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Property profile & analytics
FOR SALE
Commercial land

135 Belle Cutoff Rd Brunswick, GA 31523

Entity Owned 3-yr Hold
Property ID
US22-2093991
Property summary
AI-generated overview

Marcus & Millichap is pleased to present the subject properties, 135 Belle Cutoff Rd. Brunswick, Ga 31523, 3340 Highway 17 S, Brunswick, Ga 31523, and 3368 Highway 17 S, Brunswick, Ga 31523, totaling 19.5 acres. These properties can be acquired together or separately with multiple commercial or residential uses available. These properties have 550 feet of frontage and 15,400 Vehicles Per Day (VPD) from the fronting Highway 17 S, known as the gateway to Jekyll Island, one of the barrier islands of the Golden Isles, which includes St. Simons Island, Little St. Simons Island, & Sea Island, as well as the mainland city of Brunswick. These islands and towns are hotbeds for tourism, amassing over 3.2 million overnight visitors annually, creating an economic impact of over 1.7 billion. The Golden Isles are within Glynn County, which has the fastest-growing Tourism & Hospitality sector on the Georgia coast and is second in the state outside the Atlanta Metro Area per the Golden Isles Convention & Visitors Bureau. Additionally, this property is approximately 3.5 miles from the Port of Brunswick’s Colonel’s Island Terminal, which is the 2nd busiest port in the US for total Ro/Ro (roll-on, roll-off) cargo and imports. The terminal consists of 1,700 acres and approximately 850 employees. A $262 million infrastructure project is nearing completion and will add 122 acres of Ro/Ro storage and 640,000 square feet of new processing space, and has already increased port activity and employment and will continue to going forward.

Property profile
Verified
Property type Commercial land
UPID US22-2093991
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Clement Belle Farm LP · 3 yrs held
Clement Belle Farm LP
since 2023
3 recorded transactions
2024
Price N/A
2023
$650,000
2017
$1.3M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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