Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Highway 280 Land For Sale Title is generated by Realmo AI

    US-280, Pembroke, GA 31321

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    248 acres on Highway 280 near Hyundai EV plant.

    Type:Land
    Lot size:
    248.00 Acres
    Added:
    Sep 16, 2024
    Days on Market:
    628
    Last Refresh:
    May 12 at 8:21 pm

    Property Features for US-280

    General Information

    Standard status
    Active
    Lot size
    248.00 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Rhett Mouchet

    Listing agent Rhett Mouchet License #GA 60903

    Listing office Colliers - Savannah, Georgia

    Listing date Sep 16, 2024

    Source Crexi

    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 Colliers - Savannah, Georgia

    HighLights

    • ±248 acres with approximately ±140 upland acres on Highway 280.
    • Located 9.5 miles from Hyundai’s $7.6 Billion EV Plant (completion January 2025).
    • Located within the City Limits of Pembroke.
    • Zoned AR‑1 (Potential for Mixed Use Re‑zoning).
    • Benefit from ±2,351’ of frontage on Highway 280.
    • 9,730 vehicles passing the site each day.

    Overview

    This property features approximately 248 acres, with about 140 upland acres available for sale on Highway 280. Situated within the city limits of Pembroke, the site benefits from approximately 2,351 feet of frontage on Highway 280, which sees a daily traffic count of 9,730 vehicles. The surrounding area includes over 5,000 households. Zoned AR-1, the property has potential for mixed-use re-zoning. It is located 9.5 miles from Hyundai’s $7.6 billion EV plant, an upcoming facility slated for completion in January 2025, which is expected to employ approximately 8,500 workers.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Pembroke
    County
    Bryan
    State
    Georgia
    Longitude
    -81.655816
    Latitude
    32.138105

    Nearby Similar for Sale

    • $650,000

      Pembroke Land with Commercial Potential

      3.11 acre lot ideal for medical, retail, or office.
      411 W Railroad Street, Pembroke, GA 31321
      View Details
    • $1,694,700

      48.42 Acres Near Interstate 16

      Wooded parcel near I-16, suitable for various uses.
      Arcola Road, Pembroke, GA 31321
      View Details
    • $1,300,000

      Pembroke Land with Private Lake

      48.43-acre property with lake, barns, and homesite potential.
      1000 I G LANIER RD GA 31321, Pembroke, GA 31312
      View Details
    • $1,694,700

      Pembroke Land Near Interstate 16

      48.42 acre wooded parcel near Interstate 16.
      Arcola Road, Pembroke, GA 31321
      View Details
    • $125,000

      Pembroke, GA - 5 Acre Tract

      5-acre tract in Southeast Bulloch County, perfect for country living.
      Martin Road, Pembroke, GA 31321
      View Details
    • $650,000

      Pembroke Land Near Hyundai Plant

      3.11 acre lot suitable for medical, retail, or office development.
      411 W. Railroad Street, Pembroke, GA 31321
      View Details
    • $2,380,000

      119 Acres Near I-16

      119 acres of AG zoned land near I-16.
      6703 Buchan Road, Pembroke, GA 31321
      View Details
    • $2,661,500

      Prime Land Near Interstate 16

      53.23 acres near I-16, suitable for various uses.
      20945 Georgia 46, Pembroke, GA 31321
      View Details
    • $144,000

      Pembroke Land Parcel For Sale

      5.24 acre cleared lot ready for custom home.
      Charles Shuman Road lot: 7, Pembroke, GA 31321
      View Details
    • $139,500

      Pembroke, GA Land Opportunity

      4.19 acre cleared homesite near major highways.
      Charles Shuman Road lot: 4, Pembroke, GA 31321
      View Details
    • $199,900

      Pembroke, GA - 1 Acre Land

      One-acre tract within Pembroke city limits, suitable for development.
      351 Poplar, Pembroke, GA 31321
      View Details
    • $139,500

      Ellabell Area Land For Sale

      3.5 acre cleared home site in Ellabell area.
      Charles Shuman Road lot: 6, Pembroke, GA 31321
      View Details

    FAQs

    What type of property is this?
    Commercial land - 248 acres on Highway 280 near Hyundai EV plant.
    Where is this commercial land located?
    The property is located at US-280 Pembroke, GA.
    What is the asking price?
    The asking price for this property is $6,850,000.
    What are key features of this property?
    This property features: ±248 acres with approximately ±140 upland acres on Highway 280.; Located 9.5 miles from Hyundai’s $7.6 Billion EV Plant (completion January 2025).; Located within the City Limits of Pembroke.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Rhett Mouchet
    Real Estate License ID: GA 60903
    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

    Thank You for Inquiry
    US-280, Pembroke, GA 31321
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!