Property summary
This Savannah, Georgia industrial property presents a compelling investment opportunity. The 8,500-square-foot flex space building, constructed in 1977, sits on a 0.52-acre lot and is zoned LIR (Light Industrial Restricted). Conveniently located near Ogeechee Road and Lynes Parkway, it offers easy access to downtown Savannah, Garden City, and the Georgia Ports Authority. The single-story building features five offices and substantial warehouse space. Currently tenant-occupied, although no formal lease exists, a 60-day notice is required for tenant vacating. The asking price is $1,250,000, translating to $147.06 per square foot. This property's prime location and versatile space make it an attractive prospect for investors seeking a strong return. The property's address is 2015 Mills B Ln Blvd, Savannah, GA 31405. The building's single-story design and convenient access points contribute to its operational efficiency. The existing tenant occupancy provides immediate cash flow potential, although investors should factor in the 60-day notice requirement for vacancy. This presents a chance to acquire a well-situated industrial property in a thriving market.
Property profile
VerifiedCap rate & NOI
Current use
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Big Box & Wholesale Store
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Corporate Office
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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