Big time potential for investment income here! This offering includes two parcels (0531 047 04 & 0531 047 02) totaling a highly sought-after 3.45 acre I-1 zoned property in Richmond Hill.
Current Income & Improvements:
6,000 sq. ft. industrial building – fully leased and bringing in $7,200/month
13,000 sq. ft. of mini storages – currently ~50% occupied, producing $6,800/month with tremendous upside as occupancy improves. Vacancy due to owner neglect.
1.29-acre raw lot – development-ready with potential for a 15,000 sq. ft. new build. (preliminary site and building plans in hand0
Highlights:
Immediate cash flow with $13K+ monthly income
Substantial value-add upside through lease-up of mini storages and building of a new commercial building.
Expansion potential on the 1.29-acre lot
Rare I-1 zoning in Richmond Hill’s fast growing town.
Strong location with access to major corridors and Savannah’s thriving port economy
This property offers the best of both worlds: stable existing income and major growth potential. An outstanding opportunity for investors, developers, or owner-users looking to secure a footprint in one of the hottest industrial corridors in Coastal Georgia.