11 Lathrop Ave Savannah, GA 31415
This Savannah, Georgia industrial property, located at 11 E Lathrop Ave, offers 4,200 square feet of versatile space, currently operating as a learning academy. Built in 1940 and renovated in 2015, this Class C property sits on an 8,102 square foot lot and includes two buildings. The asking price is $950,000, translating to $226.19 per square foot. With 100% occupancy, the property boasts nine parking spaces and is zoned IL-R. Its prime location near Savannah's ports and industrial hub provides excellent accessibility via major transportation routes and high-traffic areas. The property's history as a warehouse makes it easily adaptable for various uses, including a school, flex space, or repair shop. An adjacent property at 17 E Lathrop Ave (available for $1.5M, but only after purchase of this property) could serve as an annex or rental property. This presents a unique opportunity for owner-users seeking a flexible and strategically located industrial space.
-
Crossing Jordan Learning Academy Daycare Center Foster Care Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.