Your AI Navigator in Commercial Real Estate
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

    Commodore Way Brunswick, GA 31520

    Sponsored
    For Sale
    $2,400,000

    Commercial/Industrial Lot - Brunswick, GA

    Lot size:
    3.48 Acres
    Days on Market:
    7
    Last Refresh:
    Jan 19 at 11:06 am

    Property Features for Commodore Way

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    01-07396
    Lot size
    3.48 Acres

    Building Details

    Year built
    2006
    Architectural style
    Other

    We can help!

    Listing Contact
    Page Aiken

    W. Page Aiken LLC (912) 258-6000

    Listing agent Page Aiken (912) 258-6000

    Listing date Jan 13, 2026

    MLS# 1658943 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 Commercial/Industrial Lot For Sale

    This offering consists of three key Liberty Harbor condominium parcels: Lanier Condo Parcel, Gateway I, and Gateway II. The parcels are being offered as a package. The property is currently zoned for high-density multi-family condominium development. The lot size is 3.48 acres and is located in Brunswick, Georgia.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Brunswick
    County
    Glynn
    State
    Georgia
    Longitude
    -81.481969
    Latitude
    31.126583

    Nearby Similar for Sale

    • $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
    • $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
    • $950,000
      9.34 Acres

      Pastoral Property with Lake Access

      9.34-acre property featuring a barndo/residence, 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
    • $399,000
      1,350 SF

      Downtown Brunswick Retail/Food Service Opportunity

      Renovated retail/food service space in historic downtown Brunswick, Georgia.
      1514 Newcastle Street Ln, 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
    • $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
    • $995,000

      St. Simons Island Professional Office

      3,000 sq ft professional office building on St. Simons Island.
      110 Island Professional Park, St Simons Island, GA 31522
      View Details
    • $720,000
      0.63 Acres

      Flex Warehouse Near I-95

      6,000 SF flex warehouse with fenced lot near I-95.
      1032 Commercial Dr, Brunswick, GA 31525
      View Details
    • $1,250,000
      0.60 Acres

      Brunswick Commercial Building Near Hospital

      5,300 SF commercial building suitable for medical or general office.
      2300 Parkwood Dr, Brunswick, GA 31520
      View Details
    • Contact for pricing
      775 SF

      Office Space Near Hospital

      Office space near Southeast Georgia Health System Brunswick campus.
      2601 Parkwood Dr, Brunswick, GA 31520
      View Details

    FAQs

    What type of property is this?
    Commercial land - 3.48 acre commercial/industrial lot in Brunswick, Georgia.
    Where is this commercial land located?
    The property is located at Commodore Way Brunswick, GA.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - Zoned for high-density multi-family condo development.; - Package deal includes three key Liberty Harbor condominium parcels.; - Includes Lanier Condo Parcel, Gateway I, and Gateway II.
    (912) 258-6000
    Request Owner's contact information
    Commodore Way 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.
    Commodore Way
    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
    Commodore Way 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
    Page Aiken
    (912) 258-6000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.