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Convenience Store with System Updates
For Sale
$142,000

245 Altamaha Park Road, Brunswick, GA 31525

Commercial Sale, Brunswick, GA

Property Size972 SF
Lot Size0.30 Acres
Price / SF$146.09
Days on Market216

Property Features for 245 Altamaha Park Road

General Information

Property type Commercial Sale
Property subtype Other
Parking 5
Subdivision Everett City
Directions 341 to Altamaha Park Road, turn right and drive down, the property is Just past the rail road tracks on your left.
Standard status Active
APN 02-02139
Size 972 SF
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description .28 AC Everett City
Tax Annual Amount 451
Legal Description .28 AC Everett City

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Central, Electric (Heating)
Cooling system Electric, Central Air
Water source Well, Private

Building Details

Year built 1978
Floors in Building 1
Flooring type Concrete
Building materials Wood Siding
Roof type Metal, Asphalt
Listing Agency: Sea Georgia Realty
Listed By: Angela Golden · License #229940
Added: Mar 18 Changed: Oct 17 Last Checked: Oct 19 at 1:06AM
MLS# 1660528

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 972-square-foot convenience store sits on a 0.3-acre parcel and was built in 1978. The building has wood siding, concrete flooring, central electric heating and air conditioning, and side and rear entrances. Electrical service includes a new panel and meter box, and the exterior has been freshly painted. The roof and septic system have also been replaced.

Located on Altamaha Park Road near Altamaha Park, the property is served by a private well and septic tank. Cable service is available. The sale is as-is.

Key Highlights

  • 972‑square‑foot building on a 0.3‑acre parcel
  • New roof and septic system
  • New electrical panel, meter box, and service

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,539
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$190,780 $190.8K
Cap Rate 7%
$136,271 $136.3K
Cap Rate 9%
$105,989 $106.0K
Market Conditions
NOI Build-Up for 972 SF
Gross rent
$13.6K $14.04/SF
− Vacancy
−$928 −$0.95/SF
EGI
$12.7K $13.09/SF
− OpEx
−$3.2K −$3.27/SF
NOI
$9.5K $9.81/SF
Area
Glynn County, GA
Vacancy
6.80%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$190,780
Cap Rate 7%
$136,271
Cap Rate 9%
$105,989

Alternative Uses

Best Use
Specialty Retail
$136.3K
$119.2K – $159.0K (±1% cap)
NOI $9,539 @ 7.0% cap · market cap 6.72%
Second Best
Retail
$121.4K
$106.2K – $141.6K (±1% cap)
NOI $8,498 @ 7.0% cap · market cap 5.98%
Theoretical Best
Office A
$201.7K
$176.5K – $235.4K (±1% cap)
NOI $14,121 @ 7.0% cap · market cap 9.94%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Grocery and convenience stores

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby
Well-served
Demand for This Use

Demographics for 31525, GA

28,766
Population
12,373
Households
2.3
Avg Household Size
40
Median Age
22%
College-Educated
89%
High-School Grad
98.3 sq mi
ZIP Area
293
Density / Sq Mi
$65,896
Median Household Income
$37,145
Median Earnings
$1,137
Median Rent
$198,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - A compact commercial building near Altamaha Park has updated electrical service and a private well and septic system.
Where is this grocery and convenience store located?
The property is located at 245 Altamaha Park Road Brunswick, GA.
What is the asking price?
The asking price for this property is $142,000.
What are key features of this property?
This property features: 972‑square‑foot building on a 0.3‑acre parcel; New roof and septic system; New electrical panel, meter box, and service
More about this property
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