Add Listing
    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

    Harwell Drive St Simons Island, GA 31522

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,950,000

    LAND - St Simons Island, GA

    Lot size:
    2.38 Acres
    Added:
    Feb 20, 2026
    Days on Market:
    57
    Last Refresh:
    Apr 18 at 5:06 pm

    Property Features for Harwell Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    04-05732
    Lot size
    2.38 Acres

    We can help!

    Listing Contact
    Christa Clark

    Listing agent Christa Clark

    Listing office Saint Simons Real Estate and P 117 Gallery Way, Brunswick, GA

    Listing date Feb 20, 2026

    MLS# 1659949 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.

    Overview

    Saint Simons Island Land

    This 2.38-acre property features 15 platted lots ready for development on Saint Simons Island, Georgia. Included with the property are a topographic survey, wetland delineation, and full civil engineering plans.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    St Simons Island
    County
    Glynn
    State
    Georgia
    Longitude
    -81.359972
    Latitude
    31.229974

    Nearby Similar for Sale

    • $399,000
      1,965 SF

      Versatile Commercial Condo with Dual Units

      Commercial condo with two units, ideal for live/work or investment.
      107 Center Street, St Simons Island, GA 31522
      View Details
    • $299,900
      1,066 SF

      St. Simons Island Commercial Condo

      Commercial condo with showroom, office, and warehouse space.
      125 Sky Spaces Court, St Simons Island, GA 31522
      View Details
    • $995,000

      St. Simons Island Office Building

      3,000 sq. ft. professional office in prime location.
      110 Island Professional Park, St Simons Island, GA 31522
      View Details
    • $782,000
      1,650 SF

      St. Simons Island Retail Space

      Commercial retail space on high-traffic road, St. Simons Island.
      3415 Frederica Road, St Simons Island, GA 31522
      View Details
    • $450,000

      Private Island Homesite Opportunity

      2.37 acre homesite near Sea Island and St. Simons.
      6101 Frederica Road, St Simons Island, GA 31522
      View Details
    • $625,000

      St Simons Island Land Parcel

      2.5-acre homesite near Sea Island and St. Simons Island.
      6001 Frederica Road, St Simons Island, GA 31522
      View Details
    • $495,000

      Rare Mid-Island Land Opportunity

      Two adjoining parcels offer a unique building opportunity.
      384 N Harrington Road, St Simons Island, GA 31522
      View Details
    • $550,000

      St Simons Island Lakefront Land

      One-acre lakefront lot in gated Stillwater subdivision, St. Simons Island.
      205 Stillwater Drive, St Simons Island, GA 31522
      View Details
    • $550,000

      St. Simons Island Lakefront Lot

      One-acre lakefront lot in gated St. Simons Island subdivision.
      213 Stillwater Drive, St Simons Island, GA 31522
      View Details
    • $800,000

      St. Simons Island Land Parcel

      Exclusive gated community lot ready for development near Sea Island.
      303 Hawkins Island Drive, St Simons Island, GA 31522
      View Details
    • $399,900

      Residential Lot in Hampton Point

      One-acre corner lot in desirable Hampton Point community.
      165 Pierce Butler Drive, St Simons Island, GA 31522
      View Details
    • $1,795,000

      St. Simons Commercial Land Parcel

      Prime commercial land for sale on St. Simons Island.
      2280 Demere Road, St Simons Island, GA 31522
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 2.38 acres, 15 platted lots ready for development.
    Where is this residential land & home lot located?
    The property is located at Harwell Drive St Simons Island, GA.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: 15 platted lots ready for development on Saint Simons Island; Full civil engineering plans included; Topo survey completed
    (912) 230-4690
    We can help!
    Listing Contact
    Christa Clark
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!