Flex Space with Office and Warehouse
For Sale
$450,000
219 Rose Dr, Brunswick, GA 31520
Highway commercial zoning accommodates the property's combined office and warehouse configuration.
Property Size6,300 SF
Price / SF$71.43
Days on Market9
Property Features for 219 Rose Dr
General Information
Standard status
Active
Size
6,300 SF
Property subtype
Commercial
Zoning
highway commercial
Additional Details
Tenant in Place
Yes
Property Use
Flex Space
Building Details
Year Built
2004
Buildings
1
Building Size
6,300 SF
Listing Agency:
Don Wright & Associates
Listed By:
Don Wright · License #12088
(912) 222-0133
Source:
Ginesandburnsed.searchhomesinsavannah
Added: Oct 20
Changed: Oct 26
Last Checked: Oct 26 at 4:34PM
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 Don Wright & Associates
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Investment Insights
Based on property information with market context.
This 6,300-square-foot flex building combines office and warehouse areas and was built in 2004. The property carries highway commercial zoning and includes three addresses: 217, 219, and 221 Rose Drive.
Located in the Community Road Commercial & Industrial Park, the building is just off Community Road in Brunswick, Georgia. A lease is active for the 221 Rose Drive portion; the areas at 217 and 219 Rose Drive are available for lease.
Located in the Community Road Commercial & Industrial Park, the building is just off Community Road in Brunswick, Georgia. A lease is active for the 221 Rose Drive portion; the areas at 217 and 219 Rose Drive are available for lease.
Key Highlights
- 6,300‑square‑foot flex building with office and warehouse areas
- Built in 2004
- Highway commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,530
Cap Rate
8.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$750,600
$750.6K
Cap Rate 7%
$536,143
$536.1K
Cap Rate 9%
$417,000
$417.0K
Market Conditions
NOI Build-Up for 6,300 SF
Gross rent
$46.9K $7.44/SF
− Vacancy
−$2.7K −$0.43/SF
EGI
$44.2K $7.01/SF
− OpEx
−$6.6K −$1.05/SF
NOI
$37.5K $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 Rate 5%
$750,600
Cap Rate 7%
$536,143
Cap Rate 9%
$417,000
Alternative Uses
Best Use
Warehouse
$536.1K
$469.1K – $625.5K
NOI $37,530 @ 7.0% cap · market cap 8.34%
Second Best
Flex RnD
$483.3K
$422.9K – $563.9K
NOI $33,833 @ 7.0% cap · market cap 7.52%
Theoretical Best
Office A
$1.31M
$1.14M – $1.53M
NOI $91,524 @ 7.0% cap · market cap 20.34%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
687
Businesses Nearby
Balanced
Demand for This Use
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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 Industrial in South region
Similar Off Market Nearby
- Spence Anderson Food Services — 3451 Cypress Mill Rd, Brunswick, GA 31520
- Southern Fancy — 131 Sweet Gum Dr, Brunswick, GA 31520
Frequently Asked Questions
What type of property is this?
Flex space - Highway commercial zoning accommodates the property's combined office and warehouse configuration.
Where is this flex space located?
The property is located at 219 Rose Dr Brunswick, GA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 6,300‑square‑foot flex building with office and warehouse areas; Built in 2004; Highway commercial zoning
