Mixed-Use Property with
New
For Sale
$1,500,000
1501-1507 George Street, Brunswick, GA 31520
Commercial Sale, Brunswick, GA
Property Size6,270 SF
Lot Size1.55 Acres
Price / SF$239.23
Days on Market2
Property Features for 1501-1507 George Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
MUCCH
Zoning description
Commercial, Mixed use, Multi Family, Single Family
Bedrooms
5
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 4, Bedroom 1, Bedroom 5, Bathroom 2, Bathroom 4, Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 1
Parking
3
Exterior features
Fence
Fencing
Chain Link, Fenced
Appliances
Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
Lot features
Historic District, Open Space
Directions
Exit 36A from I-95 on to US341 S, turn left on Gloucester St., right on Martin Luther King Jr. Blvd, left on George St. Property is corner lot.
Standard status
Active
APN
0107695
Size
6,270 SF
Lot size
1.55 Acres
Taxes and HOA fees
Tax Description
1.55 AC WINDSOR PARK
Legal Description
1.55 AC WINDSOR PARK
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1920
Floors in Building
3
Flooring type
Carpet, Concrete, Hardwood
Building materials
Brick, Block
Roof type
Asphalt, Metal
Architectural style
Loft
Listing Agency:
Keller Williams Coastal Area P · Keller Williams Realty
(912) 356-5001
Listed By:
Ronald C. Melander · License #283913
(912) 441-7124
Added: Oct 1
Last Checked: Oct 2 at 6:06AM
MLS# SA365554
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Set on 1.55 acres, this 6,270-square-foot mixed-use property combines residential space with former industrial buildings and masonry remains. One brick structure has been converted to living space across its upper two floors, while the main level contains a large workshop. Hardwood floors and exposed brick are among the interior features, and the property also includes lawn, mature trees, and surviving brick structures. Built in 1920, the site is zoned MUCCH.
The property is at 1501-1507 George Street in Brunswick. Public water and sewer serve the site, and cable is available.
The property is at 1501-1507 George Street in Brunswick. Public water and sewer serve the site, and cable is available.
Key Highlights
- 6,270‑square‑foot property on 1.55 acres
- Upper two floors of a brick building adapted for residential use
- Large workshop on the main level
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$55,866
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.72%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
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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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Residential space occupies two upper levels, with a substantial work area on the main floor.
Where is this mixed-use property located?
The property is located at 1501-1507 George Street 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 on 1.55 acres; Upper two floors of a brick building adapted for residential use; Large workshop on the main level
