Two-Story Office
1522 Richmond Street, Brunswick, GA 31520
For Sale
$990,000
Commercial Sale, Brunswick, GA
Property Size4,800 SF
Lot Size0.15 Acres
Price / SF$206.25
Days on Market290
Property Features for 1522 Richmond Street
General Information
Property type
Property subtype
Parking
Subdivision
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Property Use
Taxes and HOA fees
Tax Description
Legal Description
Amenities
large windows offering tremendous light
attractive interior finishes
roof-top solar
Building Details
Year built
Floors in Building
Buildings
Listing Agency:
Driggers Commercial Group
(912) 634-5900
Listed By:
Robert Driggers · License GA #278693
(912) 506-9837
Added: Jan 26
Changed: Nov 3
Last Checked: Nov 11 at 5:06AM
MLS# 1659446
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.
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Investment Insights
Based on property information with market context.
This 4,800-square-foot office building occupies a 0.15-acre site and was constructed in 1950. The two-story layout provides independent entrances for each level, with office improvements on both floors. The masonry-and-steel structure includes fire sprinklers, three power meters, large windows, and finished interiors. HVAC systems were replaced within the past five years, the windows were re-glazed last year, and a new roof coating has been installed. Rooftop solar is also in place.
The property includes nine on-site parking spaces plus additional street parking. It sits just behind the historic Ritz Theater, with restaurants, banks, shops, and other offices within steps of the building. Ground-floor office tenants are currently month-to-month and may remain or vacate, while the upper level is owner-occupied. The building may be delivered fully vacant or with the ground-floor occupants in place.
The property includes nine on-site parking spaces plus additional street parking. It sits just behind the historic Ritz Theater, with restaurants, banks, shops, and other offices within steps of the building. Ground-floor office tenants are currently month-to-month and may remain or vacate, while the upper level is owner-occupied. The building may be delivered fully vacant or with the ground-floor occupants in place.
Key Highlights
- 4,800‑square‑foot office building on a 0.15‑acre site
- Two stories with separate entrances serving each floor
- Nine on‑site parking spaces plus additional street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,859
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$977,180
$977.2K
Cap Rate 7%
$697,986
$698.0K
Cap Rate 9%
$542,878
$542.9K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$83.5K $17.40/SF
− Vacancy
−$18.4K −$3.83/SF
EGI
$65.1K $13.57/SF
− OpEx
−$16.3K −$3.39/SF
NOI
$48.9K $10.18/SF
Area
Glynn County, GA
Vacancy
22.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$977,180
Cap Rate 7%
$697,986
Cap Rate 9%
$542,878
Alternative Uses
Best Use
Office B
$698.0K
$610.7K – $814.3K
NOI $48,859 @ 7.0% cap · market cap 4.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$996.2K
$871.7K – $1.16M
NOI $69,733 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,120
Businesses Nearby
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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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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Masonry-and-steel construction offers separate floor entrances, updated building systems, and flexible occupancy options.
Where is this office building located?
The property is located at 1522 Richmond Street Brunswick, GA.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: 4,800‑square‑foot office building on a 0.15‑acre site; Two stories with separate entrances serving each floor; Nine on‑site parking spaces plus additional street parking
