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Ranch Home Portfolio on Acreage

124 Vidalia Road Savannah, GA 31419

124 Vidalia Road, Savannah, GA, 31419
$625,000
For Sale
Claim this Listing
$625,000

MULTI_FAMILY - Ranch - Savannah, GA

Property Size4,913 SF
Lot Size6.80 Acres
Price / SF$127.21
AddedMay 22
Days on Market56
Last RefreshJul 16 at 11:06 am

Property Features for 124 Vidalia Road

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
RA
Bedrooms
8
Bathrooms
5
Rooms
Bathroom 5, Bedroom 6, Bedroom 7, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 8, Bedroom 1, Bathroom 4, Bedroom 4, Bathroom 2, Bathroom 3, Bedroom 5
Parking features
Off Street
Patio and Porch features
Porch
Fencing
Chain Link
Appliances
Electric Water Heater, Dryer, Refrigerator, Washer
Standard status
Active
APN
11030B01010
Size
4,913 SF
Lot size
6.80 Acres

Taxes and HOA fees

Tax Description
TRACT 91,92,93 OGEECHEE FARMS PHASE A

Utilities

Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public

Building Details

Year built
1941
Floors in Building
1
Number of units
3
Roof type
Metal, Composition
Architectural style
Ranch
Additional Structures
Storage

Listing agent David Shimp License #414099

Listing office BHHS Bay Street Realty Group 2 Skidaway Village Walk, Savannah, GA

Listing date May 22, 2026

MLS# SA355659 Listing URL

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 6.8-acre residential agricultural property includes three existing homes. The residence at 138 is described as a well-maintained 2-bedroom, 1-bath home ready for occupancy with a new HVAC system. The home at 124 is a 3-bedroom, 2-bath residence in need of significant renovation, with a roof noted as about 1 year old. The home at 130 could possibly be salvaged, offering flexibility for an investor or owner-occupant approach.

Zoned RA, the property is located at 124 Vidalia Road in Savannah, Georgia 31419. The seller notes it is approximately 25 minutes from downtown Savannah, Savannah/Hilton Head International Airport, and Richmond Hill.

The site is positioned for use as a homestead, mini-farm, or investment property, with space for farm animals, gardens, workshops, and equipment as well as potential for additional future uses.

Key Highlights

  • 6.8‑acre residential agricultural property with space for animals, gardens, workshops, and equipment
  • Three existing homes on‑site: 138 has 2BR/1BA and is ready for occupancy with a new HVAC system
  • 124 features 3BR/2BA and has a 1‑year‑old roof; home is in need of significant renovation

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $79.6k $16.20
− Vacancy −$5.2k −$1.05
EGI $74.4k $15.15
− OpEx −$22.3k −$4.54
NOI $52.1k $10.60
4,913 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$744.2K
$651.2K – $868.2K (±1% cap)
NOI $52,092 @ 7.0% cap · market cap 8.33%
Second Best
Apartment 5plus
$690.1K
$603.9K – $805.2K (±1% cap)
NOI $48,309 @ 7.0% cap · market cap 7.73%
Theoretical Best
Warehouse
$4.59M
$4.02M – $5.36M (±1% cap)
NOI $321,406 @ 7.0% cap · market cap 51.42%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Big Box & Wholesale Store Electrical Service Storage Facility Kitchen & Bath Showroom Gym & Fitness Center Auto Parts Store Bakery Building Supply Garden Center Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - A 6.8-acre residential-agricultural property with three existing homes and no HOA restrictions.
Where is this triplex located?
The property is located at 124 Vidalia Road Savannah, GA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 6.8‑acre residential agricultural property with space for animals, gardens, workshops, and equipment; Three existing homes on‑site: 138 has 2BR/1BA and is ready for occupancy with a new HVAC system; 124 features 3BR/2BA and has a 1‑year‑old roof; home is in need of significant renovation
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More about this property
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