Technical
Financial
Distress signals
Property profile

232 2nd St Fernandina Beach, FL 32034

OFF-MARKET
Turn key restaurants
Property ID
US18-2247093
4,848 SF 0.14 ac lot Built 1902
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1902
Construction WOOD
Total area 4,848 SF
Lot 0.14 ac (6,250 SF)
Zoning code I-1
APN 00-00-31-1800-0008-0101
UPID US18-2247093

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
  • Restaurant
  • Restaurant

Location

232 2nd St Fernandina Beach, FL 32034-4106
Fernandina Beach metro Census 50102 JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$380k

Owner & transaction history

since 2019
4 recorded transactions
2019
$700,000
2010
$215,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I-1 · Fernandina Beach, FL
Zoning description

2.01.14 Light Industrial (I-1) The I-1 District is intended for the development of light industrial manufacturing, fabrication, processing, or warehousing, storage, research facilities, commercial activities and services…

General category INDUSTRIAL

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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