Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    121 Morgan Lakes Industrial Blvd Port Wentworth, GA 31407

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Warehouse space available off Jimmy Deloach Parkway.

    Type:Industrial
    Property size:
    112,500 SF
    Added:
    Jun 28, 2023
    Days on Market:
    1024
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 121 Morgan Lakes Industrial Blvd

    General Information

    Standard status
    Active
    Size
    112,500 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    2017

    Spaces For Lease

    at 121 Morgan Lakes Industrial Blvd Contact us

    $8 /Mo

    Size
    Type
    Industrial
    Contact us

    We can help!

    Listing Contact
    Danny Chase

    Listing agent Danny Chase License #GA 334353

    Listing office Colliers - Savannah, Georgia

    Listing date Jun 28, 2023

    Source Crexi

    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 Colliers - Savannah, Georgia

    Overview

    Warehouse Space on Morgan Lakes

    Warehouse space, offering between approximately 72,000 and 112,500 square feet, is available for lease. The property is located off Jimmy Deloach Parkway on Morgan Lakes Industrial Boulevard.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic Auto Repair Shop Department Store Hotel & Motel

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

    Similar Places Nearby

    • Go Mini's Savannah — 1 Dixie St, Port Wentworth, GA 31407
    • Port City — 5816 GA-21, Port Wentworth, GA 31407

    Location Insight

    • Map
    • Local Demand
    City
    Port Wentworth
    County
    Chatham
    State
    Georgia
    Longitude
    -81.1685
    Latitude
    32.1492

    Nearby Similar for Lease

    • Contact for pricing

      Adaptable Commercial Space For Rent

      Versatile commercial property with open space, kitchen, and full bathroom.
      709 Crossgate Road, Port Wentworth, GA 31407
      View Details
    • Contact for pricing

      Port Wentworth Office Space For Rent

      Office space available in Port Wentworth, all utilities included.
      304 S Coastal Highway, Port Wentworth, GA 31407
      View Details
    • Contact for pricing

      Port Wentworth Commercial Space Available

      Shell space in high-demand location near Savannah ports.
      711 Crossgate Road, Port Wentworth, GA 31407
      View Details
    • Contact for pricing

      Port Wentworth Cold Storage Facility

      Cold import/export port facility with cooler and freezer rooms.
      348 Hendley Rd, Port Wentworth, GA
      View Details
    • Contact for pricing

      Port Wentworth Warehouse with Racking

      300000 SF warehouse space available for rent.
      455 Jimmy Deloach Pkwy, Port Wentworth, GA
      View Details
    • Contact for pricing

      Pooler Retail Space Available

      Retail space available for rent in Pooler, Georgia.
      Old Richmond Rd, Pooler, GA
      View Details
    • Contact for pricing

      Industrial Development Project For Lease

      Multi-phase industrial development project offering space for lease.
      Old Augusta Rd 3, Port Wentworth, GA, 31407
      View Details
    • Contact for pricing

      Port Wentworth Warehouse Space

      Available warehouse space in Port Wentworth, Georgia.
      157 Hendley Dr, Port Wentworth, GA
      View Details
    • Contact for pricing

      Port Wentworth Transload Facility

      70,198 SF transload facility near the Port of Savannah.
      301 Little Hearst Pkwy, Port Wentworth, GA 31407
      View Details
    • Contact for pricing

      Port Wentworth Industrial Space Available

      14,000 SF industrial space with high and low bay shops.
      3 Birkenhead Rd, Port Wentworth, GA
      View Details
    • Contact for pricing

      Port Wentworth Warehouse For Rent

      153,013 SF Class B warehouse with convenient highway access.
      101 Morgan Lakes Industrial Blvd, Port Wentworth, GA 31407
      View Details
    • Contact for pricing

      New Warehouse Near Garden City

      Modern warehouse space with convenient access to major transportation routes.
      54 Distribution Dr, Port Wentworth, GA
      View Details

    FAQs

    What type of property is this?
    Warehouse - Warehouse space available off Jimmy Deloach Parkway.
    Where is this warehouse located?
    The property is located at 121 Morgan Lakes Industrial Blvd Port Wentworth, GA.
    What are key features of this property?
    This property features: Available warehouse space: ±72,000 - 112,500 SF; Located off Jimmy Deloach Parkway; Situated on Morgan Lakes Industrial Boulevard
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Danny Chase
    Real Estate License ID: GA 334353
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!