Reese & Company, Inc. Sells Industrial Property In Ellabell For $4.95M With Branch Industrial
1500 Oracal Parkway
$4,950,000
$91/SF
Building Size
54,000 SF
Asset Type
Industrial
Closing
Apr 30, 2026
AI
The industrial property located at 1500 Oracal Parkway in Ellabell, GA, was sold for $4,950,000. The asset spans 54,000 square feet, resulting in a price per square foot of $91. The sale was facilitated by Branch Industrial, which played a key role in the off-market transaction.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,950,000
- Square Footage: 54,000
- Price per Square Foot: $91
- Location: 1500 Oracal Parkway, Ellabell, GA
- Seller: Reese & Company, Inc.
- Broker Representatives: Josh Chesner & Burry Klein - Branch Industrial
Josh Chesner and Burry Klein of Branch Industrial were instrumental in this transaction, representing both the buyer and the seller, thereby ensuring the successful completion of the deal.
Players
Ellabell Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.20%
Cash-on-Cash
-0.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93