Multi-Office
For Sale
Contact for pricing
3655 Altama Avenue, Brunswick, GA 31520
The existing layout supports use as several office areas within one suite.
Property Size1,150 SF
Price / SF$1.13
Days on Market354
Property Features for 3655 Altama Avenue
General Information
Standard status
Active
Size
1,150 SF
Property subtype
Commercial
Additional Details
Property Use
Office
Listing Agency:
Keller Williams Realty Golden Isles
Listed By:
Michael Heiser · License #373759
(912) 689-3421
Source:
Heiserrealestategroup
Added: Nov 15, 2025
Changed: Oct 31
Last Checked: Oct 31 at 11:38AM
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 Keller Williams Realty Golden Isles
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The office suite at Varsity Plaza contains 1,150 square feet and is arranged to accommodate multiple office spaces. The landlord pays property taxes, insurance, and common area maintenance, and is open to providing a tenant improvement allowance.
Varsity Plaza is on Altama Avenue, across from the College of Coastal Georgia.
Varsity Plaza is on Altama Avenue, across from the College of Coastal Georgia.
Key Highlights
- 1,150‑square‑foot suite with a layout for multiple office spaces
- Landlord pays property taxes, property insurance, and common area maintenance
- Across Altama Avenue from the College of Coastal Georgia
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,706
Suggested Prices Based on Cap Rates
Cap Rate 5%
$234,120
$234.1K
Cap Rate 7%
$167,229
$167.2K
Cap Rate 9%
$130,067
$130.1K
Market Conditions
NOI Build-Up for 1,150 SF
Gross rent
$20.0K $17.40/SF
− Vacancy
−$4.4K −$3.83/SF
EGI
$15.6K $13.57/SF
− OpEx
−$3.9K −$3.39/SF
NOI
$11.7K $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%
$234,120
Cap Rate 7%
$167,229
Cap Rate 9%
$130,067
Alternative Uses
Best Use
Office B
$167.2K
$146.3K – $195.1K
NOI $11,706 @ 7.0% cap · market cap 900.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$238.7K
$208.8K – $278.5K
NOI $16,707 @ 7.0% cap · market cap 1,285.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
763
Businesses Nearby
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
Frequently Asked Questions
What type of property is this?
Office unit - The existing layout supports use as several office areas within one suite.
Where is this office unit located?
The property is located at 3655 Altama Avenue Brunswick, GA.
What are key features of this property?
This property features: 1,150‑square‑foot suite with a layout for multiple office spaces; Landlord pays property taxes, property insurance, and common area maintenance; Across Altama Avenue from the College of Coastal Georgia
