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Self-Storage and Small-Bay Facility
For Sale
$5,995,000

3003 Scarlett Street, Brunswick, GA 31520

Commercial Sale, Brunswick, GA

Property Size76,664 SF
Lot Size8.70 Acres
Price / SF$78.20
Days on Market134

Property Features for 3003 Scarlett Street

General Information

Property type Commercial Sale
Property subtype Other
Accessibility Accessible Approach with Ramp
Directions When exiting I-95 towards Brunswick, continue for 100 yards and turn left onto Scarlett St. Continue for .1 miles and the subject property will be on your left.
Standard status Active
APN 0327619
Size 76,664 SF
Lot size 8.70 Acres

Taxes and HOA fees

Tax Description COMMON AREA 3003 SCARLETT CONDOMINIUMS COMMERCIAL CONDO
Legal Description COMMON AREA 3003 SCARLETT CONDOMINIUMS COMMERCIAL CONDO
Listing Agency: Phoenix Realty Group
Listed By: Lucas Jackson · License #429913
Added: May 27 Changed: Oct 2 Last Checked: Oct 7 at 1:06PM
MLS# 2000359

Copyright © 2026 Golden Isles Association of REALTORS. 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.

Located at 3003 Scarlett Street in Brunswick, Georgia, this 76,664-square-foot commercial property includes approximately 51,000 square feet of small-bay space and 18,000 square feet of self-storage area. The small-bay component has an established tenant base, while the self-storage portion is currently in lease-up. The property also includes an accessible approach with ramp.

The 8.7-acre site has direct exposure to I-95, with reported average annual daily traffic of 61,000 vehicles. The components are separately parceled and metered, providing distinct physical and utility configurations within the overall property. The self-storage area’s lease-up status and the existing occupancy profile of the small-bay space are key operating characteristics.

Key Highlights

  • 76,664 square feet across small‑bay and self‑storage components
  • Approximately 51,000 square feet of small‑bay space with an established tenant base
  • Approximately 18,000 square feet of self‑storage currently in lease‑up

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$456,703
Cap Rate
7.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,134,060 $9.1M
Cap Rate 7%
$6,524,329 $6.5M
Cap Rate 9%
$5,074,478 $5.1M
Market Conditions
NOI Build-Up for 76,664 SF
Gross rent
$570.4K $7.44/SF
− Vacancy
−$33.1K −$0.43/SF
EGI
$537.3K $7.01/SF
− OpEx
−$80.6K −$1.05/SF
NOI
$456.7K $5.96/SF
Area
Glynn County, GA
Vacancy
5.80%
Lease Rate
$7.44 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,134,060
Cap Rate 7%
$6,524,329
Cap Rate 9%
$5,074,478

Alternative Uses

Best Use
Self Storage
$9.39M
$8.22M – $10.96M (±1% cap)
NOI $657,372 @ 7.0% cap · market cap 10.97%
Second Best
Warehouse
$6.52M
$5.71M – $7.61M (±1% cap)
NOI $456,703 @ 7.0% cap · market cap 7.62%
Theoretical Best
Office A
$15.91M
$13.92M – $18.56M (±1% cap)
NOI $1,113,750 @ 7.0% cap · market cap 18.58%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Self storage facilities

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Skin Care Clinic Furniture & Home Goods 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.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

285
Businesses Nearby

Demographics for 31520, GA

22,726
Population
10,619
Households
2.1
Avg Household Size
39
Median Age
16%
College-Educated
84%
High-School Grad
20.1 sq mi
ZIP Area
1,131
Density / Sq Mi
$37,652
Median Household Income
$26,292
Median Earnings
$936
Median Rent
$135,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Self storage facility - The property combines small-bay space with self-storage operations and separate parcel and utility metering.
Where is this self storage facility located?
The property is located at 3003 Scarlett Street Brunswick, GA.
What is the asking price?
The asking price for this property is $5,995,000.
What are key features of this property?
This property features: 76,664 square feet across small‑bay and self‑storage components; Approximately 51,000 square feet of small‑bay space with an established tenant base; Approximately 18,000 square feet of self‑storage currently in lease‑up
More about this property
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