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Property profile & analytics
OFF-MARKET Estimated value $1,035,000
Drive through restaurants

1940 8th St Fernandina Beach, FL 32034-3060

3,849 SF 0.94 ac lot Built 2010
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US19-0376744
Property summary
AI-generated overview

This 3,849 square foot fast-food restaurant in Nassau County is a turnkey operation, fully equipped with furniture, fixtures, and equipment (FF&E), ready for immediate occupancy. Located on South 8th Street, this high-visibility site boasts exceptional daily traffic of 20,700 vehicles and benefits from a strong demographic profile, with a 3-mile radius household income averaging $116,699. The property's strategic location places it alongside established national brands such as McDonald's, Taco Bell, Dunkin'/Baskin Robbins, and Tropical Smoothie, ensuring high visibility and customer traffic. Convenient access is provided via a 3/4 access point with a U-turn available within 100 feet of the right-hand exit. The property's versatility extends beyond fast food, making it suitable for various retail or service businesses. Its proximity to major anchors like Publix, Winn Dixie, and Walmart within a 1.25-mile radius further enhances its appeal and potential for success. This exceptional opportunity offers a fully operational space in a prime location, ready to support your business vision. Don't miss this chance to establish or expand your business in a thriving commercial area.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2010
Construction WOOD
Total area 3,849 SF
Lot 0.94 ac (40,850 SF)
Zoning code CI
APN 00-00-30-0800-0037-0060
UPID US19-0376744
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
by Request
Comparable Approach Comparable
$903k
Blend (final) Blend
$1.04M
Owner & transaction history
1940 Fernandina Beach LLC
1940 Fernandina Beach LLC
since 2026
6 recorded transactions
2026
$2.1M
2022
$2.5M
2017
Price N/A
2014
$3.0M
2003
$4.3M
1969
Price N/A
Zoning & alternative use
CI · Fernandina Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source LDC COMBINED 2026
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