Mixed-Use Commercial
New
For Sale
$850,000
168 Key Drive, Brunswick, GA 31520
A 5,000-square-foot commercial property combining retail, office, warehouse, and supporting outbuilding space.
Property Size1,982 SF
Price / SF$170
Days on Market4
Property Features for 168 Key Drive
General Information
Standard status
Active
Size
1,982 SF
Property subtype
Other
Amenities
1.03 acres, Business Park
Metal
Chain Link
Septic Tank
Annual Amount: $4,496, Year: 2025
Vinyl
Central Air, Electric
Central, Electric
Cumulative Days on Market: 2, 2 days on market, On Market Date: 2026-09-14
Parking Lot
Built in 1982, Aluminum Siding, Brick, Retail
County: Glynn
Workshop, Resale
Electricity Available, High Speed Internet, Water Available, Well
Close Of Escrow
Building Details
Building Size
1,982 SF
Year Built
1982
Tenancy
Single
Abandoned
No
Listing Agency:
Coldwell Banker Access Realty
(912) 267-0054
Listed By:
Lori Lynn
(912) 202-2200
Source:
Blackstreaminternational
Added: Sep 14
Changed: Sep 17
Last Checked: Sep 16 at 3:03PM
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 Coldwell Banker Access Realty
Investment Insights
Based on property information with market context.
This 5,000-square-foot mixed-use commercial property, built in 1982, combines customer-facing retail space, private offices, warehouse areas, and multiple outbuildings. The improvements are currently occupied by Jeffs Pools and provide distinct areas for business operations, inventory, equipment, storage, and workshop functions.
The property includes three separately identified addresses—168, 170, and 172 Key Circle—and is located in Brunswick, Georgia. Its collection of structures supports a range of commercial configurations within one property, subject to zoning and applicable approvals.
The property includes three separately identified addresses—168, 170, and 172 Key Circle—and is located in Brunswick, Georgia. Its collection of structures supports a range of commercial configurations within one property, subject to zoning and applicable approvals.
Key Highlights
- 5,000‑square‑foot mixed‑use commercial property
- Built in 1982
- Retail, private office, and warehouse areas
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
$44,550
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
5.24%
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%
$891,000
$891.0K
Cap Rate 7%
$636,429
$636.4K
Cap Rate 9%
$495,000
$495.0K
Market Conditions
NOI Build-Up for 5,000 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
$81.0K $16.20/SF
− Vacancy
−$9.7K −$1.94/SF
EGI
$71.3K $14.26/SF
− OpEx
−$26.7K −$5.35/SF
NOI
$44.6K $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%
$891,000
Cap Rate 7%
$636,429
Cap Rate 9%
$495,000
Alternative Uses
Best Use
Mixed Use
$636.4K
$556.9K – $742.5K
NOI $44,550 @ 7.0% cap · market cap 5.24%
Second Best
Retail
$624.5K
$546.4K – $728.5K
NOI $43,712 @ 7.0% cap · market cap 5.14%
Theoretical Best
Office A
$1.04M
$908.0K – $1.21M
NOI $72,638 @ 7.0% cap · market cap 8.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
592
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - A 5,000-square-foot commercial property combining retail, office, warehouse, and supporting outbuilding space.
Where is this mixed-use property located?
The property is located at 168 Key Drive Brunswick, GA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 5,000‑square‑foot mixed‑use commercial property; Built in 1982; Retail, private office, and warehouse areas
