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Property profile & analytics
OFF-MARKET
Warehouses

111 Sparkman Dr Savannah, GA 31408

23,560 SF
Property ID
Property summary
AI-generated overview

This exceptional ±23,560 square foot warehouse, situated on approximately 8 acres, offers a unique blend of modern amenities and strategic location. The property boasts a new roof with skylights, new LED lighting, updated restrooms, and renovated offices totaling approximately 1,500 square feet. These offices are air-conditioned and equipped with high-speed internet access. The warehouse features a 16-foot building height (14-foot clear height at the beam), two dock-high doors (one oversized), and two drive-in doors. A convenient truck well with three loading positions and two pit levelers enhances operational efficiency. The warehouse is equipped with a sprinkler system and heavy electrical service (3-phase power). The expansive, newly constructed compressed gravel yard includes concrete landing pads and provides parking for approximately 42 trailers. Security is ensured with full perimeter fencing, barbed wire, a manual gate, and a 24/7 surveillance system featuring 10+ cameras and an alarm. Zoned I-1 (Light Industrial), this property is ideally located just 1.3 miles from the Garden City Terminal, offering unparalleled access to the Port of Savannah. The substantial acreage presents significant potential for future warehouse expansion or the addition of a rail spur (CSX).

Property profile
Verified
Property type Warehouses
Total area 23,560 SF
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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