Highway Commercial
For Sale
$560,000
Pending
3460 Cypress Mill Road, Brunswick, GA 31520
Commercial Sale, Brunswick, GA
Property Size2,780 SF
Lot Size0.52 Acres
Days on Market265
Property Features for 3460 Cypress Mill Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
50
Subdivision
Brunswick Farms
Directions
Building is located on Cypress Mill Road, between Altama Avenue and Golden Isles Parkway.
Standard status
Pending
APN
01-06566
Size
2,780 SF
Lot size
0.52 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
150X150 CYPRESS MILL
Tax Annual Amount
4045
Legal Description
150X150 CYPRESS MILL
Building Details
Year built
1970
Listing Agency:
Driggers Commercial Group
(912) 634-5900
Listed By:
Russell Sweat · License #150051
(912) 634-5900
Added: Dec 3, 2025
Changed: Aug 19
Last Checked: Aug 25 at 9:06PM
MLS# 1658295
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.
The property includes a 2,780-square-foot restaurant building constructed in 1970 on a 0.52-acre site. It is occupied by a single restaurant tenant under a month-to-month net lease, providing an existing operating configuration for the property.
Positioned as an outparcel to Cypress Mill Square, the Big Lots-anchored shopping center, the site benefits from surrounding retail activity. Nearby national tenants include McDonald's, Walgreens, and Walmart Neighborhood Market. Cypress Mill Road recorded a 2023 daily traffic count of 12,100 vehicles per day.
Positioned as an outparcel to Cypress Mill Square, the Big Lots-anchored shopping center, the site benefits from surrounding retail activity. Nearby national tenants include McDonald's, Walgreens, and Walmart Neighborhood Market. Cypress Mill Road recorded a 2023 daily traffic count of 12,100 vehicles per day.
Key Highlights
- 2,780+/- SF restaurant building on a 0.52 Ac site
- Highway Commercial zoning
- Single tenant restaurant operating under a month‑to‑month net lease
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,283
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$545,660
$545.7K
Cap Rate 7%
$389,757
$389.8K
Cap Rate 9%
$303,144
$303.1K
Market Conditions
NOI Build-Up for 2,780 SF
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.
Gross rent
$39.0K $14.04/SF
− Vacancy
−$2.7K −$0.95/SF
EGI
$36.4K $13.09/SF
− OpEx
−$9.1K −$3.27/SF
NOI
$27.3K $9.81/SF
Area
Glynn County, GA
Vacancy
6.80%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$545,660
Cap Rate 7%
$389,757
Cap Rate 9%
$303,144
Alternative Uses
Best Use
Specialty Retail
$389.8K
$341.0K – $454.7K
NOI $27,283 @ 7.0% cap · market cap 4.87%
Second Best
Retail
$347.2K
$303.8K – $405.1K
NOI $24,304 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$577.0K
$504.8K – $673.1K
NOI $40,387 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
12,100 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
693
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operating restaurant with Highway Commercial zoning and a month-to-month net lease.
Where is this conventional restaurant located?
The property is located at 3460 Cypress Mill Road Brunswick, GA.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: 2,780+/- SF restaurant building on a 0.52 Ac site; Highway Commercial zoning; Single tenant restaurant operating under a month‑to‑month net lease
