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Property profile & analytics
OFF-MARKET Estimated value $5,615,000
Industrial properties

1871 Grv Pt Rd Savannah, GA 31419-8874

11,672 SF 4.38 ac lot Built 2018
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-1564242
Property summary
AI-generated overview

This ±6,900 square foot flex building is available for lease immediately and presents a fantastic opportunity for businesses seeking a versatile space in Savannah, Georgia. The property boasts a spacious ±4,850 square foot warehouse area, complemented by a ±900 square foot mezzanine for additional storage or office space. A substantial ±1,150 square foot office area provides ample room for administrative functions. The building features five convenient drive-in doors, facilitating efficient loading and unloading. Construction is of high quality, utilizing clear span, poured solid split-face block, ensuring durability and strength. The warehouse boasts a generous 16-foot eave height, rising to 29 feet at the peak, providing ample vertical space. The property is equipped with 3-phase 240V electrical service and natural gas service, catering to a variety of business needs. Strategically located just 0.5 miles from Highway 204 and 3.8 miles from Interstate 95, this property offers unparalleled access to Savannah and the surrounding areas, ensuring seamless transportation and logistics. This prime location provides easy access to major transportation arteries, making it an ideal choice for businesses requiring convenient access to key infrastructure. The property is situated in Chatham County, Georgia, and has a Savannah, GA mailing address with zip code 31419.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2018
Total area 11,672 SF
Lot 4.38 ac (190,793 SF)
Zoning code PUDC
APN 1-1004 -01-049
UPID US22-1564242
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • savannah cows Storage Facility
  • ITT PRO Services - Savannah Hardware & Home Improvement General Contractor
  • Sea Island Bonded Storage Moving Company
  • ITT Goulds PRO Services Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.62M
Owner & transaction history
D & A Grove Point LLC · 12 yrs held
D & A Grove Point LLC
since 2014
1 recorded transaction
2014
Price N/A
Zoning & alternative use
PUDC · Savannah, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $6.7M +4.8%
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