Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5155 Wilma Edwards Road Ellabell, GA 31308

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $250,000

    Half-acre commercial property near Hyundai plant, zoned B-2.

    Type:Commercial/Industrial
    Property size:
    1,240 SF
    Lot size:
    0.50 Acres
    Price / SF:
    $201/SF
    Added:
    Mar 11, 2026
    Days on Market:
    49
    Last Refresh:
    Apr 6 at 2:06 am

    Property Features for 5155 Wilma Edwards Road

    General Information

    Standard status
    Active
    Size
    1,240 SF
    Lot size
    0.50 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1978

    We can help!

    Listing Contact
    Richard T Eilerman

    Listing agent Richard T Eilerman License #368990

    Listing office Coast & Country Real Estate Experts

    Listing date Mar 11, 2026

    Source Exitrealty

    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 Coast & Country Real Estate Experts

    Overview

    Ellabell Commercial Property For Sale

    This half-acre commercial property is located in Ellabell, situated minutes from the new Hyundai plant, local golf courses, and other amenities. Zoned B-2, the property is suitable for various business opportunities. A building of 1240 square feet is already in place and currently occupied on a month-to-month lease, providing flexibility for new owners. Power and water are available. The location ensures visibility and accessibility, making it suitable for business owners or developers.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ellabell
    County
    Bryan
    State
    Georgia
    Longitude
    -81.493
    Latitude
    32.167

    Nearby Similar for Sale

    • $350,000

      Commercial Land Near Hyundai Plant

      0.8-acre commercially zoned land near Hyundai plant entrance.
      Wilma Edwards Road, Ellabell, GA 31308
      View Details
    • $1,000,000

      Prime Land Near Hyundai Plant

      30.71 acres near Hyundai plant, suitable for development.
      1800 Olive Branch Road, Ellabell, GA
      View Details
    • $2,250,000

      Ellabell Land Near Hyundai Metaplant

      4.76 acre commercial land near I-16 and Hyundai Metaplant.
      407 Deer Run Road, Ellabell, GA 31308
      View Details
    • $2,655,000

      Ellabell Land Near Hyundai Plant

      Prime land near Hyundai Meta Plant suitable for residential/commercial development.
      Wilma Edwards Road, Ellabell, GA 31308
      View Details
    • $6,500,000

      170-Acre Development Opportunity Near I-16

      170-acre land tract ideal for commercial or light industrial development.
      641 Us Highway 80 E, Ellabell, GA 31308
      View Details
    • $750,000

      Ellabell Land: Versatile Agricultural Opportunity

      23.78 acres in Ellabell, GA, suitable for agriculture/development.
      276 Hwy 119 N, Ellabell, GA 31308
      View Details
    • $3,470,000
      1 SF

      Mobile Home Community Near Hyundai

      Fully occupied mobile home community near Hyundai EV plant.
      8466 E Hwy 280, Ellabell, GA 31308
      View Details
    • $750,000

      Ellabell Land with Development Potential

      23.78 acres in Ellabell, GA, suitable for various uses.
      276 Hwy 119 N, Ellabell, GA 31308
      View Details
    • $499,000
      2,760 SF

      Commercial Land Near I-16

      2 acre commercial property with highway commercial zoning.
      215 O Hines Lane, Ellabell, GA 31308
      View Details
    • $6,500,000

      170 Acres Development Opportunity

      170-acre land tract ideal for commercial or light industrial development.
      641 US Highway 80 E, Ellabell, GA 31308
      View Details
    • $2,499,000
      1,900 SF

      Highway Commercial Property with Acreage

      17 acres of commercial property with highway frontage and pond.
      348 Lennies Pond Road, Ellabell, GA 31308
      View Details
    • $67,000

      Ellabell Acreage for Custom Home

      2.27 acre lot near Savannah and Hyundai plant.
      Freeman Drive, Ellabell, GA 31308
      View Details

    FAQs

    What type of property is this?
    Commercial land - Half-acre commercial property near Hyundai plant, zoned B-2.
    Where is this commercial land located?
    The property is located at 5155 Wilma Edwards Road Ellabell, GA.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Prime location minutes from the new Hyundai plant.; Zoned B‑2, suitable for a wide variety of business opportunities.; Half‑acre commercial property with high visibility and easy accessibility.
    (912) 754-0786
    We can help!
    Listing Contact
    Richard T Eilerman
    Real Estate License ID: 368990
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!