Mixed-Use Property with
For Sale
$1,500,000
1501-1507 George St, Brunswick, GA 31520
Residential space, a ground-floor workshop, and masonry remnants occupy a former industrial site.
Property Size6,270 SF
Lot Size1.30 Acres
Price / SF$239.23
Days on Market14
Property Features for 1501-1507 George St
General Information
Standard status
Active
Size
6,270 SF
Lot size
1.30 Acres
Property subtype
Commercial
Building Details
Year Built
1920
Construction
masonry
Listing Agency:
Keller Williams Realty Coastal
Listed By:
Ron Melander
Source:
Findgreateratlantaproperties
Added: Sep 30
Changed: Oct 10
Last Checked: Oct 12 at 8:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Coastal
Investment Insights
Based on property information with market context.
Dating to 1920, the 6,270-square-foot property includes a brick building adapted for residential use. Its upper two floors have open living areas with exposed brick and wood flooring, while a workshop occupies the main level. The approximately 1.3-acre parcel also contains masonry remnants of the former ice works, mature trees, and open lawn.
Key Highlights
- 6,270‑square‑foot property built in 1920
- Approximately 1.3 acres with mature trees and open lawn
- Brick building adapted for residential use across the upper two floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,866
Cap Rate
3.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,117,320
$1.1M
Cap Rate 7%
$798,086
$798.1K
Cap Rate 9%
$620,733
$620.7K
Market Conditions
NOI Build-Up for 6,270 SF
Gross rent
$101.6K $16.20/SF
− Vacancy
−$12.2K −$1.94/SF
EGI
$89.4K $14.26/SF
− OpEx
−$33.5K −$5.35/SF
NOI
$55.9K $8.91/SF
Area
Glynn County, GA
Vacancy
12.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,117,320
Cap Rate 7%
$798,086
Cap Rate 9%
$620,733
Alternative Uses
Best Use
Mixed Use
$798.1K
$698.3K – $931.1K
NOI $55,866 @ 7.0% cap · market cap 3.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $91,089 @ 7.0% cap · market cap 6.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
895
Businesses Nearby
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Residential space, a ground-floor workshop, and masonry remnants occupy a former industrial site.
Where is this mixed-use property located?
The property is located at 1501-1507 George St Brunswick, GA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 6,270‑square‑foot property built in 1920; Approximately 1.3 acres with mature trees and open lawn; Brick building adapted for residential use across the upper two floors
