Industrial Warehouse Space For
For Sale
$5,130,000
425 Wilbanks Dr, Ball Ground, GA 30107
38,000 square foot industrial warehouse in Ball Ground, GA.
Property Size38,000 SF
Days on Market339
Property Features for 425 Wilbanks Dr
General Information
Standard status
Active
Size
38,000 SF
Property subtype
Industrial
Building Details
Building Size
38,000 SF
Year Built
1997
Listed By:
Billy Snowden, SIOR
(770) 354-5981
Source:
Lee-associates
Added: Nov 24, 2025
Changed: Oct 25
Last Checked: Oct 28 at 7:08AM
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 Billy Snowden, SIOR
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Investment Insights
Based on property information with market context.
This industrial property, located in Ball Ground, GA, features a 38,000 square foot warehouse. It is classified under industrial properties and other warehouses.
Key Highlights
- 38,000 square foot industrial warehouse
- Located in Ball Ground, GA
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$278,952
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,579,040
$5.6M
Cap Rate 7%
$3,985,029
$4.0M
Cap Rate 9%
$3,099,467
$3.1M
Market Conditions
NOI Build-Up for 38,000 SF
Gross rent
$360.2K $9.48/SF
− Vacancy
−$32.1K −$0.84/SF
EGI
$328.2K $8.64/SF
− OpEx
−$49.2K −$1.30/SF
NOI
$279.0K $7.34/SF
Area
Cherokee County, GA
Vacancy
8.90%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,579,040
Cap Rate 7%
$3,985,029
Cap Rate 9%
$3,099,467
Alternative Uses
Best Use
Warehouse
$3.99M
$3.49M – $4.65M
NOI $278,952 @ 7.0% cap · market cap 5.44%
Second Best
Industrial
$3.31M
$2.89M – $3.86M
NOI $231,490 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$10.67M
$9.34M – $12.45M
NOI $746,928 @ 7.0% cap · market cap 14.56%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
136
Businesses Nearby
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Business Placement
Demographics for 30107, GA
16,528
Population
6,536
Households
2.5
Avg Household Size
42
Median Age
31%
College-Educated
93%
High-School Grad
108.1 sq mi
ZIP Area
153
Density / Sq Mi
$105,561
Median Household Income
$49,962
Median Earnings
$1,120
Median Rent
$364,300
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Industrial property - 38,000 square foot industrial warehouse in Ball Ground, GA.
Where is this industrial property located?
The property is located at 425 Wilbanks Dr Ball Ground, GA.
What is the asking price?
The asking price for this property is $5,130,000.
What are key features of this property?
This property features: 38,000 square foot industrial warehouse; Located in Ball Ground, GA
