1.5-Story Medical Office
For Sale
$1,350,000
F-3226 Hampton Ave, Brunswick, GA 31522
Medical office condo features nine exam rooms, multiple offices, lab, and ample front and side parking.
Property Size5,354 SF
Price / SF$252.15
Days on Market423
Property Features for F-3226 Hampton Ave
General Information
Standard status
Active
Size
5,354 SF
Taxes and HOA fees
Annual Taxes
$3,990
Listing Agency:
Driggers Commercial Group, Inc
(912) 634-5900
Listed By:
Robert E Driggers Jr. · License #278693
(912) 506-9837
Source:
Exprealty
Added: Jul 12, 2025
Changed: Sep 4
Last Checked: Sep 6 at 3:01PM
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.
This 1.5-story medical office condominium offers a practical clinical layout with nine exam rooms, three private offices, a large administrative area, and a waiting room/reception area. Additional improvements include a lab, full kitchen, and three half baths on the lower level, along with one full bath upstairs.
The property is described as well located within Hampton Medical Park and is within view of Southeast Georgia Regional Medical Center’s main campus. Ample parking is available at the front and side of the building. Tax records indicate the property is not in the flood zone.
Tax records also reflect that the space is part of a condominium in Hampton Medical Park, supporting an easy way for eligible buyers to acquire a configured medical office facility.
The property is described as well located within Hampton Medical Park and is within view of Southeast Georgia Regional Medical Center’s main campus. Ample parking is available at the front and side of the building. Tax records indicate the property is not in the flood zone.
Tax records also reflect that the space is part of a condominium in Hampton Medical Park, supporting an easy way for eligible buyers to acquire a configured medical office facility.
Key Highlights
- 1.5‑story medical office condo in Hampton Medical Park (Condominiums), within view of Southeast Georgia Regional Medical Center main campus
- 9 exam rooms plus 3 private offices
- Large admin area and waiting room/reception area
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
$54,498
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
4.04%
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%
$1,089,960
$1.1M
Cap Rate 7%
$778,543
$778.5K
Cap Rate 9%
$605,533
$605.5K
Market Conditions
NOI Build-Up for 5,354 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
$93.2K $17.40/SF
− Vacancy
−$20.5K −$3.83/SF
EGI
$72.7K $13.57/SF
− OpEx
−$18.2K −$3.39/SF
NOI
$54.5K $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 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%
$1,089,960
Cap Rate 7%
$778,543
Cap Rate 9%
$605,533
Alternative Uses
Best Use
Office B
$778.5K
$681.2K – $908.3K
NOI $54,498 @ 7.0% cap · market cap 4.04%
Second Best
Healthcare Medical
$699.9K
$612.4K – $816.5K
NOI $48,992 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$1.11M
$972.3K – $1.30M
NOI $77,781 @ 7.0% cap · market cap 5.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
96
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 31522, GA
16,892
Population
12,241
Households
1.4
Avg Household Size
57
Median Age
56%
College-Educated
96%
High-School Grad
53.4 sq mi
ZIP Area
316
Density / Sq Mi
$106,413
Median Household Income
$63,077
Median Earnings
$1,723
Median Rent
$498,300
Median Home Value
Market
Vacancy Rate% for Office 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?
Medical Office Space - Medical office condo features nine exam rooms, multiple offices, lab, and ample front and side parking.
Where is this medical office space located?
The property is located at F-3226 Hampton Ave Brunswick, GA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 1.5‑story medical office condo in Hampton Medical Park (Condominiums), within view of Southeast Georgia Regional Medical Center main campus; 9 exam rooms plus 3 private offices; Large admin area and waiting room/reception area
