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Property profile & analytics
FOR LEASE
Manufacturing properties

2589 W Bay St Savannah, GA 31408

6,501 SF 0.55 ac lot Built 1959
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US22-2291305
Property summary
AI-generated overview

This exceptional Savannah, GA property offers 6,858 square feet of flexible industrial space on a 1.19-acre lot, perfectly situated for businesses needing both office and warehouse space. The property, built in 1959 and renovated in 2021, boasts a single-story building with a 17-foot ceiling height, ideal for various uses. The 4,658-square-foot warehouse area features two loading docks, three roll-up doors, and a shower. The upscale office space, totaling 2,200 square feet, includes a reception area, conference room, six private offices, a kitchen, and two restrooms. The property also includes a separate .64-acre fenced parcel, perfect for ample vehicle parking. Its prime location offers easy access to major transportation arteries, including I-16, Highway 21, Highway 80, and I-95, placing it within 3.1 miles of the Port of Savannah. This single-tenant property is zoned for light industrial use and presents a unique opportunity for businesses seeking a versatile and strategically located space. The entire 6,858 square feet is currently vacant.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1959
Total area 6,501 SF
Lot 0.55 ac (24,045 SF)
Zoning code I-L
APN 2-0025 -05-004
UPID US22-2291305
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
  • All - Safe Industrial Services, Inc. General Contractor Construction Company
  • Ark Fabricators Metal Fabrication Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$545k
Owner & transaction history
Duncan & Brittain Holding Co LLC · 1 yrs held
Duncan & Brittain Holding Co LLC
since 2024
7 recorded transactions
2024
Price N/A
2024
Price N/A
2024
Price N/A
2024
$325,000
2020
$400,000
2016
Price N/A
2010
Price N/A
Zoning & alternative use
I-L · Savannah, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

District is established to provide for a wide range of research and development, light manufacturing and assembly, warehousing, and wholesaling activities as well as some support services

Zone name Light Industrial
General category INDUSTRIAL
Zone area 6,525.32 ac
Source Realmo
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