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Property profile & analytics
OFF-MARKET
Estimated value
$2,715,000
Community centers
1018 14th St Fernandina Beach, FL 32034-2919
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US18-1036558
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,494 SF
Lot
8.57 ac (373,379 SF)
Zoning code
C-2
APN
00-00-31-1800-0265-0011
UPID
US18-1036558
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
AI Approach
AI
by Request
CAP Approach
CAP
$2.89M
Comparable Approach
Comparable
$2.54M
Blend (final)
Blend
$2.72M
Owner & transaction history
Dbtw At Fbfl LLC · 20 yrs held
Dbtw At Fbfl LLC
since 2005
2 recorded transactions
Zoning & alternative use
C-2 · Fernandina Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.0M
+115.6%
Office building
$2.9M
+105.7%
Restaurant
$2.4M
+72.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fernandina Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fernandina Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,125,000
6.5%
$2,885,000
7%
$2,680,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,990,000
Change: +116% · Conversion: Easy
OFFICE BUILDING
$2,855,000
Change: +106% · Conversion: Moderate
RESTAURANT
$2,395,000
Change: +73% · Conversion: Difficult
RETAIL STORES
$2,180,000
Change: +57% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,685,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$2.72M
Range $2.44M – $2.99M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$175 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$92,618
Tax year 2023
Assessed value
$4,928,518
Assessed 2023
Previous assessed
$4,928,500
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$985,704
Assessed improvement
$3,942,814
Land market value
$985,704
Improvement market value
$3,942,814
Total market value
$4,928,518
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
5
Stories
1
Rooms
24
Total area
15,494 SF
Lot
8.57 ac (373,379 SF)
Zoning code
C-2
APN
00-00-31-1800-0265-0011
UPID
US18-1036558
Jurisdiction
NASSAU
Zoning & alternative use
C-2 · Fernandina Beach, FL
Zoning C-2 · permitted uses
C-2 · Fernandina Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fernandina Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$3.0M
OFFICE BUILDING
Est. value
$2.9M
RESTAURANT
Est. value
$2.4M
RETAIL STORES
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$1.7M
COMMERCIAL (GENERAL)
OFFICE BUILDING
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
5
Rooms
24
Lot
8.57 ac
Current owner
From public records · entity-resolved
Dbtw At Fbfl LLC
Entity
Mailing address
PO BOX 30641, SEA ISLAND, GA 31561-0641
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 7, 2005
$6,065,500
Dbtw At Fbfl LLC
Eight Flags LLC
Warranty Deed
$6,050,000 · First Bank Of The South
Jul 24, 2001
$185,000
Lee Chiropractic Clinic INC
Pittman,richard E
Grant Deed
$185,000 · First Guaranty Bk & Tr Jackson
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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