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Partially Built Apartment Building
For Sale
$775,000

2508 Newcastle Street, Brunswick, GA 31520

COMMERCIAL - Brunswick, GA

Property Size20,460 SF
Lot Size0.72 Acres
Price / SF$37.88
Days on Market109

Property Features for 2508 Newcastle Street

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Fencing Chain Link
Subdivision New Town
Directions Off I-95 exit at exit 36A or B depending on if you are on 95 south or north. Take GA 25 New Jesup HWY east towards coast. New Jesup HWY GA 25 will become New Castle. The property will be on the left at the corner of O St. and New Castle.
Standard status Active
APN 01-04116
Size 20,460 SF
Lot size 0.72 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description TRACT 2 OF NEW TOWN LOTS 538-556
Tax Annual Amount 1430
Legal Description TRACT 2 OF NEW TOWN LOTS 538-556

Building Details

Year built 2007
Floors in Building 6
Number of units 20
Roof type Concrete
Listing Agency: eXp Realty, LLC
Listed By: Harold George Meyers · License #336390
Added: Apr 29 Changed: Aug 4 Last Checked: Aug 15 at 12:06AM
MLS# 1661648

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.

Investment Insights

Based on property information with market context.

This under-construction apartment property occupies a 0.72-acre site and includes a partially completed six-story frame structure. The planned configuration provides for 20 residences, with the layout capable of being adjusted for 6 to 20 units. The property measures 20,460 square feet, has a concrete roof, chain-link fencing, and a recorded year built of 2007.

The site overlooks the river, marina, and Glynn County marshes and is located minutes from downtown Brunswick. It is also within a HUD opportunity zone. An adjoining 0.80-acre lot at 2520 New Castle St is available separately, providing an additional expansion option for a qualified purchaser.

Key Highlights

  • 0.72‑acre apartment development site with a partially completed six‑story frame structure
  • Proposed layout accommodates 20 units, with flexibility for 6 to 20 residences
  • 20,460‑square‑foot property with a concrete roof and chain‑link fencing

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Skin Care Clinic Computer & Electronic Repair Pharmacy Cafe & Coffee Shop

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

Lease Details

20
Residential units

Location Intelligence

Trade Area within ½ mile

1,119
Businesses Nearby

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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Partially constructed multifamily property with proposed residential plans, riverfront views, and a concrete roof.
Where is this apartment building located?
The property is located at 2508 Newcastle Street Brunswick, GA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 0.72‑acre apartment development site with a partially completed six‑story frame structure; Proposed layout accommodates 20 units, with flexibility for 6 to 20 residences; 20,460‑square‑foot property with a concrete roof and chain‑link fencing
More about this property
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