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For Sale
$380,000

410 E Montgomery Cross Roads, Savannah, GA 31406

Commercial Sale, Savannah, GA

Property Size1,934 SF
Lot Size0.20 Acres
Price / SF$196.48
Days on Market193

Property Features for 410 E Montgomery Cross Roads

General Information

Property type Commercial Sale
Property subtype Single Family Residence
Zoning IP
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Appliances Electric Water Heater
Directions From Waters Ave, Take a left a Right on Montgomery Cross Roads. The property is on the right between Waters Ave and Aegean Ave.
Standard status Active
APN 2053105018
Size 1,934 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LT 177 SKYLAND TERR
Tax Annual Amount 1912
Legal Description LT 177 SKYLAND TERR

Utilities

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

Building Details

Year built 1957
Floors in Building 1
Building materials Brick
Roof type Asphalt
Architectural style Ranch
Listing Agency: Keller Williams Coastal Area P · Keller Williams Realty
Listed By: Ben Barksdale · License #262950
Added: Mar 30 Changed: Sep 12 Last Checked: Oct 8 at 6:06AM
MLS# SA352214

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.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,017
Cap Rate
5.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$380,340 $380.3K
Cap Rate 7%
$271,671 $271.7K
Cap Rate 9%
$211,300 $211.3K
Market Conditions
NOI Build-Up for 1,934 SF
Gross rent
$36.9K $19.08/SF
− Vacancy
−$2.3K −$1.20/SF
EGI
$34.6K $17.88/SF
− OpEx
−$15.6K −$8.05/SF
NOI
$19.0K $9.83/SF
Area
Savannah, GA
Vacancy
6.30%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$380,340
Cap Rate 7%
$271,671
Cap Rate 9%
$211,300

Alternative Uses

Best Use
Apartment 5plus
$271.7K
$237.7K – $317.0K (±1% cap)
NOI $19,017 @ 7.0% cap · market cap 5.00%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.81M
$1.58M – $2.11M (±1% cap)
NOI $126,521 @ 7.0% cap · market cap 33.30%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

1,391
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

Where is this commercial land located?
The property is located at 410 E Montgomery Cross Roads Savannah, GA.
What is the asking price?
The asking price for this property is $380,000.
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