Two-Suite Medical Office
2903 Kemble Avenue, Brunswick, GA 31520
For Sale
$1,350,000
Commercial Sale, Brunswick, GA
Property Size5,275 SF
Lot Size0.46 Acres
Price / SF$255.92
Days on Market262
Property Features for 2903 Kemble Avenue
General Information
Property type
Property subtype
Property condition
Parking
Subdivision
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Property Use
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Sewer type
Water source
Building Details
Year built
Buildings
Listing Agency:
Don Wright & Associates
(912) 638-4740
Listed By:
Don Wright · License GA #12088
(912) 222-0133
Added: Feb 22
Changed: Nov 3
Last Checked: Nov 10 at 10:06AM
MLS# 1659968
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 medical office property is configured as two suites of approximately 2,638 square feet each, totaling 5,275 square feet. Suite A is leased for medical use, while Suite B is available for lease. The building is under construction, with a stated completion year of 2025, and the site includes 0.46 acres.
The property is one block from Southeast Georgia Hospital and has access from U.S. Highway 17 and the St. Simons Island Causeway. Public water and sewer serve the site.
The property is one block from Southeast Georgia Hospital and has access from U.S. Highway 17 and the St. Simons Island Causeway. Public water and sewer serve the site.
Key Highlights
- Two medical suites of approximately 2,638 SF each, totaling 5,275 SF
- Suite A is leased for medical use; Suite B is available for lease
- Under construction; stated year built is 2025
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
2
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
864
Businesses Nearby
Under-served
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 Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - A medical-use building has one occupied suite and a separate suite 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: Two medical suites of approximately 2,638 SF each, totaling 5,275 SF; Suite A is leased for medical use; Suite B is available for lease; Under construction; stated year built is 2025
