Medical Office with Exam
For Sale
$1,399,000
3226 Hampton Avenue, Brunswick, GA 31520
Commercial Sale, Brunswick, GA
Property Size5,345 SF
Lot Size0.15 Acres
Price / SF$261.74
Days on Market412
Property Features for 3226 Hampton Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
25
Subdivision
No Recorded Condo
Directions
Property is in Hampton Medical Park which is located on the east side of Hampton Avenue, just south of Starling Street. From Hwy. 17, Turn onto Parkwood Drive. Turn right onto Hampton Avenue. Condominium complex is located on the right, across from SE Georgia Hospital.
Standard status
Active
APN
01-06950
Size
5,345 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Description
208 Hampton Medical Park
Legal Description
208 Hampton Medical Park
Building Details
Year built
1989
Floors in Building
2
Listing Agency:
Driggers Commercial Group
(912) 634-5900
Listed By:
Robert Driggers · License #278693
(912) 506-9837
Added: Jul 11, 2025
Changed: Aug 19
Last Checked: Aug 26 at 2:06AM
MLS# 1655219
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 5,345-square-foot medical office occupies a 1.5-story condominium property built in 1989. The layout includes 9 exam rooms, 3 private offices, an administrative area, waiting and reception spaces, a lab, and a full kitchen. Restroom facilities comprise three half baths on the lower level and one full bath upstairs.
The property is located at 3226 Hampton Avenue in Brunswick, within Hampton Medical Park and within view of the Southeast Georgia Regional Medical Center main campus. Parking is available along the front and side of the building. Tax records indicate the property is not in the flood zone.
The property is located at 3226 Hampton Avenue in Brunswick, within Hampton Medical Park and within view of the Southeast Georgia Regional Medical Center main campus. Parking is available along the front and side of the building. Tax records indicate the property is not in the flood zone.
Key Highlights
- 5,345‑square‑foot medical office on a 0.15‑acre parcel
- 9 exam rooms and 3 private offices
- 1.5‑story condominium medical office built in 1989
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$54,407
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,088,140
$1.1M
Cap Rate 7%
$777,243
$777.2K
Cap Rate 9%
$604,522
$604.5K
Market Conditions
NOI Build-Up for 5,345 SF
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.
Gross rent
$93.0K $17.40/SF
− Vacancy
−$20.5K −$3.83/SF
EGI
$72.5K $13.57/SF
− OpEx
−$18.1K −$3.39/SF
NOI
$54.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,088,140
Cap Rate 7%
$777,243
Cap Rate 9%
$604,522
Alternative Uses
Best Use
Office B
$777.2K
$680.1K – $906.8K
NOI $54,407 @ 7.0% cap · market cap 3.89%
Second Best
Healthcare Medical
$698.7K
$611.4K – $815.2K
NOI $48,909 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$1.11M
$970.6K – $1.29M
NOI $77,650 @ 7.0% cap · market cap 5.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,005
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Condominium medical facility includes offices, laboratory space, kitchen, and on-site parking.
Where is this medical office space located?
The property is located at 3226 Hampton Avenue Brunswick, GA.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: 5,345‑square‑foot medical office on a 0.15‑acre parcel; 9 exam rooms and 3 private offices; 1.5‑story condominium medical office built in 1989
