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Flex Space with Warehouse Section
For Sale
$829,000

3104 Skidaway Road, Savannah, GA 31404

SINGLE_FAMILY - Savannah, GA

Property Size6,000 SF
Lot Size0.15 Acres
Price / SF$138.17
Days on Market202

Property Features for 3104 Skidaway Road

General Information

Property type Residential
Property subtype Retail
Zoning B-N
Appliances Electric Water Heater
Directions Heading East on Victory, take a right onto Skidaway. Property will be on the right side of the road on the corner of east 50th Street
Standard status Active
APN 2009902011
Size 6,000 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LTS 207 208 SHEEHAN WD PINEHURST & 20 FT STRIP
Legal Description LTS 207 208 SHEEHAN WD PINEHURST & 20 FT STRIP

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1954
Floors in Building 1
Building materials Brick
Listing Agency: Parker Scott Properties
Listed By: Samuel O. Clark · License #421582
Added: Jan 15 Changed: Jul 13 Last Checked: Aug 5 at 6:06PM
MLS# SA346522

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 flex space features a flexible layout that can be used as a single space or divided into multiple tenant areas, including a rear warehouse section suited for light commercial or storage needs. Zoned B-N for neighborhood business use, the property supports a range of uses including retail, office, and light commercial services.

The site offers road frontage and rear access, along with 18 onsite parking spaces for customer and employee convenience.

Key Highlights

  • Prime road frontage in a high traffic area.
  • Boasting over 6,000 sq ft of versatile commercial space.
  • Zoned B‑N for neighborhood business use, supporting retail, office, and light commercial services.

Financial Insights For Retail

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 $104.4k $17.40
− Vacancy −$7.1k −$1.18
EGI $97.3k $16.22
− OpEx −$29.2k −$4.87
NOI $68.1k $11.35
6,000 SF · lease $17.40/SF/yr · vacancy 6.80% · expense 30.00%

Alternative Uses

Best Use
Warehouse
$5.61M
$4.91M – $6.54M (±1% cap)
NOI $392,517 @ 7.0% cap · market cap 47.35%
Second Best
Industrial
$4.62M
$4.04M – $5.39M (±1% cap)
NOI $323,249 @ 7.0% cap · market cap 38.99%
Theoretical Best
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage HVAC Service Accounting Firm Electrical Service

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

294
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in Savannah, GA

2.1% 2019
3.7% 2020
0.5% 2021
0.7% 2022
7% 2023
8.6% 2024
10.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • The Concept Food Truck 2222 E 43rd St, Savannah, GA 31404
  • Erica Davis Catering 2215 Rowland Ave Suite B, Savannah, GA 31404

Frequently Asked Questions

What type of property is this?
Flex space - Flex space with rear warehouse area, zoning B-N, and 18 onsite parking spaces with rear access.
Where is this flex space located?
The property is located at 3104 Skidaway Road Savannah, GA.
What is the asking price?
The asking price for this property is $829,000.
What are key features of this property?
This property features: Prime road frontage in a high traffic area.; Boasting over 6,000 sq ft of versatile commercial space.; Zoned B‑N for neighborhood business use, supporting retail, office, and light commercial services.
More about this property
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