110 Dungeness DrBrunswick, GA 31523

  • Other commercial real estate
  • 1.84 AC
For Sale
$3,500,000 View listing

Property Details for 110 Dungeness Dr

Year built
2012
Lot size
1.84 AC
Zone code
PDG
Property type
Other commercial real estate
APN
03-11648
APU
311648

Description

This exceptional 5,000-square-foot truck stop, situated on 3.29 acres at 110 Dungeness Dr, Brunswick, GA 31523, presents a compelling value-add investment opportunity. Built in 2012, the property boasts a prime location directly off Interstate 95, a major north-south artery along the East Coast, ensuring high traffic volume. Currently operating at 100% occupancy, the property includes a Dunkin' Donuts franchise with a remaining lease term of 2.6 years, providing a stable income stream. The absence of a fuel contract offers significant upside potential for a new owner to negotiate favorable fuel supply agreements. The property's current configuration lacks key amenities such as a deli, expanded food options, fountain drinks, alcohol sales, and lottery services. Adding these features would significantly enhance profitability and cater to the needs of truck stop patrons. The property's location in Brunswick, GA, a major economic hub with a thriving port and diverse industries, further strengthens its investment appeal. The asking price is $3,500,000, translating to $700 per square foot. The property features 20 gas pumps and is a multi-tenant property. This is a rare chance to acquire a well-positioned truck stop with substantial room for growth and increased revenue generation.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $14,678,548
    Hospitality
    $13,445,471
    Educational
    $11,186,474
    Medical
    $11,571,194
    Retail
    $17,401,182
110 Dungeness Dr, Brunswick, Georgia

Location Insight

City
Brunswick
County
Glynn
State
Georgia
Latitude
31.1386
Longitude
-81.5812
CBSA code
15260
CBSA name
BRUNSWICK, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,418
$106,560
$243,092
$349,652
-
$266,400
$607,731
$874,131

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