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Property profile & analytics
FOR SALE
Commercial land

194 Miranda Ln Brunswick, GA 31523

Property ID
US22-2171684
Property summary
AI-generated overview

Marcus & Millichap is pleased to present the subject properties, 194 Miranda Ln. Brunswick, Ga 31523 and 175 Miranda Ln. Brunswick, Ga 31523, totaling ~27.71 acres. With multiple commercial and residential uses available, these properties have direct access to Highway 17, 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 that has already increased port activity and employment and will continue to going forward.

Property profile
Verified
Property type Commercial land
UPID US22-2171684
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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