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Property profile & analytics
OFF-MARKET
Industrial land
450 Ft Argyle Rd Savannah, GA 31419-9232
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-4116332
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
130.21 ac (5,671,948 SF)
Zoning code
RA
APN
2-1034 -01-059
UPID
US22-4116332
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
-
Black Rifle Coffee Company Cafe Cafe & Coffee Shop
-
Nine Line Apparel Clothing Store Store
-
Nine Line Apparel & Black Rifle Coffee Shop - Savannah Clothing Store Screen Printer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Asset Recovery Services LLC · 2 yrs held
Asset Recovery Services LLC
since 2023
Last sale
$350,000
3 recorded transactions
Zoning & alternative use
RA · Savannah, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Savannah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Savannah submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$320,800
Assessed 2024
Previous assessed
$220,440
+45.5% YoY
Assessed land
$320,800
Land market value
$802,000
Total market value
$802,000
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
130.21 ac (5,671,948 SF)
Zoning code
RA
APN
2-1034 -01-059
UPID
US22-4116332
Jurisdiction
CHATHAM
Zoning & alternative use
RA · Savannah, GA
Zoning RA · permitted uses
RA · Savannah, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Savannah. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
130.21 ac
Current owner
From public records · entity-resolved
Asset Recovery Services LLC
Entity
Mailing address
450 FT ARGYLE RD, SAVANNAH, GA 31419-9232
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2023
$350,000
Asset Recovery Services LLC
Merritt Land Holding LLC
Warranty Deed
$368,580 · Queensborough National Bank
Jun 14, 2021
$5,370,600
Wl Southeast Gateway Owner LLC
Merritt Land Holding LLC
Limited Warranty Deed
$50,900,000 · Cibc Bank USA
Dec 23, 2020
$2,779,000
Waste Management Of Georgia INC
Merritt Land Holding LLC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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