Medical Office
2903 Kemble Avenue, Brunswick, GA 31520
For Sale
$1,350,000
The two-suite building includes one occupied medical suite and one available for lease.
Property Size5,275 SF
Price / SF$255.92
Days on Market262
Property Features for 2903 Kemble Avenue
General Information
Standard status
Size
Property subtype
Additional Details
Asking Price
Highway Access
Office Units
Tenant in Place
Property Use
Building Details
Year Built
Buildings
Building Size
Tenancy
Listing Agency:
Don Wright & Associates
(912) 638-4740
Listed By:
Don Wright · License #12088
(912) 222-0133
Source:
Heiserrealestategroup
Added: Feb 21
Changed: Nov 8
Last Checked: Nov 8 at 8:01AM
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.
Completed in 2025, this medical office property contains approximately 5,275 square feet arranged as two separate suites of about 2,638 square feet each. Suite A is leased for medical use, while Suite B is available for lease. The property is zoned for medical use and has on-site parking.
The building is one block from Southeast Georgia Hospital and can be reached from U.S. Highway 17 and the St. Simons Island Causeway. Its stated service area includes Brunswick, St. Simons Island, Sea Island, and the Golden Isles.
The building is one block from Southeast Georgia Hospital and can be reached from U.S. Highway 17 and the St. Simons Island Causeway. Its stated service area includes Brunswick, St. Simons Island, Sea Island, and the Golden Isles.
Key Highlights
- Approximately 5,275 square feet divided between two medical suites
- Each suite measures approximately 2,638 square feet
- Suite A is leased for medical use; Suite B is available for lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,694
Cap Rate
3.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,073,880
$1.1M
Cap Rate 7%
$767,057
$767.1K
Cap Rate 9%
$596,600
$596.6K
Market Conditions
NOI Build-Up for 5,275 SF
Gross rent
$91.8K $17.40/SF
− Vacancy
−$20.2K −$3.83/SF
EGI
$71.6K $13.57/SF
− OpEx
−$17.9K −$3.39/SF
NOI
$53.7K $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%
$1,073,880
Cap Rate 7%
$767,057
Cap Rate 9%
$596,600
Alternative Uses
Best Use
Office B
$767.1K
$671.2K – $894.9K
NOI $53,694 @ 7.0% cap · market cap 3.98%
Second Best
Healthcare Medical
$689.6K
$603.4K – $804.5K
NOI $48,269 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$1.09M
$957.9K – $1.28M
NOI $76,634 @ 7.0% cap · market cap 5.68%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
864
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - The two-suite building includes one occupied medical suite and one available for lease.
Where is this medical office space located?
The property is located at 2903 Kemble Avenue Brunswick, GA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Approximately 5,275 square feet divided between two medical suites; Each suite measures approximately 2,638 square feet; Suite A is leased for medical use; Suite B is available for lease
