Open-Shell
For Sale
$700,000
1108 NE 36th Street, Savannah, GA 31404
Commercial Sale, Savannah, GA
Property Size2,467 SF
Lot Size0.06 Acres
Price / SF$283.75
Days on Market17
Property Features for 1108 NE 36th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RB
Zoning description
Single Family
Bathrooms
2
Half bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Exterior features
Fence
Fencing
Fenced
Appliances
Electric Water Heater
Directions
Head east on E 37th St toward Abercorn St; Turn left onto Waters Ave; Turn right onto E 36th St and destination will be on your left
Standard status
Active
APN
2006303016
Size
2,467 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
WEST 25 FEET OF LOT 106 OLIVER W ARD
Tax Annual Amount
356
Legal Description
WEST 25 FEET OF LOT 106 OLIVER W ARD
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1954
Floors in Building
1
Flooring type
Concrete
Building materials
Metal Siding
Roof type
Metal
Listing Agency:
LPT Realty LLC
(877) 366-2213
Listed By:
Rachel Evans · License #418406
(970) 402-6173
Added: Oct 21
Changed: Nov 6
Last Checked: Nov 6 at 3:06PM
MLS# SA367268
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,467-square-foot warehouse in Savannah has an open-shell layout and a concrete floor, allowing the interior to be configured for different business needs. Built in 1954, the building has metal siding and a metal roof, along with window-unit cooling and an electric water heater. Public water and sewer serve the property.
The 0.057-acre site is fenced and zoned RB. The property is located at 1108 NE 36th Street.
The 0.057-acre site is fenced and zoned RB. The property is located at 1108 NE 36th Street.
Key Highlights
- 2,467‑square‑foot warehouse with an open‑shell interior
- 0.057‑acre fenced site
- Concrete flooring, metal siding, and metal roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,028
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$740,560
$740.6K
Cap Rate 7%
$528,971
$529.0K
Cap Rate 9%
$411,422
$411.4K
Market Conditions
NOI Build-Up for 2,467 SF
Gross rent
$63.6K $25.80/SF
− Vacancy
−$6.7K −$2.71/SF
EGI
$57.0K $23.09/SF
− OpEx
−$19.9K −$8.08/SF
NOI
$37.0K $15.01/SF
Area
Savannah, GA
Vacancy
10.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$740,560
Cap Rate 7%
$528,971
Cap Rate 9%
$411,422
Alternative Uses
Best Use
Warehouse
$2.31M
$2.02M – $2.69M
NOI $161,390 @ 7.0% cap · market cap 23.06%
Second Best
Industrial
$1.90M
$1.66M – $2.22M
NOI $132,909 @ 7.0% cap · market cap 18.99%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
517
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 31404, GA
31,530
Population
14,427
Households
2.2
Avg Household Size
35
Median Age
28%
College-Educated
89%
High-School Grad
13.7 sq mi
ZIP Area
2,301
Density / Sq Mi
$49,805
Median Household Income
$31,620
Median Earnings
$1,199
Median Rent
$193,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Warehouses in Savannah, GA
Properties on Market for Warehouses in Savannah
Vacancy Rate% for Industrial in Savannah, GA
Similar Off Market Nearby
- Stop N Stor — 2803 Limerick St, Savannah, GA 31404
- Papas Lockers Self Storage Unit — 1815 E Victory Dr Ste 101, Savannah, GA 31404
- Sola Self Storage Unit — 1320 E 35th St, Savannah, GA 31404
- Continental Self Storage — 639 E Park Ave, Savannah, GA 31401
Frequently Asked Questions
What type of property is this?
Warehouse - A fenced, adaptable interior offers room for a range of business configurations.
Where is this warehouse located?
The property is located at 1108 NE 36th Street Savannah, GA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 2,467‑square‑foot warehouse with an open‑shell interior; 0.057‑acre fenced site; Concrete flooring, metal siding, and metal roof
