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Property profile & analytics
FOR SALE
Warehouses
1431 Lewis St, Fernandina Beach, FL 32034
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-0301032
For Sale
1 / 134
$2,799,000
1431 Lewis St, Fernandina Beach, FL 32034
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1982
Construction
WOOD
Total area
2,960 SF
Lot
1.79 ac (77,776 SF)
Zoning code
CG
APN
00-00-30-0820-0005-0040
UPID
US18-0301032
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
$550k
CAP Approach
CAP
$420k
Comparable Approach
Comparable
$756k
Blend (final)
Blend
$585k
Owner & transaction history
Amelia Island Holdings LLC · 3 yrs held
Amelia Island Holdings LLC
since 2022
Last sale
$720,000
2 recorded transactions
Zoning & alternative use
CG · Fernandina Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$905,000
+63.0%
Office building
$695,000
+25.3%
Retail stores
$675,000
+21.9%
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
$495,000
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
$460,000
6.5%
$420,000
7%
$390,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$555,000
Current use
COMMERCIAL (GENERAL)
$905,000
Change: +63% · Conversion: Difficult
OFFICE BUILDING
$695,000
Change: +25% · Conversion: Difficult
RETAIL STORES
$675,000
Change: +22% · Conversion: Moderate
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $720k (Oct 19 2022)
Last sale anchor
$720k
Oct 19 2022
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
$198 / 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
$9,582
Tax year 2023
Assessed value
$592,561
Assessed 2023
Previous assessed
$513,429
+15.4% YoY
Effective rate
1.62%
On assessed value
Assessed land
$156,816
Assessed improvement
$435,745
Land market value
$156,816
Improvement market value
$435,745
Total market value
$592,561
Applied tax rate
8.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
For Sale
Year built
1982
Construction
WOOD
Heating
NONE
Cooling
NONE
Buildings
10
Stories
1
Rooms
2
Total area
2,960 SF
Lot
1.79 ac (77,776 SF)
Zoning code
CG
APN
00-00-30-0820-0005-0040
UPID
US18-0301032
Jurisdiction
NASSAU
Zoning & alternative use
CG · Fernandina Beach, FL
Zoning CG · permitted uses
CG · 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
WAREHOUSE, STORAGE Current
Est. value
$555,000
COMMERCIAL (GENERAL)
Est. value
$905,000
OFFICE BUILDING
Est. value
$695,000
RETAIL STORES
Est. value
$675,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
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
1982
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
10
Rooms
2
Lot
1.79 ac
Current owner
From public records · entity-resolved
Amelia Island Holdings LLC
Entity
Mailing address
11455 SW 40TH ST #173, MIAMI, FL 33165-3311
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Oct 19, 2022
$720,000
Amelia Island Holdings LLC
R&d Cooper Ltd
Limited Warranty Deed
$1,900,000 · R & D Cooper Ltd
May 3, 2006
$990,000
R & D Cooper Ltd
Apsco INC
Warranty Deed
$783,750 · Compass 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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