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Property profile & analytics
OFF-MARKET
Estimated value
$980,000
Investment properties
2021 Fletcher Ave, Fernandina Beach, FL 32034-2331
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US18-5072034
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,461 SF
Lot
0.28 ac (12,100 SF)
Zoning code
C-1
APN
00-00-31-1360-0002-0000
UPID
US18-5072034
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
$1.07M
Comparable Approach
Comparable
$979k
Blend (final)
Blend
$980k
Owner & transaction history
Hammertime Amelia LLC · 14 yrs held
Hammertime Amelia LLC
since 2012
6 recorded transactions
Zoning & alternative use
C-1 · Fernandina Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
$1,160,000
6.5%
$1,070,000
7%
$995,000
Blend value · Realmo final
$980k
Range $882k – $1.08M · ±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
$179 / 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
$17,639
Tax year 2023
Assessed value
$1,141,443
Assessed 2023
Previous assessed
$838,605
+36.1% YoY
Effective rate
1.55%
On assessed value
Assessed land
$603,400
Assessed improvement
$538,043
Land market value
$603,400
Improvement market value
$538,043
Total market value
$1,141,443
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
7
Total area
5,461 SF
Lot
0.28 ac (12,100 SF)
Zoning code
C-1
APN
00-00-31-1360-0002-0000
UPID
US18-5072034
Jurisdiction
NASSAU
Zoning & alternative use
C-1 · Fernandina Beach, FL
Zoning C-1 · permitted uses
C-1 · 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.
Building & site characteristics
From public records
Year built
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
7
Lot
0.28 ac
Current owner
From public records · entity-resolved
Hammertime Amelia LLC
Entity
Mailing address
PO BOX 16569, FERNANDINA BEACH, FL 32035-3127
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2012
$718,144
Hammertime Amelia LLC
Hall Lowell Living Trust
Grant Deed
related
$1,065,000 · First Coast Community Bank
Dec 27, 2011
$16,750
Lowell Hall
Hall Myrtle Living Trust
Grant Deed
related
—
Apr 11, 2001
$7,000
Board County Commissioners Nau
Hall Trust
Grant Deed
—
Dec 28, 1998
—
Myrtle Hall Trustee
Hall,myrtle
Quit Claim Deed
related
$103,000 · Compass Bank
—
—
Hall Trust
—
Deed Of Trust
related
$85,000 · Compass Bank
—
—
Hall Trust
—
Deed Of Trust
related
$279,628 · First National Bank Nassau
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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