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Commercial

$1 Auction – 15.39 AC Parcel | 5K VPD | Savannah MSA

adj. to 3727 Noel C Conaway Rd, Port Wentworth, GA 31312

Listing Price: $1

Lot Size
15.39 acres
Price/Acre
$0
Land Type
Land

Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace
Online Auction March 4-6, 2024

Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±15.39-acre land parcel located adjacent to 3727 Noel C Conaway Road (the “Property”) in Port Wentworth, Georgia approximately 15 miles northwest of downtown Savannah. This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE!

The Property is a ±15.39-acre parcel in the Savannah MSA, situated adjacent to Dollar General with frontage and visibility on McNoel C Conaway Road with traffic counts of ±5,486 vehicles per day. The Property benefits from proximity to a strong commercial node and logistics drivers within an affluent residential community. Nearby retailers include Food Lion, Family Dollar, Zaxby’s, CVS, and more. Additionally, this vacant land is positioned near some of the area’s largest employers and is just ±10-minutes from Savannah/Hilton Head International Airport, East Coast Warehouse & Distribution of Georgia, FedEx Ground Distribution, GEODIS I Contract Logistics and many others. Within five miles of the Property, the population has grown 71% since 2010 with future growth of 8.07% anticipated between 2023 and 2028. Due to its strategic location in a growing market, the Property presents investors with a prime development opportunity with the potential for significant upside.

Situated in Port Wentworth, just northwest of Savannah, the region is currently experiencing a remarkable phase of growth, making it an enticing prospect for commercial real estate investors. The 5-mile trade area is supported by ±46,915 residents boasting an average household income of ±$104,194. With easy access downtown Savannah, this offering provides the opportunity to develop an extremely well-located asset within a growth market.

Investment Highlights

  • ±15.39 AC of Land in Savannah MSA with 5,486 VPD Traffic Counts Passing Site Daily
  • Population of ±46,915 and Average Household Income of ±$104,194 (5- Mile Radius); Recent 71% Population Growth
  • Flexible B-3, Highway Commercial Zoning with Permitted Uses including Retail, Mixed-Use Residential, and Self-Storage (conditional use)
  • Nearby Retail: Food Lion, Family Dollar, Zaxby's, CVS, and more | I-95 Positioned ±5 Miles East
  • Absolute $1 Auction - NO RESERVE

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Commercial

$1 Auction – 15.39 AC Parcel | 5K VPD | Savannah MSA

Listing Price: $1

Lot Size
15.39 acres
Price/Acre
$0
Land Type
Land

Investment Highlights

  • ±15.39 AC of Land in Savannah MSA with 5,486 VPD Traffic Counts Passing Site Daily
  • Population of ±46,915 and Average Household Income of ±$104,194 (5- Mile Radius); Recent 71% Population Growth
  • Flexible B-3, Highway Commercial Zoning with Permitted Uses including Retail, Mixed-Use Residential, and Self-Storage (conditional use)
  • Nearby Retail: Food Lion, Family Dollar, Zaxby's, CVS, and more | I-95 Positioned ±5 Miles East
  • Absolute $1 Auction - NO RESERVE

Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace Online Auction March 4-6, 2024 Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±15.39-acre land parcel located adjacent to 3727 Noel C Conaway Road (the “Property”) in Port Wentworth, Georgia approximately 15 miles northwest of downtown Savannah. This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE! The Property is a ±15.39-acre parcel in the Savannah MSA, situated adjacent to Dollar General with frontage and visibility on McNoel C Conaway Road with traffic counts of ±5,486 vehicles per day. The Property benefits from proximity to a strong commercial node and logistics drivers within an affluent residential community. Nearby retailers include Food Lion, Family Dollar, Zaxby’s, CVS, and more. Additionally, this vacant land is positioned near some of the area’s largest employers and is just ±10-minutes from Savannah/Hilton Head International Airport, East Coast Warehouse & Distribution of Georgia, FedEx Ground Distribution, GEODIS I Contract Logistics and many others. Within five miles of the Property, the population has grown 71% since 2010 with future growth of 8.07% anticipated between 2023 and 2028. Due to its strategic location in a growing market, the Property presents investors with a prime development opportunity with the potential for significant upside. Situated in Port Wentworth, just northwest of Savannah, the region is currently experiencing a remarkable phase of growth, making it an enticing prospect for commercial real estate investors. The 5-mile trade area is supported by ±46,915 residents boasting an average household income of ±$104,194. With easy access downtown Savannah, this offering provides the opportunity to develop an extremely well-located asset within a growth market.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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