4903 Laroche Avenue

Savannah GA 31404

730 sq. ft.

83200 sq. ft.

Single-Family

Currently for sale - view listing

Overview

Rare 1.91-Acre Infill Opportunity Bordering Savannah State – Approved for 6 New Homes. Nearly 2-acre parcel in Savannah is a rare and highly profitable development opportunity. Zoned RSF-6 and previously evaluated for subdivision, the site is ideal for builders looking to construct six single-family homes in a rapidly growing corridor just steps from the booming Savannah State University. Existing 2-bed, 1-bath home is livable, currently tenant-occupied, month-to-month lease, but the highest and best use is redevelopment. With public water and sewer available, flood zone X (no flood insurance required), and no HOA restrictions, this offers a clear path to maximizing value. Projected resale prices for new construction are approximately $350,000+ per home, creating strong ROI potential for investors and builders. $200k to $400k profit. Easy access to Truman Parkway, downtown Savannah, and area amenities. Property sold as-is. Buyer to confirm zoning and subdivision feasibility.