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Auto Shop with Covered Canopy
For Sale
$575,000
Pending

5028 Augusta Road, Savannah, GA 31408

C2-zoned property includes a maintenance shop, office, and paved, fenced grounds.

Property Size2,598 SF
Days on Market10

Property Features for 5028 Augusta Road

General Information

Standard status Pending
Size 2,598 SF
Property subtype Commercial
Zoning C2

Site & Location

Highway Access Yes
Road Access Yes
Fenced Yard Yes

Tenancy & Operations

Tenant in Place Yes
Current Tenants Tanzo Motors
Real Estate Included Yes

Taxes and HOA fees

Annual Taxes $3,391

Building Details

Building Size 2,598 SF
Year Built 1961
Stories 1
Listing Agency: Seabolt Real Estate
Listed By: Beth L. Vantosh · License #248541
Source: Eddymyers
Added: Oct 20 Changed: Oct 25 Last Checked: Oct 26 at 3:34AM

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 Seabolt Real Estate

Rey
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 automotive property combines a main office with a maintenance shop and a covered canopy. A separate storage shed adds another on-site building component. The 2,598-square-foot property has a paved, fully enclosed lot and two curb cuts along US Highway 21, also known as Augusta Road. C2 zoning applies.

The site is 1.6 miles from the Port of Savannah’s Garden City Terminal and 5.5 miles from Savannah International Airport. Tanzo Motors is the current tenant, and the property is available in 2027.

Key Highlights

  • 2,598‑square‑foot automotive property
  • Maintenance shop, main office, covered canopy, and rear storage shed
  • Paved, fully fenced lot with two curb cuts on US Highway 21 (Augusta Road)

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,492
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,840 $589.8K
Cap Rate 7%
$421,314 $421.3K
Cap Rate 9%
$327,689 $327.7K
Market Conditions
NOI Build-Up for 2,598 SF
Gross rent
$45.2K $17.40/SF
− Vacancy
−$3.1K −$1.18/SF
EGI
$42.1K $16.22/SF
− OpEx
−$12.6K −$4.87/SF
NOI
$29.5K $11.35/SF
Area
Savannah, GA
Vacancy
6.80%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,840
Cap Rate 7%
$421,314
Cap Rate 9%
$327,689

Alternative Uses

Best Use
Industrial
$2.00M
$1.75M – $2.33M (±1% cap)
NOI $139,967 @ 7.0% cap · market cap 24.34%
Second Best
Retail
$421.3K
$368.7K – $491.5K (±1% cap)
NOI $29,492 @ 7.0% cap · market cap 5.13%
Theoretical Best
Warehouse
$2.43M
$2.12M – $2.83M (±1% cap)
NOI $169,960 @ 7.0% cap · market cap 29.56%
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

Asset Management Specialist Apartment Building Tanzo Motors LLC Car Dealership

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Hair Salon Bakery Gym & Fitness Center

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

Lease Details

Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

258
Businesses Nearby
42k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 56% Shops & Services 42% Hotels & Casinos 2%
Zaxby's Chicken Fingers & Buffalo Wings Dining
8,739 visits/mo 0.5 miles
Popeyes Louisiana Kitchen Dining
7,470 visits/mo 0.3 miles
Dollar General Shops & Services
5,707 visits/mo 0.4 miles
Krystal Dining
4,622 visits/mo 0.3 miles
Chevron Shops & Services
3,561 visits/mo 0.3 miles

Demographics for 31408, GA

11,790
Population
4,529
Households
2.6
Avg Household Size
36
Median Age
13%
College-Educated
82%
High-School Grad
21.1 sq mi
ZIP Area
559
Density / Sq Mi
$40,109
Median Household Income
$30,667
Median Earnings
$1,080
Median Rent
$160,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • On Site PM Services LLC — Main St, Garden City, GA 31408
  • Strong's Repairs — #2621, Garden City, GA 31408
  • Jiffy Lube — 4408 Augusta Rd, Garden City, GA 31408
  • 3 Guys Garage — 4904 Augusta Rd, Garden City, GA 31408
  • Southeast Motorcycle — 4828 Augusta Rd, Garden City, GA 31408

Frequently Asked Questions

What type of property is this?
Auto shop - C2-zoned property includes a maintenance shop, office, and paved, fenced grounds.
Where is this auto shop located?
The property is located at 5028 Augusta Road Savannah, GA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 2,598‑square‑foot automotive property; Maintenance shop, main office, covered canopy, and rear storage shed; Paved, fully fenced lot with two curb cuts on US Highway 21 (Augusta Road)
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