GA 31401 PIN: 20073 27011 Total Land Area: + 0.74 acres Zoning: TC-1 Development Potential: 20 townhomes or 44+ multifamily units, along with diverse commercial development options permitted under TC-1 zoning, allowing for a mix of retail, office, and service-oriented businesses to complement residential use. Enterprise Zone Benefits: Tax incentives & development benefits Location Highlights Situated in a high-growth corridor, these lots are ideally positioned near major economic drivers and key city attractions: Proximity to Downtown Savannah: Minutes from the Historic District Savannah College of Art & Design (SCAD): Expanding student & faculty housing demand Westside Revitalization: Rapid development & increasing property values Transit Accessibility: Close to major thoroughfares and public transit Starland Yard & Streetcar District Attractions: Close to Starland Yard, a vibrant food truck park and entertainment venue, as well as unique shops, bars, and restaurants in the Streetcar District. Exciting New Developments Nearby: The area is experiencing rapid revitalization with new mixed-use projects, creative workspaces, and boutique hospitality developments shaping the neighborhood’s future. Materials: Site & Conceptual Plans - Survey - Conceptual Site Plans

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/ACRE

$2,297,326/AC

PRICE/SF

$53 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

MLK & 41st Development Opportunity

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units, Apartment Units - Senior

LAND ACRES

0.74 AC

LAND SF

32,234 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Streets, Curb/Gutter/Sidewalk, Cable

ZONING

TC-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brett StricklandDAI Commercial Realty, LLCMore Info
912-547-2812

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Brett StricklandDAI Commercial Realty, LLCMore Info
912-547-2812

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.