0 New Jesup Hwy Brunswick, GA 31520
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.