Property profile

1008 Atlantic Ave Fernandina Beach, FL 32034

OFF-MARKET
Community centers
Property ID
US18-4346539
8,488 SF 0.29 ac lot Built 1960
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1960
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 8,488 SF
Lot 0.29 ac (12,500 SF)
Zoning code C-3
APN 00-00-31-1800-0053-0080
UPID US18-4346539

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising Event Planning

Location

1008 Atlantic Ave Fernandina Beach, FL 32034-3633
Fernandina Beach metro Census 50103 JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.34M
CAP Approach CAP
$1.58M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.44M

Owner & transaction history

since 2022
Last sale
$1.5M
3 recorded transactions
2022
$1.5M
2004
$450,000
1998
$245,000

Zoning & alternative use

C-3 · Fernandina Beach, FL
Zoning description

2.01.13 Central Business District (C-3) The C-3 District is intended for the development of land uses within the central business district as the City’s center for residential, financial, commercial, governmental, profes…

General category MIXED_USE
Top alternative use upside
Commercial (general) $1.6M +115.6%
Office building $1.6M +105.7%
Restaurant $1.3M +72.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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