Subdividable Industrial
400 Commerce Center Dr Brunswick, GA 31523
For Sale
Contact for pricing
A 2006-built warehouse with air conditioning, sprinkler system, and drive-in doors, sized to subdivide into four units.
Property Size12,800 SF
Price / SF$84.38
Days on Market340
Property Features for 400 Commerce Center Dr
General Information
- Standard status
- Active
- Size
- 12,800 SF
- Property subtype
- INDUSTRIAL
Listing Agency:
Driggers Commercial Group Inc.
(912) 634-5900
Listed By:
Robert Driggers · License #278693
Source:
Moodyscre
Added: Aug 20, 2025
Changed: Jul 25
Last Checked: Jul 25 at 3:35AM
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 Driggers Commercial Group Inc.
Investment Insights
Based on property information with market context.
Built in 2006, this warehouse building offers approximately 12,800 SF and can be subdivided into four separate units. The property features drive-in doors, a 13’ eave height and 15’ clear height, with a 5” concrete slab as the building base. The entire building is air-conditioned and sprinklered.
The transaction is offered for sale.
The transaction is offered for sale.
Key Highlights
- Warehouse built in 2006 with approximately 12,800 SF of space
- Potential to subdivide into four units
- Air‑conditioned and sprinklered throughout the entire building
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 | $95.2k | $7.44 |
| − Vacancy | −$5.5k | −$0.43 |
| EGI | $89.7k | $7.01 |
| − OpEx | −$13.5k | −$1.05 |
| NOI | $76.3k | $5.96 |
12,800 SF · lease $7.44/SF/yr · vacancy 5.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.09M
$953.2K – $1.27M
NOI $76,252 @ 7.0% cap · market cap 7.06%
Second Best
Industrial
$833.0K
$728.9K – $971.8K
NOI $58,308 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$2.66M
$2.32M – $3.10M
NOI $185,954 @ 7.0% cap · market cap 17.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Distribution centers
Similar Off Market Nearby
- American Mini Storage — 117 Center Dr, Brunswick, GA 31520
- Extra Space Storage — 125 Scranton Connector, Brunswick, GA 31525
- Extra Space Storage — 704 Mall Blvd, Brunswick, GA 31525
- Altama Storage Co — 60 Scranton Connector, Brunswick, GA 31525
FAQs
What type of property is this?
Warehouse - A 2006-built warehouse with air conditioning, sprinkler system, and drive-in doors, sized to subdivide into four units.
Where is this warehouse located?
The property is located at 400 Commerce Center Dr Brunswick, GA.
What is the asking price?
The asking price for this property is $1,080,000.
What are key features of this property?
This property features: Warehouse built in 2006 with approximately 12,800 SF of space; Potential to subdivide into four units; Air‑conditioned and sprinklered throughout the entire building
