390 Fort Argyle RD, Savannah, GA 31419
390 Fort Argyle RD, Savannah, GA 31419
390 Fort Argyle RD, Savannah, GA 31419
390 Fort Argyle RD, Savannah, GA 31419
390 Fort Argyle RD, Savannah, GA 31419
390 Fort Argyle RD, Savannah, GA 31419
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$ 950,000
Est. payment | /mo

1.5 Acres Lot


$ 950,000
Est. payment | /mo

1.5 Acres Lot

Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SA355003

HOA Y/N No

Lot Size 1.500 Acres

Acres 1.5

Property Sub-Type Land

Source SAV

Property Description

Income-producing industrial outdoor storage opportunity in South Savannah. This ±1.5-acre yard is zoned I-L (Light Industrial), fully permitted, and sits just half a mile from the I-95 / Hwy 204 interchange. It's fenced, has two automated gates, and comes with an office/storage trailer and a gravel yard that holds roughly 25–50+ trailers depending on layout. The property is leased to Absolute Recovery, LLC, which bought the vehicle recovery business already running on site and chose to stay. Current rent is $6,200/month with 1.5% annual increases and a 5-year renewal option. The tenant pays utilities and maintains the fencing, gates, lighting, gravel and trailer. The landlord pays taxes of about $5,656/year, for a 7.24% cap rate before insurance. The Port of Savannah's Garden City Terminal is about 25 minutes away, and I-16 is close by. Buy it as an investment with income from day one, or own a turnkey yard for truck parking, trailer and container storage, or contractor use down the road. Hard-to-find, permitted IOS in a supply-constrained port market. The tenant is in occupancy, so showings are by appointment only. Please do not visit the site or contact the tenant.

Location

State GA

County Chatham

Direction From I-95 Exit 94, travel west on GA-204 / Fort Argyle Rd toward Pembroke. Continue on Fort Argyle Rd for approximately 1 mile. The property, 390 Fort Argyle Rd, will be on the right-hand side, near the Southeast Gateway / Fort Argyle industrial corridor.

Exterior

Utilities Available Underground Utilities, Sewer Not Available

View Panoramic

Building

Water Public, None

Others

Tax ID 2103401068

Acceptable Financing Cash, 1031 Exchange, Other, Private Financing Available

Listing Terms Cash, 1031 Exchange, Other, Private Financing Available

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/sav/SA355003

Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors / Mountain Lakes Board of Realtors
Listed by Keller Williams Coastal Area P

Nearby Locations

Mathews Coastal Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(912) 913-3199

info@mathewscoastalrealty.com

18433 HWY 144, Richmond Hill, GA 31324, USA

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390 Fort Argyle RD