Technical
Financial
Distress signals
Property profile

2022 1st Ave Fernandina Beach, FL 32034

OFF-MARKET
Retail space
Property ID
US18-4135718
3,729 SF 0.18 ac lot Built 1995
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1995
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,729 SF
Lot 0.18 ac (7,725 SF)
Zoning code C-1
APN 00-00-31-1360-0056-0020
UPID US18-4135718

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon
  • (Bike/Boat/Book/etc) Store
  • Specialty Food Shop (Bike/Boat/Book/etc) Store
  • Shopping Center & Mall

Location

2022 1st Ave Fernandina Beach, FL 32034-6033
Fernandina Beach metro Census 50205 JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$650k
Comparable Approach Comparable
$679k
Blend (final) Blend
$685k

Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
2018
$725,000

Zoning & alternative use

C-1 · Fernandina Beach, FL
Zoning description

2.01.11 Community Commercial (C-1) The C -1 District is intended for the development of land uses to accommodate commercial businesses and offices providing goods and services to more than a few neighborhoods, and land u…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $1.1M +33.7%
Office building $875,000 +2.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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