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    New Jesup Hwy Brunswick, GA 31520

    Sponsored
    For Sale
    $4,080,000

    240 Lots, Build-to-Rent Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 58.37-acre parcel in Glynn County, Georgia presents a prime residential development opportunity. Located just eight miles north of downtown Brunswick, this property boasts 240 undeveloped lots with all necessary county approvals secured for residential construction. Zoned MR (Medium Residential), the site allows for a diverse range of uses, making it ideal for a build-to-rent townhome community or fee-simple sales. The property's strategic location offers easy access to major transportation arteries, including Highway 341 (18,900 VPD) and Interstate 95 (three miles away), as well as Brunswick Golden Isles Airport (four miles). Its proximity to the bustling Port of Brunswick (13 miles), a significant economic driver, further enhances its investment appeal. The area experiences strong demand for workforce housing, fueled by the growth of nearby resort areas like Sea Island and St. Simons Island. The property also includes a Corps of Engineers Nationwide Permit, streamlining the development process. Nearby amenities include the exclusive Oak Grove Island gated community and the Heritage Oaks Golf Club. This is a rare opportunity to capitalize on the thriving Brunswick real estate market. The asking price is $4,080,000. The lease expires September 2nd, 2025.

    Property Features for 0 New Jesup Hwy

    General Information

    Property type
    Land
    Lot Size
    2,542,597 SF

    HighLights

    • 240 approved residential lots ready for development.
    • Build‑to‑rent or fee simple sales potential.
    • Medium Residential (MR) zoning allows diverse development options.
    • MR zoning permits various uses (link provided).
    • Excellent site for townhome construction.
    • Includes a Corps of Engineers Nationwide Permit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Brunswick
    County
    Glynn
    State
    Georgia
    Longitude
    -81.556756512316
    Latitude
    31.255998770538

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    FAQs

    What type of property is this?
    Land - 240 Lots, Build-to-Rent Potential
    Where is this land located?
    The property is located at New Jesup Hwy Brunswick, GA.
    What is the asking price?
    The asking price for this property is $4,080,000.
    What are key features of this property?
    This property features: 240 approved residential lots ready for development.; Build-to-rent or fee simple sales potential.; Medium Residential (MR) zoning allows diverse development options.
    (404) 876-1640
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    New Jesup Hwy Brunswick, GA 31520
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    Realmo Value Estimation

    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.

    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.

    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
    New Jesup Hwy Brunswick, GA 31520
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