Retail Property with National
New
For Sale
$850,000
375 Palisade Dr, Brunswick, GA 31523
Occupied by O'Reilly Auto Parts, the site sits within an established commercial area near major transportation routes.
Property Size7,040 SF
Lot Size0.98 Acres
Price / SF$120.74
Days on Market5
Property Features for 375 Palisade Dr
General Information
Standard status
Active
Size
7,040 SF
Lot size
0.98 Acres
Property subtype
Commercial
Additional Details
Highway Access
Yes
Building Details
Year Built
2001
Listing Agency:
Keller Williams Coastal Area P
Listed By:
Pamela S. Chance · License #260812
(912) 429-2715
Source:
Findnorthcarolinaproperties
Added: Sep 26
Changed: Sep 29
Last Checked: Sep 30 at 12:40PM
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 Coastal Area P
Investment Insights
Based on property information with market context.
This retail property in Brunswick, Georgia, is occupied by O'Reilly Auto Parts and was built in 2001. The site encompasses 0.98 acres and has a reported property size of 7,040.
The property is near Exit 29 on I-95 and the US Highway 17 corridor. The surrounding area includes retail and residential development, and the site offers access to the Port of Brunswick.
The property is near Exit 29 on I-95 and the US Highway 17 corridor. The surrounding area includes retail and residential development, and the site offers access to the Port of Brunswick.
Key Highlights
- Occupied by O'Reilly Auto Parts
- 0.98‑acre site
- Property size: 7,040
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
$61,546
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
7.24%
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%
$1,230,920
$1.2M
Cap Rate 7%
$879,229
$879.2K
Cap Rate 9%
$683,844
$683.8K
Market Conditions
NOI Build-Up for 7,040 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
$97.2K $13.80/SF
− Vacancy
−$9.2K −$1.31/SF
EGI
$87.9K $12.49/SF
− OpEx
−$26.4K −$3.75/SF
NOI
$61.5K $8.74/SF
Area
Glynn County, GA
Vacancy
9.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
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%
$1,230,920
Cap Rate 7%
$879,229
Cap Rate 9%
$683,844
Alternative Uses
Best Use
Retail
$879.2K
$769.3K – $1.03M
NOI $61,546 @ 7.0% cap · market cap 7.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.46M
$1.28M – $1.70M
NOI $102,275 @ 7.0% cap · market cap 12.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
182
Businesses Nearby
Explore this area
Business Placement
Demographics for 31523, GA
14,803
Population
5,773
Households
2.6
Avg Household Size
42
Median Age
28%
College-Educated
90%
High-School Grad
191.5 sq mi
ZIP Area
77
Density / Sq Mi
$90,148
Median Household Income
$50,684
Median Earnings
$1,023
Median Rent
$276,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Occupied by O'Reilly Auto Parts, the site sits within an established commercial area near major transportation routes.
Where is this retail space located?
The property is located at 375 Palisade Dr Brunswick, GA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Occupied by O'Reilly Auto Parts; 0.98‑acre site; Property size: 7,040
