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

    5289 Wilma Edwards Rd Ellabell, GA 31308

    View on Map
    Loading data...
    Loading data...
    Loading data...
    Pending
    $3,000,000

    Commercial property available for purchase in Ellabell, Georgia.

    Lot size:
    6.90 Acres

    Property Features for 5289 Wilma Edwards Rd

    General Information

    Standard status
    Pending
    Lot size
    6.90 Acres

    We can help!

    Listing Contact
    Jordan Roberson
    Source: Exitrealty

    Listing Agency: Keller Williams Realty Coastal Area Partners Listing Agent: Jordan Roberson

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

    Learn more

    Overview

    Ellabell Commercial Property for Sale

    Located in Ellabell, Georgia, this commercial property is available for sale. The property is categorized as a specialty property, falling under the broader classification of commercial real estate.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    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
    -81.49358
    Latitude
    32.166626

    Nearby Similar for Sale

    • $200,000
      5.50 Acres

      Land For Sale, Ellabell, GA

      5.5 acre land parcel available in Ellabell, Georgia.
      5036 Cherrywood Dr, Ellabell, GA 31308
      View Details
    • $323,000
      1,240 SF

      Ellabell Commercial Property - B-2 Zoning

      Half-acre lot, 1240 sq ft building, prime location.
      5155 Wilma Edwards Rd, Ellabell, GA 31308
      View Details
    • $1,350,000
      6.29 Acres

      Prime Ellabell Commercial Land

      Highway 280 frontage, near Hyundai Plant
      12288 Us Highway 280, Ellabell, GA 31308
      View Details
    • $3,175,000
      14.73 Acres

      Prime Ellabell Commercial Land

      14.73 Acres Near Hyundai Plant
      12206 Us Highway 280, Ellabell, GA 31308
      View Details
    • $2,600,000
      10.66 Acres

      Prime Ellabell Commercial Land

      10.66 Acres Near Hyundai Plant
      12138 Us Highway 280, Ellabell, GA 31308
      View Details
    • $7,500,000
      20.00 Acres

      Prime Ellabell Industrial Land

      20-Acre Distribution/Flex Site, $7.5M
      8527 Ga-119, Ellabell, GA 31308
      View Details
    • $800,000
      3.58 Acres

      Ellabell, GA Commercial Land Opportunity

      3.58-acre corner lot, high-growth area.
      2345 Eldora Rd, Ellabell, GA 31308
      View Details
    • $995,000
      27.02 Acres

      Prime Ellabell Commercial Land

      27 Acres Near Hyundai Plant - Huge Potential
      5329 May Rd, Ellabell, GA 31308
      View Details
    • $14,640,000
      49.60 Acres

      Prime Ellabell Industrial Land

      49.6 Acres Near Hyundai Plant
      256 Knights Cemetery Rd, Ellabell, GA 31308
      View Details
    • $4,130,000
      59.00 Acres

      Prime Ellabell Development Land

      59 Acres Near Hyundai Plant
      00 Wilma Edwards Rd, Ellabell, GA 31308
      View Details
    • $1,600,000
      8.00 Acres

      Prime Ellabell Industrial Land

      8 Acres Near Hyundai & Port of Savannah
      220 Us Hwy 80 Hwy, Ellabell, GA 31308
      View Details
    • $7,000,000
      35.10 Acres

      Prime Ellabell Land Near Hyundai Plant

      Exceptional 35-acre development opportunity.
      9625 Hwy 280 Hwy, Ellabell, GA 31308
      View Details

    FAQs

    What type of property is this?
    Specialty property - Commercial property available for purchase in Ellabell, Georgia.
    Where is this specialty property located?
    The property is located at 5289 Wilma Edwards Rd Ellabell, GA.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: - Commercial property available for purchase.; - Located in Ellabell, Georgia.
    (912) 977-6356
    Request Owner's contact information
    5289 Wilma Edwards Rd Ellabell, GA 31308
    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.
    5289 Wilma Edwards Rd
    Ellabell, GA 31308
    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
    5289 Wilma Edwards Rd Ellabell, GA 31308
    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

    We can help!
    Listing Contact
    Jordan Roberson
    Real Estate License ID: 379906
    (912) 977-6356 (912) 356-5001
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!