Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Brunswick Multifamily Development Opportunity Title is generated by Realmo AI

    77 Glynnmarsh Court, Brunswick, GA 31525

    View on Map
    Claim this Listing
    For Sale
    $1,440,000

    LAND - Brunswick, GA

    Lot size:
    8.63 Acres
    Added:
    Mar 31, 2026
    Days on Market:
    66
    Last Refresh:
    Jun 4 at 2:06 pm

    Property Features for 77 Glynnmarsh Court

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    0301885
    Lot size
    8.63 Acres

    Taxes and HOA fees

    Tax Description
    8.68 AC OFF ALTAMA

    We can help!

    Listing Contact
    Pamela Timbes

    Listing agent Pamela Timbes License #103134

    Listing office The Alsonett Co. 504 Beachview Drive Suite 2-B, St. Simons Island, GA

    Listing date Mar 31, 2026

    MLS# 1660673 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.

    HighLights

    • Zoned Medium Residential for 144 Units: High‑density development potential.
    • Prime Location: Walking distance to Publix & Walmart.
    • Opportunity Zone: Potential tax benefits for developers.
    • X Flood Zone: Reduced flood risk and insurance costs.
    • Strong Market Demand: High need for affordable housing.
    • Development Flexibility: Suitable for apartments, condos, townhomes, or duplexes.

    Overview

    This 8.63-acre property in Brunswick, GA, presents a prime multifamily development opportunity. Zoned Medium Residential, the site allows for the construction of up to 144 units, making it suitable for apartments, condos, townhomes, or duplexes. Its location offers the advantage of being within walking distance to Publix and Walmart. The property is located in an X Flood zone and is situated in an opportunity zone. This location is perfectly suited for affordable housing, with strong market demand.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Brunswick
    County
    Glynn
    State
    Georgia
    Longitude
    -81.477256
    Latitude
    31.212619

    Nearby Similar for Sale

    • $590,000
      2,950 SF

      Flexible Office Building with Parking

      Well-appointed office suites with a flexible floor plan, multiple offices, and onsite parking near the courthouse.
      1600 Union Street, Brunswick, GA 31520
      View Details
    • $1,350,000
      11,396 SF

      Brunswick Commercial Building For Sale

      11,396 SF building on 1.65 acres near hospital.
      2228 Starling Street, Brunswick, GA 31520
      View Details
    • $990,000
      4,800 SF

      Two-Story Downtown Office Building

      Masonry and steel office building with separate entrances, fire sprinklers, and multiple updated building systems.
      1522 Richmond Street, Brunswick, GA 31520
      View Details
    • $560,000
      2,780 SF

      Brunswick Commercial Property For Sale

      2,780 SF commercial building on 0.52 acres in Brunswick.
      3460 Cypress Mill Road, Brunswick, GA 31520
      View Details
    • $519,900
      4,344 SF

      Historic Brunswick Multifamily Investment Opportunity

      Charming, income-producing multifamily property in Brunswick's Historic District.
      1416 Lee Street, Brunswick, GA 31520
      View Details
    • $895,000
      10,000 SF

      Brunswick Commercial Building For Sale

      10,000 SF commercial building with ample parking.
      111 Center Drive, Brunswick, GA 31520
      View Details
    • $1,475,000
      5,275 SF

      Medical Office Building Near Hospital

      New 5,275 SF medical office space for sale.
      2903 Kemble Avenue, Brunswick, GA 31520
      View Details
    • $775,000
      20,460 SF

      Brunswick Coastal Condominium Opportunity

      0.72-acre site with partially constructed six-story frame.
      2508 Newcastle Street, Brunswick, GA 31520
      View Details
    • $1,775,000
      9,968 SF

      Modern Office and Warehouse Facility

      Commercial property with office and warehouse space on 2.82 acres.
      1025 Commercial Drive, Brunswick, GA 31525
      View Details
    • $1,900,000
      10,000 SF

      New Industrial Commerce Park

      Modern industrial space with flexible layouts and unbeatable regional access.
      18 Eastgate Drive, Brunswick, GA 31525
      View Details
    • $459,000
      2,417 SF

      Medical Office Near Hospital

      Commercial building suitable for medical practice near Southeast Georgia Health
      2310 Heron Street, Brunswick, GA 31520
      View Details
    • $775,000
      20,460 SF

      Brunswick Condominium Development Opportunity

      0.72-acre site with partially constructed six-story frame.
      2508 Newcastle Street, Brunswick, GA 31520
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 8.63 acre residential land zoned for 144 units.
    Where is this residential land & home lot located?
    The property is located at 77 Glynnmarsh Court Brunswick, GA.
    What is the asking price?
    The asking price for this property is $1,440,000.
    What are key features of this property?
    This property features: Zoned Medium Residential for 144 Units: High‑density development potential.; Prime Location: Walking distance to Publix & Walmart.; Opportunity Zone: Potential tax benefits for developers.
    (912) 634-1251
    We can help!
    Listing Contact
    Pamela Timbes
    Real Estate License ID: 103134
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    77 Glynnmarsh Court, Brunswick, GA 31525
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!