2015 Mills B Lane Blvd Savannah, GA 31405
- Industrial properties
- 8,500 SF
- 0.52 lot acres
Current Use by Public Records
- Morris Hardwood Distribution / Wholesaler / Lumber Store
- Coastal Heart Pine & Specialty Lumber / Corporate Office
Property Details for 2015 Mills B Lane Blvd
- Year built
- 1977
- Lot size
- 0.52 lot acres
- Property size
- 8,500 SF
- Property type
- Industrial properties
- Property subtype
- Flex space
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Savannah
- County
- Chatham
- State
- Georgia
- Longitude
- -81.1402
- Latitude
- 32.0534
