Building Details

Year Built 1955

Buildings 1

Construction brick

Listing Agency: Engel & Völkers Golden Isles

Listed By: Mary Douthit · License #145483 Show Phone

Source: Broadandmainrealestate

Added: Jul 30 Changed: Sep 15 Last Checked: Oct 15 at 1:58AM

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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 Engel & Völkers Golden Isles

Investment Insights

Based on property information with market context.

This brick medical office building is configured for a private medical practice, with a large reception area, waiting room, three exam rooms, a surgery room, two private offices, kitchen, two bathrooms, and storage rooms. The existing layout provides distinct patient, clinical, administrative, and support areas within the building.

The property is located next to Southeast Georgia Health System/Brunswick Hospital in Brunswick, Georgia. Built in 1955, the four-sided brick structure offers an established medical-office setting with its current practice-oriented configuration.

Key Highlights

• Next to Southeast Georgia Health System/Brunswick Hospital
• Four‑sided brick building constructed in 1955
• Large reception area and dedicated waiting room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$24,603

Cap Rate

5.36%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$492,060 $492.1K

Cap Rate 7%

$351,471 $351.5K

Cap Rate 9%

$273,367 $273.4K

Market Conditions

NOI Build-Up for 2,417 SF

Gross rent

$42.1K $17.40/SF

− Vacancy

−$9.3K −$3.83/SF

EGI

$32.8K $13.57/SF

− OpEx

−$8.2K −$3.39/SF

NOI

$24.6K $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%

$492,060

Cap Rate 7%

$351,471

Cap Rate 9%

$273,367

Alternative Uses

Best Use

Office B

$351.5K

$307.5K – $410.1K (±1% cap)

NOI $24,603 @ 7.0% cap · market cap 5.36%

Second Best

Healthcare Medical

$316.0K

$276.5K – $368.6K (±1% cap)

NOI $22,117 @ 7.0% cap · market cap 4.82%

Theoretical Best

Office A

$501.6K

$438.9K – $585.2K (±1% cap)

NOI $35,113 @ 7.0% cap · market cap 7.65%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Le Gere Paula ... Physician Saturate IV Hydration ... Health Resort Paula Legere Physician Summit Plastic Surgery ... Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Storage Facility (Bike/Boat/Book/etc) Store Computer & Electronic Repair Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

884

Businesses Nearby

Under-served

Demand for This Use

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 Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this medical office space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Medical Office Space - Existing medical layout includes reception, patient waiting, exam, surgical, administrative, and support areas.

Where is this medical office space located?

The property is located at 2310 Heron St Brunswick, GA.

What is the asking price?

The asking price for this property is $459,000.

What are key features of this property?

This property features: Next to Southeast Georgia Health System/Brunswick Hospital; Four‑sided brick building constructed in 1955; Large reception area and dedicated waiting room