Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4216 Coral Park Dr Brunswick, GA 31520

    Sponsored
    Picture of Office space at Coral Park Dr 4216, Brunswick, GA
    For Sale
    $459,000

    Commercial Sale - Brunswick, GA

    Days on Market:
    1151
    Last Refresh:
    Feb 2 at 6:06 pm

    Property Features for 4216 Coral Park Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    01-07319
    Parking
    20

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Don Wright

    Don Wright & Associates (912) 638-4740

    Listing agent Don Wright (912) 638-4740

    Listing date Dec 10, 2022

    MLS# 1637547 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Brunswick GA Commercial Office Suites

    This 4,000 SF office suite property is currently fully leased, making it a potential income-generating asset. The property consists of units B1 and B2 within the Coral Park Commercial Condominiums; however, there are no condominium association fees. The interior has been built out to include 11 office suites. The property is situated in Brunswick, GA, serving the Golden Isles area of Coastal Georgia.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Susenbach Group Counselor Professional Case Management ... Home Health Care Service The Shell Agency Real Estate Agency Sea of Serenity Massage Alternative Medicine Practice Malinda Graham & Associates Family Counselor

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brunswick
    County
    Glynn
    State
    Georgia
    Longitude
    -81.479314
    Latitude
    31.192234

    Nearby Similar for Sale

    • $499,900
      3,300 SF

      Renovated Brunswick Multi-Use Landmark

      Renovated 3,300 sq ft multi-use property in historic Brunswick.
      1623 Reynolds St, Brunswick, GA 31520
      View Details
    • $499,900
      4,356 SF

      Renovated Multi-Use Brunswick Landmark

      Renovated 3,300 sq ft multi-use property in historic Brunswick, GA.
      1623 Reynolds St, Brunswick, GA 31520
      View Details
    • $1,199,000
      5,400 SF

      Historic Brunswick Mixed-Use Opportunity

      Historic mixed-use building in downtown Brunswick with redevelopment potential.
      1418 Newcastle Street Ln, Brunswick, GA 31520
      View Details
    • New
      $730,000
      926 SF

      Historic Brunswick Cottages Portfolio

      Six historic cottages in Brunswick's Historic District for sale.
      1400 Prince St, Brunswick, GA 31520
      View Details
    • $1,950,000
      0.11 Acres

      Historic Building in Downtown Brunswick

      Updated, remodeled historic building with long-term tenant in place.
      1404/1406 Newcastle Street Ln, Brunswick, GA 31520
      View Details
    • $875,000
      2,500 SF

      Versatile Property with Lake Access

      9.34-acre property with residence, shop, pasture, and lake access.
      105 Maryanne Lake Cir, Brunswick, GA 31523
      View Details
    • $599,000
      3,456 SF

      Downtown Brunswick Office Space

      Versatile commercial property in the heart of downtown Brunswick.
      601 I St, Brunswick, GA 31520
      View Details
    • $725,000
      5,214 SF

      Versatile Mixed-Use Property in Brunswick

      Mixed-use property with apartment, office, and warehouse space in Brunswick.
      1607 Norwich Street Ext, Brunswick, GA 31520
      View Details
    • $599,000
      3,456 SF

      Downtown Brunswick Office Space For Sale

      Versatile commercial property in the heart of Downtown Brunswick.
      601 I St, Brunswick, GA 31520
      View Details
    • New
      $165,000
      0.23 Acres

      Iconic Island Business Opportunity

      Turn-key wine, gift, and entertainment business in Redfern Village.
      208 Redfern Vlg, St Simons Island, GA 31522
      View Details
    • New
      Contact for pricing
      2,700 SF

      Historic Downtown Brunswick Retail Space

      Prime retail location in historic downtown Brunswick, renovated and ready.
      1418 Newcastle Street Ln, Brunswick, GA 31520
      View Details
    • New
      Contact for pricing
      2,700 SF

      Historic Downtown Brunswick Commercial Space

      Prime location in Brunswick's shopping and restaurant district.
      1418 Newcastle Street Ln, Brunswick, GA 31520
      View Details

    FAQs

    What type of property is this?
    Office space - 4,000 SF office suite property, fully leased, great income.
    Where is this office space located?
    The property is located at 4216 Coral Park Dr Brunswick, GA.
    What is the asking price?
    The asking price for this property is $459,000.
    What are key features of this property?
    This property features: - Fully leased income property.; - 4,000 SF office suite.; - 11 office suites built-out.
    (912) 222-0133
    Request Owner's contact information
    4216 Coral Park Dr Brunswick, GA 31520
    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.
    4216 Coral Park Dr
    Brunswick, GA 31520
    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
    4216 Coral Park Dr Brunswick, GA 31520
    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

    We can help!
    Listing Contact
    Don Wright
    Real Estate License ID: 12088
    (912) 222-0133
    Learn more
    Google sign-in failed. Please try again or use another login method.