Office Suite with Private
For Sale
Contact for pricing
700 Gloucester Street, Brunswick, GA 31520
The first-floor layout includes a conference room, break area, and substantial storage.
Property Size2,500 SF
Price / SF$2.08
Days on Market244
Property Features for 700 Gloucester Street
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Commercial
Additional Details
Floor
First Floor
Property Use
Office
Listing Agency:
Phoenix Realty Group
Listed By:
Lucas Jackson
Source:
Heiserrealestategroup
Added: Mar 5
Changed: Oct 31
Last Checked: Oct 31 at 2:37PM
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 Phoenix Realty Group
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Investment Insights
Based on property information with market context.
This recently renovated first-floor office suite measures approximately 2,500 SF. Its layout includes six private offices, a conference room, a break room, and storage. The suite is scheduled to be ready for occupancy in May 2026, with water, sewer, power, and garbage service included.
At 700 Gloucester Street in Brunswick, the property is in the downtown business district, near retail, restaurants, professional offices, and municipal buildings.
At 700 Gloucester Street in Brunswick, the property is in the downtown business district, near retail, restaurants, professional offices, and municipal buildings.
Key Highlights
- Approximately 2,500 SF on the first floor
- Six private offices, one conference room, a break room, and storage
- Recently renovated; ready for occupancy in May 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,448
Suggested Prices Based on Cap Rates
Cap Rate 5%
$508,960
$509.0K
Cap Rate 7%
$363,543
$363.5K
Cap Rate 9%
$282,756
$282.8K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$43.5K $17.40/SF
− Vacancy
−$9.6K −$3.83/SF
EGI
$33.9K $13.57/SF
− OpEx
−$8.5K −$3.39/SF
NOI
$25.4K $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 Rate 5%
$508,960
Cap Rate 7%
$363,543
Cap Rate 9%
$282,756
Alternative Uses
Best Use
Office B
$363.5K
$318.1K – $424.1K
NOI $25,448 @ 7.0% cap · market cap 489.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$518.8K
$454.0K – $605.3K
NOI $36,319 @ 7.0% cap · market cap 698.44%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,120
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The first-floor layout includes a conference room, break area, and substantial storage.
Where is this office unit located?
The property is located at 700 Gloucester Street Brunswick, GA.
What are key features of this property?
This property features: Approximately 2,500 SF on the first floor; Six private offices, one conference room, a break room, and storage; Recently renovated; ready for occupancy in May 2026
