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Commercial Property in Lula, GA
For Sale
$329,900

7067 Wheeler Road, Lula, GA 30554

COMMERCIAL - Lula, GA

Property Size4,428 SF
Lot Size0.62 Acres
Price / SF$74.50
Days on Market113

Property Features for 7067 Wheeler Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning CBD
Parking 10
Parking features Parking Lot
Window features Wood Frames
Interior features Reception Area, Restrooms
Lot features Cul-De-Sac, Level
Directions GPS
Standard status Active
APN 09052 000042
Size 4,428 SF
Lot size 0.62 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1104

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Heat Pump (Heating)
Cooling system Heat Pump
Water source Well

Building Details

Year built 1989
Floors in Building 1
Flooring type Concrete
Building materials Block, Vinyl Siding
Roof type Metal
Listing Agency: Dream Homes Realty, Inc.
Listed By: Peggy Clouse · License #211492
Added: Apr 9 Changed: Jul 28 Last Checked: Jul 30 at 1:06PM
MLS# 7750196

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial property, originally built for a cabinet shop, is located in a residential area of Lula, GA. Zoned commercial (CBD), the 4428-square-foot property on 0.62 acres is suitable for a warehouse or other commercial business. The property is located at 7067 Wheeler Road, Lula, GA 30554, Hall County.

Key Highlights

  • Zoned commercial, suitable for various business ventures
  • Originally built for a cabinet shop, offering potential for similar businesses or warehouse use
  • Features a reception area and restrooms

Financial Insights For Industrial

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 $40.6k $9.18
− Vacancy −$2.8k −$0.62
EGI $37.9k $8.56
− OpEx −$11.4k −$2.57
NOI $26.5k $5.99
4,428 SF · lease $9.18/SF/yr · vacancy 6.80% · expense 30.00%

Alternative Uses

Best Use
Warehouse
$464.4K
$406.3K – $541.8K (±1% cap)
NOI $32,505 @ 7.0% cap · market cap 9.85%
Second Best
Industrial
$378.8K
$331.5K – $442.0K (±1% cap)
NOI $26,519 @ 7.0% cap · market cap 8.04%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M (±1% cap)
NOI $86,805 @ 7.0% cap · market cap 26.31%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Lake Lanier Propeller ... Factory

Suggested Use

Top Pick Electrical Service Auto Parts Store Hair Salon Pharmacy Bakery Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby
Well-served
Demand for This Use

Demographics for 30554, GA

8,394
Population
3,476
Households
2.4
Avg Household Size
40
Median Age
18%
College-Educated
86%
High-School Grad
71.5 sq mi
ZIP Area
117
Density / Sq Mi
$81,789
Median Household Income
$42,386
Median Earnings
$985
Median Rent
$239,400
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Warehouse - Commercial property suitable for warehouse or business venture in Lula.
Where is this warehouse located?
The property is located at 7067 Wheeler Road Lula, GA.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Zoned commercial, suitable for various business ventures; Originally built for a cabinet shop, offering potential for similar businesses or warehouse use; Features a reception area and restrooms
More about this property
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