Absolute Auction, 9.96 AC Land

Land Description

$1 Auction - 9.96 AC Multi-Family Land.

Online Auction August 08-10, 2022

All bidders must register with Marketplace to participate in the auction, see details below.

Investment Highlights

±9.96 Acres of Residential Land in Brunswick, Georgia Near I-95 Exit 36

Zoned GR - General Residential with Permitted Uses Per Zoning Code including Single-Family, Townhome, & Multi-Family up to 10 Units per Acres (Contact Glynn County Planning and Zoning Department for Further Details)

Excellent Accessibility and Proximity to I-95 and Benefitting from Traffic Counts of ±51,700 Vpd

Nearby National Retailers include Winn Dixie, Cvs, Starbucks, Pizza Hut, Cracker Barrel, and Numerous Hospitality Options

Dense demographics with ±44,131 individuals and avg household income of ±$63,509 (5-mile radius)

Absolute Auction - 1st Bid Meets Reserve.

Offering Summary

Marcus & Millichap and RI Marketplace are pleased to present Brunswick Land consisting of ±9.96 acres located at 502 Butler Drive in Brunswick, Georgia (“Property”). The Property offers an exceptional investment opportunity via development and first bid meets reserve.

The Property consists of a single parcel near the I-95 cloverleaf interchange with Golden Isles Pkwy in a heavy traffic area with ±51,700 VPD on I-95 and ±16,900 VPD traveling on Golden Isles Pkwy. Nearby national retailers and hospitality include Winn Dixie, Cvs, Starbucks, Pizza Hut, Cracker Barrel, Wingate, Days Inn, Motel 6, Econo Lodge, Comfort Inn & Suites, Kfc, Popeye's, Kfc, Waffle House, and more. The Parcel is well-positioned in the trade area adjacent to I-95 with direct access to downtown Brunswick (±6-Miles), Savannah (±73-Miles), and Jacksonville (±66-Miles). The land is currently zoned General Residential with permitted uses including single-family, multi-family, group dwellings, timeshare, and townhouse. Per zoning code, the Property benefits from maximum density of ten units per net acre (contact Glynn County Planning and Zoning Department for further details).

Brunswick is the major urban and economic center in the southeast corner of Georgia. It is home to one of Georgia's two deep-water ports and is the gateway to the Golden Isles, which lie to the east across the Atlantic Intracoastal Waterway: St. Simons Island, Sea Island, Little St. Simons Island, and Jekyll Island. Within a five-mile radius, the Property has a 2022 population of ±44,131 and an average household income of ±$63,509.

Auctioneer:

Lamar P. Fisher

Fisher Auction Company Inc.

License: Aunr003157

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