Office Suite with Reception
For Sale
Contact for pricing
911 S 8TH STREET SUITE A, Fernandina Beach, FL 32034
Tenants share conference rooms, three ADA-compliant restrooms, a kitchenette, and parking.
Property Size320 SF
Price / SF$5.94
Days on Market200
Property Features for 911 S 8TH STREET SUITE A
General Information
Standard status
Active
Size
320 SF
Property subtype
Other
Additional Details
Condition
Move-in Ready
Office Units
1
Property Use
Office/Retail
Amenities
natural light
private reception/waiting area
shared ADA-compliant restrooms
shared kitchenette
shared conference rooms
signage available
Listing Agency:
AMELIA COASTAL REALTY LLC
(904) 261-2770
Listed By:
Sal Grimaldi
(904) 576-1826
Source:
Atlanticsaltrealty
Added: Apr 16
Changed: Oct 30
Last Checked: Oct 30 at 3:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AMELIA COASTAL REALTY LLC
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Investment Insights
Based on property information with market context.
This 320 SF office unit has two offices with natural light and a private reception and waiting area. Shared building amenities include three ADA-compliant restrooms, a kitchenette, a parking lot, and two conference rooms. Utilities are included in the rent.
Signage is available on South 8th Street, where the property receives exposure to more than 10,500 cars per day.
Signage is available on South 8th Street, where the property receives exposure to more than 10,500 cars per day.
Key Highlights
- 320 SF office unit with two naturally lit offices
- Private reception and waiting area
- Two shared conference rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,481
Suggested Prices Based on Cap Rates
Cap Rate 5%
$89,620
$89.6K
Cap Rate 7%
$64,014
$64.0K
Cap Rate 9%
$49,789
$49.8K
Market Conditions
NOI Build-Up for 320 SF
Gross rent
$7.7K $24.00/SF
− Vacancy
−$1.7K −$5.33/SF
EGI
$6.0K $18.67/SF
− OpEx
−$1.5K −$4.67/SF
NOI
$4.5K $14.00/SF
Area
Nassau County, FL
Vacancy
22.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$89,620
Cap Rate 7%
$64,014
Cap Rate 9%
$49,789
Alternative Uses
Best Use
Office B
$64.0K
$56.0K – $74.7K
NOI $4,481 @ 7.0% cap · market cap 235.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$85.4K
$74.7K – $99.6K
NOI $5,975 @ 7.0% cap · market cap 314.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
517
Businesses Nearby
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Business Placement
Demographics for 32034, FL
38,167
Population
21,768
Households
1.8
Avg Household Size
56
Median Age
54%
College-Educated
97%
High-School Grad
65.0 sq mi
ZIP Area
587
Density / Sq Mi
$97,756
Median Household Income
$48,467
Median Earnings
$1,399
Median Rent
$484,200
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Tenants share conference rooms, three ADA-compliant restrooms, a kitchenette, and parking.
Where is this office unit located?
The property is located at 911 S 8TH STREET SUITE A Fernandina Beach, FL.
What are key features of this property?
This property features: 320 SF office unit with two naturally lit offices; Private reception and waiting area; Two shared conference rooms
