Warehouse Unit with Drive-In
For Sale
Contact for pricing
200 Commerce Center Dr, Brunswick, GA 31523
Air-conditioned industrial space with a concrete slab foundation and practical loading access.
Property Size4,900 SF
Price / SF$107.14
Days on Market378
Property Features for 200 Commerce Center Dr
General Information
Standard status
Active
Size
4,900 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
15 ft
Warehouse Space
4,900 SF
Drive-In Doors
1
Conditioned Warehouse
Yes
Additional Details
Asking Price
$525,000
Building Details
Year Built
2006
Listing Agency:
Driggers Commercial Group Inc.
(912) 634-5900
Listed By:
Robert Driggers · License #278693
Source:
Moodyscre
Added: Aug 20, 2025
Changed: Aug 29
Last Checked: Aug 31 at 8:16PM
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 Driggers Commercial Group Inc.
Investment Insights
Based on property information with market context.
This warehouse unit contains approximately 4,900 SF within a building completed in 2006. The improvements include a drive-in door, 13' eave height, 15' clear height, and a 5" concrete slab serving as the building base. The building is air-conditioned throughout.
Located at 200 Commerce Center Dr in Brunswick, Georgia, the property offers a straightforward warehouse configuration with direct drive-in access and measurable vertical clearance for commercial operations.
Located at 200 Commerce Center Dr in Brunswick, Georgia, the property offers a straightforward warehouse configuration with direct drive-in access and measurable vertical clearance for commercial operations.
Key Highlights
- Approximately 4,900 SF of warehouse space
- Drive‑in door for direct loading access
- 13' eave height and 15' clear height
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
$29,190
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
5.56%
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%
$583,800
$583.8K
Cap Rate 7%
$417,000
$417.0K
Cap Rate 9%
$324,333
$324.3K
Market Conditions
NOI Build-Up for 4,900 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
$36.5K $7.44/SF
− Vacancy
−$2.1K −$0.43/SF
EGI
$34.3K $7.01/SF
− OpEx
−$5.2K −$1.05/SF
NOI
$29.2K $5.96/SF
Area
Glynn County, GA
Vacancy
5.80%
Lease Rate
$7.44 /SF/Yr
Expense Ratio
15.00%
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%
$583,800
Cap Rate 7%
$417,000
Cap Rate 9%
$324,333
Alternative Uses
Best Use
Warehouse
$417.0K
$364.9K – $486.5K
NOI $29,190 @ 7.0% cap · market cap 5.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$889.8K – $1.19M
NOI $71,186 @ 7.0% cap · market cap 13.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
15 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
801
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 31523, GA
14,803
Population
5,773
Households
2.6
Avg Household Size
42
Median Age
28%
College-Educated
90%
High-School Grad
191.5 sq mi
ZIP Area
77
Density / Sq Mi
$90,148
Median Household Income
$50,684
Median Earnings
$1,023
Median Rent
$276,200
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Air-conditioned industrial space with a concrete slab foundation and practical loading access.
Where is this warehouse located?
The property is located at 200 Commerce Center Dr Brunswick, GA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Approximately 4,900 SF of warehouse space; Drive‑in door for direct loading access; 13' eave height and 15' clear height
