390 Fort Argyle Rd is no longer a vacant yard. It is now a leased investment. When the owner sold his vehicle recovery business, the buyer kept the operation in place and signed a lease on the property. Rent began August 21, 2026 at $6,200 per month and rises 1.5% each year. The tenant has a five-year renewal option. Under the lease, the tenant pays utilities and handles the upkeep of the fencing, gates, locks, lighting, drainage and on-site trailer. The landlord pays real estate taxes and insurance and maintains the grass and yard during the initial term. For an investor, that means rent from closing with light landlord duties. Year-1 net operating income is about $68,744 before insurance, a 7.24% cap rate at the $950,000 asking price.
Industrial outdoor storage near the Port of Savannah is scarce, and new yards are hard to entitle. This 1.5-acre site is already fully permitted, zoned I-L, fenced and gated, with room for 25 to 50+ trailer positions depending on layout. While the lease is in place, a buyer collects rent from an operator who bought the business already running on this site and has every reason to stay. If the space ever comes back, the buyer has a plug-and-play yard ready for truck parking, trailer and container storage, contractor fleets, or an owner-user. That backstop gives this property a downside most small investments don't have.
The property sits along Fort Argyle Rd in a growing South Savannah industrial corridor. It is about half a mile from the I-95 / Highway 204 interchange and roughly 25 minutes from the Port of Savannah's Garden City Terminal, one of the busiest container ports in the U.S. Quick access to I-95 and I-16 connects the site to Jacksonville, Charleston and Atlanta, and Highway 204 (Abercorn Extension) gives tractor-trailers and oversized equipment easy local access without port-adjacent congestion. Growth in Georgetown, Berwick and Richmond Hill keeps demand strong for fleet storage, equipment staging and service-dispatch yards, which supports the tenant now and the property's value long term.
The area continues to experience strong demand and competitive activity. Whether you're just starting your home search or ready to make an offer, understanding this market will help you make smart, confident decisions.
Tenant-occupied. All showing by appointment through the listing agent; please do not visit the site or contact the tentant directly.
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