Industrial Warehouse Space For
425 Wilbanks Dr Ball Ground, GA
For Sale
Contact for pricing
38,000 square foot industrial warehouse in Ball Ground, GA.
Property Size38,000 SF
Lot Size2.22 Acres
Price / SF$142.50
Days on Market289
Property Features for 425 Wilbanks Dr
General Information
Standard status
Active
Size
38,000 SF
Lot size
2.22 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Lee & Associates
(770) 354-5981
Listed By:
Billy Snowden
(770) 354-5981
Source:
Moodyscre
Added: Oct 15, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:56AM
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 Lee & Associates
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 For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $360.2k | $9.48 |
| − Vacancy | −$32.1k | −$0.84 |
| EGI | $328.2k | $8.64 |
| − OpEx | −$49.2k | −$1.30 |
| NOI | $279.0k | $7.34 |
38,000 SF · lease $9.48/SF/yr · vacancy 8.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.99M
$3.49M – $4.65M
NOI $278,952 @ 7.0% cap · market cap 5.15%
Second Best
Industrial
$3.31M
$2.89M – $3.86M
NOI $231,490 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$10.67M
$9.34M – $12.45M
NOI $746,928 @ 7.0% cap · market cap 13.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
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 $5,415,000.
What are key features of this property?
This property features: 38,000 square foot industrial warehouse; Located in Ball Ground, GA
