Two-Story Office
8890 Abercorn Street Savannah, GA 31406
For Sale
$1,325,000
SINGLE_FAMILY - Savannah, GA
Property Size7,500 SF
Lot Size0.43 Acres
Price / SF$176.67
Days on Market143
Property Features for 8890 Abercorn Street
General Information
Property type
Residential
Property subtype
Office
Zoning
PBC
Parking
15
Exterior features
Fence
Fencing
Chain Link, Fenced
Standard status
Active
APN
2058903002A
Size
7,500 SF
Lot size
0.43 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PAR A TRIROADS SUB
Tax Annual Amount
15339
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1984
Floors in Building
2
Flooring type
Concrete
Building materials
Brick
Listing Agency:
Daniel Ravenel SIR
(912) 234-3323
Listed By:
Ruben E. Ramos · License #374357
(912) 856-2244
Added: Mar 6
Changed: Jul 14
Last Checked: Jul 27 at 12:06PM
MLS# SA350683
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 two-story office building totals approximately 7,500 square feet and is currently in bare-bones condition, prepared for renovation to fit a new owner’s or tenant’s requirements. A side lobby separates the first and second floors, creating flexibility to occupy either level or lease both. The property includes dedicated on-site parking that has been freshly re-paved, along with a private gated lot behind.
Located along Hwy 204 (Abercorn Extension) in Savannah’s Southside commercial district, the site provides quick access to Truman Parkway and is minutes from Oglethorpe Mall, surrounded by retail and restaurants. The property sits on a 0.43-acre lot and is zoned PBC. A full set of architectural plans is available.
Located along Hwy 204 (Abercorn Extension) in Savannah’s Southside commercial district, the site provides quick access to Truman Parkway and is minutes from Oglethorpe Mall, surrounded by retail and restaurants. The property sits on a 0.43-acre lot and is zoned PBC. A full set of architectural plans is available.
Key Highlights
- 7,500 SF, 2‑story brick building on a 0.43‑acre lot
- Dedicated on‑site parking with freshly re‑paved spaces, plus private gated lot behind
- Side lobby separates first and second floors, offering flexibility to lease one floor independently
Financial Insights For Office B
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 | $166.5k | $22.20 |
| − Vacancy | −$27.5k | −$3.66 |
| EGI | $139.0k | $18.54 |
| − OpEx | −$34.8k | −$4.63 |
| NOI | $104.3k | $13.90 |
7,500 SF · lease $22.20/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.49M
$1.30M – $1.74M
NOI $104,271 @ 7.0% cap · market cap 7.87%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$7.01M
$6.13M – $8.18M
NOI $490,647 @ 7.0% cap · market cap 37.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Two floors with a side lobby offer separate leasing areas, with repaved dedicated parking and gated on-site lot.
Where is this office building located?
The property is located at 8890 Abercorn Street Savannah, GA.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: 7,500 SF, 2‑story brick building on a 0.43‑acre lot; Dedicated on‑site parking with freshly re‑paved spaces, plus private gated lot behind; Side lobby separates first and second floors, offering flexibility to lease one floor independently
