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    12138 Us-280 Ellabell, GA 31308

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    12138 Us-280 Ellabell, GA 31308

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    • Land
    • 10.66 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 12138 Us-280

    Lot size
    10.66 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 10.66-acre commercial and industrial land parcel is strategically located at 12138 US-280 in Ellabell, Georgia, zip code 31308. Zoned RR-1, this property presents a significant opportunity for developers seeking proximity to the new Hyundai manufacturing plant. Its prime location offers excellent visibility and accessibility from Highway 280. The property is ideal for businesses seeking to support the Hyundai plant and capitalize on the region's burgeoning economic growth. A completed wetland delineation study is available upon request. This sale is for the land only, and the owners require possession immediately following closing. Note that three additional adjacent properties are also available for purchase, totaling 31.68 acres when combined with this offering. This presents a unique chance to acquire a larger assemblage for substantial development. Don't miss this chance to secure a prime location in a rapidly expanding industrial area. Act quickly to capitalize on this exceptional investment opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Ellabell
    County
    Bryan
    State
    Georgia
    Longitude
    -81.444
    Latitude
    32.1901

    Comparable in this City

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      35.10 Acres

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      2,160,576 SF

      256 Knights Cemetery Rd

      Mixed-use properties • 2,160,576 SF
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      15.00 Acres

      Warnell Farm Rd

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      14.73 Acres

      12206 Us-280

      Land • 14.73 Acres
      12206 Us-280, Ellabell, GA 31308
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      6.29 Acres

      12288 Us-280

      Land • 6.29 Acres
      12288 Us-280, Ellabell, GA 31308
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    • Value Estimation by Request
      171.00 Acres

      641 Us-80

      Farms • 171.00 Acres
      641 Us-80, Ellabell, GA 31308
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    Similar Nearby for Sale

    • Contact for pricing
      102.30 Acres

      102 Acres Near Hyundai Plant

      Prime Development Land in Georgia
      0 Us Highway 80, Ellabell, GA 31308
      View Details
    • $2,250,000

      Prime Commercial Land Opportunity

      4.76-acre commercial land with development potential near I-16 & Hwy 280.
      407 Deer Run Rd, Ellabell, GA 31308
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    • $650,000
      3.58 Acres

      Corner Parcel in Ellabell, GA

      Corner parcel suitable for retail, office, or flex space.
      2345 Eldora Rd, Ellabell, GA 31308
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    • $3,250,000
      6.46 Acres

      Prime Corner Commercial Land Opportunity

      Corner lot near I-16 with commercial zoning and storage buildings.
      5289 Wilma Edwards Rd, Black Creek, GA 31308
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    • Contact for pricing

      Highway 280 Development Opportunity

      Prime land for development near Hyundai Metaplant and I-16.
      7309 Us Highway 280 E, Ellabell, GA 31308
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    • Contact for pricing

      Highway 280 Industrial Land Parcel

      Light industrial land near Hyundai plant with highway visibility.
      12288 Us Highway 280, Ellabell, GA 31308
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      480,000 SF

      North Bryan County Build-to-Suit

      480,000 SF build-to-suit near Port of Savannah.
      Jernigan Rd, Ellabell, GA 31308
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    • Contact for pricing

      Available Industrial Space in Ellabell

      450,000 SF industrial space with excellent transportation connectivity.
      550 Westport Blvd, Ellabell, GA 31308
      View Details
    • Contact for pricing

      Interstate Access Near Hyundai Metaplant

      Located near Hyundai Metaplant with excellent interstate access.
      Logistics Dr, Ellabell, GA 31308
      View Details
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    12138 Us-280
    Ellabell, GA 31308
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    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
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