Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Warehouse with Highway Commercial Zoning Title is generated by Realmo AI

    9990 Hwy 67, Statesboro, GA

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Warehouse with living suite on 5.38 acres for sale.

    Type:RETAIL
    Property size:
    12,000 SF
    Lot size:
    5.38 Acres
    Price / SF:
    $100/SF
    Added:
    Mar 14, 2025
    Days on Market:
    449
    Last Refresh:
    May 20 at 8:52 pm

    Property Features for 9990 Hwy 67

    General Information

    Standard status
    Active
    Size
    12,000 SF
    Lot size
    5.38 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Victoria Willis

    Listing agent Victoria Willis

    Listing office Pen Pointe Brokers LLC

    Listing date Mar 14, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Pen Pointe Brokers LLC

    HighLights

    • 5.38 acres zoned Ag‑5 / Highway Commercial in rapidly growing Bulloch County.
    • 10,000 square‑foot warehouse (approx. 6,000 sq ft heated/cooled) suitable for office, flex space, or logistics.
    • Move‑in ready 2,200 square‑foot living suite with 2 beds and 2 full baths.
    • High visibility with nearly 700 feet of road frontage on HWY 67.
    • Strategic location: 3 miles to I‑16, near Georgia Southern University, downtown Statesboro and Hyundai Metasite.
    • Significant nearby development, including Hyundai Motors Metasite and almost 600 residential lots.

    Overview

    This property features a 10,000 square-foot warehouse on 5.38 acres zoned Ag-5 / Highway Commercial. Approximately 6,000 square feet of the warehouse is heated and cooled. It also includes a move-in ready 2,200 square-foot living suite with 2 beds and 2 full baths. The warehouse space is currently used as an antique store but could be converted to an office, flex warehouse space, or a logistics hub. With nearly 700 feet of road frontage on HWY 67, the property benefits from high visibility. It is located 3 miles from I-16, 9 miles from Georgia Southern University, 11 miles from downtown Statesboro, 15 miles from the Bruce Yawn Commerce Parkway, and 21 miles from the new Hyundai Metasite. Several manufacturing facilities are being built nearby, including Hyundai Motors Metasite, Aspen Aerogels, Ajin USA, Hanon Systems, and Ecoplastic Corporation. Almost 600 residential lots / homes are being developed within 4 miles of the property. The property has a 4″ well that services the warehouses. There is also an adjacent +/-47 acres for sale that is currently being used for agricultural production that could bought to expand the development opportunities exponentially. The +/- 47 acres is zoned Ag-5 currently, but the seller will be applying for HC rezone.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Statesboro
    County
    Bulloch
    State
    Georgia
    Longitude
    -81.7291
    Latitude
    32.3039

    Nearby Similar for Sale

    • $1,690,000
      13,836 SF

      Historic Statesboro Inn Opportunity

      Landmark property with hospitality and redevelopment potential in downtown Statesboro.
      106 S Main Street, Statesboro, GA 30458
      View Details
    • $3,000,000
      17,288 SF

      Statesboro Multifamily Investment Opportunity

      Newer 16-unit multifamily property near Georgia Southern University.
      93 Briarwood Road, Statesboro, GA 30458
      View Details
    • $4,700,000
      7,696 SF

      Statesboro Commercial Property Near University

      6-acre commercial property with existing building near Georgia Southern.
      2 Ed Moore Court, Statesboro, GA 30458
      View Details
    • $3,000,000

      Statesboro Multifamily Investment Opportunity

      Newer 16-unit multifamily property near Georgia Southern University.
      93 Briarwood Road, Statesboro, GA 30458
      View Details
    • $1,499,900
      9,000 SF

      Mixed-Use Investment in Statesboro, GA

      Mixed-use property with commercial and residential units in high-demand area.
      1213 Merchant Way, Statesboro, GA 30458
      View Details
    • $229,000
      1,815 SF

      Statesboro Multifamily Duplex Investment Opportunity

      Well-maintained duplex with strong rental income potential in Statesboro.
      315 Brannen Street, Statesboro, GA 30458
      View Details
    • $325,000
      1,694 SF

      Highway Frontage Retail Opportunity

      Retail building with highway frontage and development potential.
      152 E Parrish St, Statesboro, GA 30458
      View Details
    • $275,000

      Statesboro Multi-Family Brick Home

      Built in 2021, leased, brick home near amenities.
      201 Zetterower Road, Statesboro, GA 30458
      View Details
    • $1,900,000
      2,400 SF

      COMMERCIAL - Statesboro, GA

      17187 Highway 67, Statesboro, GA 30458
      View Details
    • $1,499,900
      9,000 SF

      Mixed-Use Investment Opportunity

      Mixed-use property with commercial and residential units in high-demand area.
      1213 Merchant WAY, Statesboro, GA 30458
      View Details
    • $149,000

      Statesboro Townhome Near Forest Heights

      Two-bedroom townhome in Forest Heights area with community pool.
      15 Woodrum Place, Statesboro, GA 30458
      View Details
    • Contact for pricing

      Grocery Storefront with Negotiable Terms

      Grocery storefront available as SAVE A LOT vacates, with negotiable lease terms and FF&E available for transfer.
      1848 Northside Dr East, Statesboro, GA 30458
      View Details

    FAQs

    What type of property is this?
    Storefront property - Warehouse with living suite on 5.38 acres for sale.
    Where is this storefront property located?
    The property is located at 9990 Hwy 67 Statesboro, GA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 5.38 acres zoned Ag‑5 / Highway Commercial in rapidly growing Bulloch County.; **10,000 square‑foot warehouse** (approx. 6,000 sq ft heated/cooled) suitable for office, flex space, or logistics.; **Move‑in ready 2,200 square‑foot living suite** with 2 beds and 2 full baths.
    (404) 425-8949 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Victoria Willis
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    9990 Hwy 67, Statesboro, GA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!