Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    355 Blythe Island Drive Brunswick, GA 31523

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    High-visibility 1.07-acre commercial lot with existing building.

    Type:Industrial
    Property size:
    1,562 SF
    Lot size:
    1.07 Acres
    Price / SF:
    $246/SF
    Added:
    Nov 7, 2024
    Days on Market:
    540
    Last Refresh:
    Mar 17 at 1:13 pm

    Property Features for 355 Blythe Island Drive

    General Information

    Standard status
    Active
    Size
    1,562 SF
    Lot size
    1.07 Acres
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Lori Lynn

    Listing agent Lori Lynn License #GA

    Listing office Coldwell Banker Access Realty Brunswick

    Listing date Nov 7, 2024

    Source Crexi

    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 Coldwell Banker Access Realty Brunswick

    Overview

    Prime Commercial Lot on Highway

    This 1.07-acre commercial lot is located on Blythe Island Highway, a high-traffic corridor. The property has over 200 feet of highway frontage. Zoned Highway Commercial, the property is suitable for a range of uses, including retail or office space. The property includes a 1,500-square-foot building equipped with a full kitchen and bathroom. It also features an established well and septic system. A concrete pad is in place, offering expansion potential. The lot provides flexibility for businesses requiring ample parking space or an adaptable layout.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Bar & Pub Travel Agency Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brunswick
    County
    Glynn
    State
    Georgia
    Longitude
    -81.5384781
    Latitude
    31.1737709

    Nearby Similar for Sale

    • $560,000
      2,780 SF

      Brunswick Restaurant/Retail Opportunity

      2,780 SF building on 0.52 acres in Brunswick, GA.
      3460 Cypress Mill Road, Brunswick, GA 31520
      View Details
    • $459,000
      2,417 SF

      Medical Practice Ready Building

      Four-sided brick building near Southeast Georgia Health System.
      2310 Heron Street, Brunswick, GA 31520
      View Details
    • $1,525,000
      5,275 SF

      Medical Office Building For Sale

      New 5,275 SF medical office building near hospital.
      2903 Kemble Ave, Brunswick, GA 31520
      View Details
    • $459,000
      2,417 SF

      Medical Office Building For Sale

      Commercial building suited for a private medical practice.
      2310 Heron Street, Brunswick, GA 31520
      View Details
    • $1,100,000
      4,800 SF

      Downtown Brunswick Commercial Building For Sale

      Two-story commercial building in downtown Brunswick with flexible occupancy options.
      1522 Richmond Street, Brunswick, GA 31520
      View Details
    • $1,775,000
      9,968 SF

      Modern Office and Warehouse Facility

      Commercial property with office and warehouse space on 2.82 acres.
      1025 Commercial Drive, Brunswick, GA 31525
      View Details
    • $775,000
      20,460 SF

      Brunswick Condominium Development Opportunity

      0.72-acre site with partially constructed six-story frame.
      2508 Newcastle Street, Brunswick, GA 31520
      View Details
    • $1,900,000
      10,000 SF

      New Industrial Commerce Park

      Modern industrial park with build-to-suit options near I-95.
      18 Eastgate Drive, Brunswick, GA 31525
      View Details
    • $1,100,000
      5,000 SF

      New Industrial Commerce Park

      Modern industrial space near I-95 and Brunswick Airport.
      14 Eastgate Drive, Brunswick, GA 31525
      View Details
    • $148,000
      972 SF

      Commercial Property Near Altamaha Park

      Commercial property with new roof, septic, and fresh exterior paint.
      245 Altamaha Park Road, Brunswick, GA 31525
      View Details
    • $399,900

      Prime Development Site, Brunswick, GA

      High-visibility corner lot ideal for commercial development in Glynn County.
      3610 Darien Highway, Brunswick, GA 31525
      View Details
    • $5,000,000
      30,000 SF

      New Industrial Commerce Park

      Modern industrial space with premium infrastructure and unbeatable regional access.
      15 Eastgate Drive, Brunswick, GA 31525
      View Details

    FAQs

    What type of property is this?
    Commercial land - High-visibility 1.07-acre commercial lot with existing building.
    Where is this commercial land located?
    The property is located at 355 Blythe Island Drive Brunswick, GA.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: Prime 1.07‑acre commercial lot on high‑traffic Blythe Island Highway.; Over 200 feet of highway frontage for maximum visibility.; Zoned Highway Commercial, allowing for diverse business uses (retail, office, etc.).
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Lori Lynn
    Real Estate License ID: GA
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    355 Blythe Island Drive, Brunswick, GA 31523

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!