Industrial Truck Terminal with
For Sale
$1,850,000
123 Beasley Road, Savannah, GA 31408
Commercial Sale, Savannah, GA
Property Size986 SF
Lot Size1.20 Acres
Price / SF$1,876
Days on Market219
Property Features for 123 Beasley Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
I2
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Appliances
Electric Water Heater
Directions
GPS directions are accurate
Standard status
Active
APN
60988A02004
Size
986 SF
Lot size
1.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PT TCT 2 DEAN FOREST GDNS
Tax Annual Amount
3891
Legal Description
PT TCT 2 DEAN FOREST GDNS
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Building Details
Year built
1947
Floors in Building
1
Building materials
Frame, Wood Siding
Listing Agency:
Keller Williams Coastal Area P · Keller Williams Realty
(912) 356-5001
Listed By:
Brandon Fargo · License #416596
(912) 433-1072
Added: Jan 28
Changed: Aug 19
Last Checked: Sep 4 at 3:06AM
MLS# SA349717
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This truck terminal includes a 1.2-acre industrial yard configured for container storage, staging, truck parking, and shipping operations. An on-site 986 SF office supports the property’s trucking function, while the sale includes trucks, chassis, and related equipment. The improvements date to 1947 and include frame construction with wood siding, central heating, and central air conditioning.
Located at 123 Beasley Road in Savannah, the property is within 6 miles of the Port of Savannah and 3 miles from nearby interstates. The I2 zoning designation and existing yard layout support its established industrial and container-handling configuration.
Located at 123 Beasley Road in Savannah, the property is within 6 miles of the Port of Savannah and 3 miles from nearby interstates. The I2 zoning designation and existing yard layout support its established industrial and container-handling configuration.
Key Highlights
- 1.2‑acre industrial yard for container storage, staging, truck parking, and shipping operations
- 986 SF on‑site office included with the truck terminal
- Trucks, chassis, and related equipment included in the sale
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$64,504
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,290,080
$1.3M
Cap Rate 7%
$921,486
$921.5K
Cap Rate 9%
$716,711
$716.7K
Market Conditions
NOI Build-Up for 986 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$86.1K $87.36/SF
− Vacancy
−$10.3K −$10.40/SF
EGI
$75.9K $76.96/SF
− OpEx
−$11.4K −$11.54/SF
NOI
$64.5K $65.42/SF
Area
Savannah, GA
Vacancy
11.90%
Lease Rate
$87.36 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,290,080
Cap Rate 7%
$921,486
Cap Rate 9%
$716,711
Alternative Uses
Best Use
Warehouse
$921.5K
$806.3K – $1.08M
NOI $64,504 @ 7.0% cap · market cap 3.49%
Second Best
Industrial
$758.9K
$664.0K – $885.4K
NOI $53,121 @ 7.0% cap · market cap 2.87%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
190
Businesses Nearby
Explore this area
Business Placement
Demographics for 31408, GA
11,790
Population
4,529
Households
2.6
Avg Household Size
36
Median Age
13%
College-Educated
82%
High-School Grad
21.1 sq mi
ZIP Area
559
Density / Sq Mi
$40,109
Median Household Income
$30,667
Median Earnings
$1,080
Median Rent
$160,600
Median Home Value
Market
Vacancy Rate% for Industrial in Savannah, GA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Truck terminal - I2-zoned industrial site with an on-site office, container staging area, and truck parking.
Where is this truck terminal located?
The property is located at 123 Beasley Road Savannah, GA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 1.2‑acre industrial yard for container storage, staging, truck parking, and shipping operations; 986 SF on‑site office included with the truck terminal; Trucks, chassis, and related equipment included in the sale
