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3003 Scarlett Street, Brunswick, GA, 31520
Self Storage Facility with Small Bays

3003 Scarlett Street Brunswick, GA 31520

For Sale
$5,995,000

COMMERCIAL - Brunswick, GA

Property Size76,664 SF
Lot Size8.70 Acres
Price / SF$78.20
Days on Market65

Property Features for 3003 Scarlett Street

General Information

Property type Commercial Sale
Property subtype Other
Accessibility Accessible Approach with Ramp
Standard status Active
APN 0327619
Size 76,664 SF
Lot size 8.70 Acres

Taxes and HOA fees

Tax Description COMMON AREA 3003 SCARLETT CONDOMINIUMS COMMERCIAL CONDO
Listing Agency: Phoenix Realty Group
Listed By: Lucas Jackson · License #429913
Added: May 27 Changed: Jun 1 Last Checked: Jul 30 at 9:06AM
MLS# 2000359

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 self storage and small-bay warehousing property offers approximately 76,664 square feet total, including a 51,000-square-foot small-bay component with a stable tenant base. An additional 18,000-square-foot self storage area is currently in lease-up.

The property is described as having great exposure on I-95, with AADT noted at 61,000. It is separately parceled and metered, providing distinct utility/parcel handling for the on-site components.

Overall, the asset is configured with two main storage areas that are separately parceled and metered, with one portion already occupied and the other actively leasing forward.

Key Highlights

  • Approx. 76,664 SF self‑storage facility offering a small‑bay setup and small‑bay investment potential
  • Includes a 51k SF small bay unit that is separately parceled and metered
  • 18k SF self storage currently in lease‑up

Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $570.4k $7.44
− Vacancy −$33.1k −$0.43
EGI $537.3k $7.01
− OpEx −$80.6k −$1.05
NOI $456.7k $5.96
76,664 SF · lease $7.44/SF/yr · vacancy 5.80% · expense 15.00%

Alternative Uses

Best Use
Self Storage
$9.39M
$8.22M – $10.96M (±1% cap)
NOI $657,372 @ 7.0% cap · market cap 10.97%
Second Best
Warehouse
$6.52M
$5.71M – $7.61M (±1% cap)
NOI $456,703 @ 7.0% cap · market cap 7.62%
Theoretical Best
Office A
$15.91M
$13.92M – $18.56M (±1% cap)
NOI $1,113,750 @ 7.0% cap · market cap 18.58%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Self storage facilities

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Skin Care Clinic Big Box & Wholesale Store Furniture & Home Goods

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Self storage facility - Approximately 76,664 SF self storage property with a 51,000-square-foot small-bay portion and an additional section in lease-up.
Where is this self storage facility located?
The property is located at 3003 Scarlett Street Brunswick, GA.
What is the asking price?
The asking price for this property is $5,995,000.
What are key features of this property?
This property features: Approx. 76,664 SF self‑storage facility offering a small‑bay setup and small‑bay investment potential; Includes a 51k SF small bay unit that is separately parceled and metered; 18k SF self storage currently in lease‑up
More about this property
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