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Property profile & analytics
FOR LEASE
Community centers
1408 Sadler Rd Fernandina Beach, FL 32034
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-1803757
For Lease
1 / 2
$3,970,000
1408 Sadler Rd, Fernandina Beach, FL 32034
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
22,660 SF
Lot
3.69 ac (160,905 SF)
Zoning code
CI
APN
00-00-30-024B-0001-0000
UPID
US18-1803757
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
$4.22M
Comparable Approach
Comparable
$3.71M
Blend (final)
Blend
$3.97M
Owner & transaction history
Fairway-sadler LLC · 9 yrs held
Fairway-sadler LLC
since 2017
7 recorded transactions
Zoning & alternative use
CI · Fernandina Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.4M
+115.6%
Office building
$4.2M
+105.7%
Restaurant
$3.5M
+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%
$4,575,000
6.5%
$4,220,000
7%
$3,920,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,375,000
Change: +116% · Conversion: Easy
OFFICE BUILDING
$4,175,000
Change: +106% · Conversion: Moderate
RESTAURANT
$3,505,000
Change: +73% · Conversion: Difficult
RETAIL STORES
$3,190,000
Change: +57% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,465,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$3.97M
Range $3.57M – $4.37M · ±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
$141,544
Tax year 2023
Assessed value
$7,532,014
Assessed 2023
Previous assessed
$7,599,324
-0.9% YoY
Effective rate
1.88%
On assessed value
Assessed land
$1,205,122
Assessed improvement
$6,326,892
Land market value
$1,205,122
Improvement market value
$6,326,892
Total market value
$7,532,014
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
For Lease
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Rooms
31
Total area
22,660 SF
Lot
3.69 ac (160,905 SF)
Zoning code
CI
APN
00-00-30-024B-0001-0000
UPID
US18-1803757
Jurisdiction
NASSAU
Zoning & alternative use
CI · Fernandina Beach, FL
Zoning CI · permitted uses
CI · 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
$4.4M
OFFICE BUILDING
Est. value
$4.2M
RESTAURANT
Est. value
$3.5M
RETAIL STORES
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$2.5M
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
31
Lot
3.69 ac
Current owner
From public records · entity-resolved
Fairway-sadler LLC
Entity
Mailing address
728 SHADES CRK PKWY #210, BIRMINGHAM, AL 35209-0002
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2017
$11,500,000
Fairway-sadler LLC
Sadler Equities LLC
Grant Deed
$7,475,000 · Miscellaneous Ins Co
Nov 6, 2006
$1,920,000
Sadler Equities LLC
Triple Net Equities Ltd
Grant Deed
related
$6,480,000 · Amsouth Bank
Apr 11, 2006
—
Triple Net Equities Ltd
Sadler Road Land Trust
Quit Claim Deed
related
—
Jan 19, 2006
—
Triple Net Equities Ltd
Sadler Road Land Trust
Quit Claim Deed
related
—
Oct 13, 2004
$2,500,000
Sadlers Road Land Trust
Marel Ents Ltd
Grant Deed
—
Sep 18, 1998
$1,200,000
Marel Enterprises Ltd
Fronrath,gary R
Grant Deed
$1,200,000 · General Motors Acceptance Corp
—
—
Sadler Equities LLC
—
Deed Of Trust
related
$8,400,000 · Sun Life Assurance Co
—
—
Triple Net Equities Ltd
—
Deed Of Trust
related
$1,920,000 · Amsouth Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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