106-413 W Montgomery Xrd, Savannah, GA 31406

Listing Agency: The Commercial Group r***@gmail.com Show Phone

Listed By: Joseph Solana · License #435296 Show Phone

Source: Exprealty

Added: Sep 11 Changed: Nov 6 Last Checked: Nov 8 at 8:28AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Commercial Group

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 990-square-foot end-unit office condominium is configured for professional or medical office use. The layout includes five private offices, a built-in reception desk, a waiting area, kitchenette, and ADA-accessible restroom. Newer LVP flooring, abundant natural light, and pull-down attic access provide practical workspace and storage features.

Located in Montgomery Crossroads Office Park in Southside Savannah, the unit has prominent signage facing Montgomery Cross Road. Its office configuration, client-facing reception area, and existing support spaces create a functional setting for a range of professional or medical users.

Key Highlights

• 990 SF end‑unit office condominium
• Five private offices with built‑in reception desk and waiting area
• Prominent signage facing Montgomery Cross Road

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$12,579

Suggested Prices Based on Cap Rates

Cap Rate 5%

$251,580 $251.6K

Cap Rate 7%

$179,700 $179.7K

Cap Rate 9%

$139,767 $139.8K

What to ask about pricing

Market Conditions

NOI Build-Up for 990 SF

Gross rent

$23.2K $23.40/SF

− Vacancy

−$2.2K −$2.22/SF

EGI

$21.0K $21.18/SF

− OpEx

−$8.4K −$8.47/SF

NOI

$12.6K $12.71/SF

Area

Savannah, GA

Vacancy

9.50%

Lease Rate

$23.40 /SF/Yr

Expense Ratio

40.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$251,580

Cap Rate 7%

$179,700

Cap Rate 9%

$139,767

Alternative Uses

Best Use

Office B

$196.6K

$172.1K – $229.4K (±1% cap)

NOI $13,764 @ 7.0% cap · market cap 598.43%

Second Best

Healthcare Medical

$179.7K

$157.2K – $209.7K (±1% cap)

NOI $12,579 @ 7.0% cap · market cap 546.91%

Theoretical Best

Office A

$267.3K

$233.9K – $311.9K (±1% cap)

NOI $18,711 @ 7.0% cap · market cap 813.52%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Butcher Pet Grooming Service Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,683

Businesses Nearby

Explore this area Business Placement

Demographics for 31406, GA

34,579

Population

15,424

Households

2.2

Avg Household Size

39

Median Age

37%

College-Educated

93%

High-School Grad

26.2 sq mi

ZIP Area

1,320

Density / Sq Mi

$66,084

Median Household Income

$41,512

Median Earnings

$1,340

Median Rent

$260,800

Median Home Value

Market

Average Price Trend$/SF for Office Units in Savannah, GA

$285 Jul

$239 Aug

$242 Sep

$227 Oct

Properties on Market for Office Units in Savannah

Jul

Aug

Sep

Oct

Vacancy Rate% for Office in Savannah, GA

13.1% 2019

9.9% 2020

8.7% 2021

8.4% 2022

4.3% 2023

4.9% 2024

3.1% 2025

Similar For Sale Nearby

See more

End-Unit Office Space

527 Us Highway 80 W Unit A, Savannah, GA 31408

Contact for pricing

1,100 SF

View details

Second-Floor Office Unit

785 King George Boulevard, Savannah, GA 31419

$169,900

993 SF

View details

Three-Office Professional Suite

103-785 King George Blvd, Savannah, GA 31419

$169,900

993 SF

View details

Downtown Office Unit

305 W Harris Street, Savannah, GA 31401

$1,650,000

980 SF

View details

First-Floor Office Unit

355 Commerce Place, Savannah, GA 31406

$149,900

1,064 SF

View details

Office Suite with Private Restroom

355 Commerce #E, Savannah, GA 31406

$149,900

1,064 SF

View details

First-Floor Office Condo Suite

602-9100 White Bluff Road, Savannah, GA 31406

$224,900

1,073 SF

View details

First-Floor Office Condo

9100 White Bluff Rd Unit 303, Savannah, GA 31406

$249,000

1,073 SF

View details

Standalone Office Condominium

F-1010 E Victory Dr, Savannah, GA 31405

$149,990

900 SF

View details

Standalone Office Unit

1010 E Victory Drive F, Savannah, GA 31405

$199,990

900 SF

View details

Leased Medical Office Space

22 W Oglethorpe Avenue, Savannah, GA 31401

$599,999

1,070 SF

View details

Medical Office Space

22 W Oglethorpe #H, Savannah, GA 31401

$599,999

1,070 SF

View details

Frequently Asked Questions

What type of property is this?

Office unit - Flexible office layout with private rooms, reception, kitchenette, ADA-accessible restroom, and additional attic storage.

Where is this office unit located?

The property is located at 106-413 W Montgomery Xrd Savannah, GA.

What are key features of this property?

This property features: 990 SF end‑unit office condominium; Five private offices with built‑in reception desk and waiting area; Prominent signage facing Montgomery Cross Road