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Property profile & analytics
FOR SALE
Office buildings
2477 Sadler Rd Fernandina Beach, FL 32034
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-4424809
For Sale
1 / 32
$789,000
2477 Sadler Rd, Fernandina Beach, FL 32034
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1947
Construction
WOOD
Total area
1,500 SF
Lot
0.3 ac (13,000 SF)
Zoning code
C-1
APN
00-00-30-0600-0001-0080
UPID
US18-4424809
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
$635k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$482k
Blend (final)
Blend
$655k
Owner & transaction history
Stay Better Vacations LLC · 4 yrs held
Stay Better Vacations LLC
since 2022
Last sale
$725,000
7 recorded transactions
Zoning & alternative use
C-1 · Fernandina Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$460,000
+30.1%
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
$700,000
ML approach
$635,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$460,000
Change: +30% · Conversion: Easy
Blend value · Realmo final
$655k
Range $590k – $721k · ±10% · vs last sale $725k (Mar 14 2022)
Last sale anchor
$725k
Mar 14 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
$437 / 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
$10,012
Tax year 2023
Assessed value
$532,752
Assessed 2023
Previous assessed
$294,997
+80.6% YoY
Effective rate
1.88%
On assessed value
Assessed land
$276,250
Assessed improvement
$256,502
Land market value
$276,250
Improvement market value
$256,502
Total market value
$532,752
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1947
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
5
Bathrooms
1
Total area
1,500 SF
Lot
0.3 ac (13,000 SF)
Zoning code
C-1
APN
00-00-30-0600-0001-0080
UPID
US18-4424809
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$460,000
COMMERCIAL (GENERAL)
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
1947
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
5
Bathrooms
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Stay Better Vacations LLC
Entity
Mailing address
2477 SADLER RD, FERNANDINA BEACH, FL 32034-4561
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2022
$725,000
Stay Better Vacations LLC
Julia N Bennett
Warranty Deed
$616,250 · First Port City Bank
Aug 21, 2018
—
Bennett,julia N Trust
Bennett,julia N
Quit Claim Deed
related
—
Oct 30, 2009
—
Julia N Bennett
—
Trustees Deed
related
$95,000 · Citizens State Bank
Oct 22, 2008
—
Julia N Bennett
—
Trustees Deed
related
$95,000 · Citizens State Bank
Oct 14, 2004
—
Julia N Bennett
—
Trustees Deed
related
$95,000 · Citizens State Bank
Feb 3, 1998
$150,000
Julia N Bennett
Lasserre,curtis H
Grant Deed
$120,000 · Citizens State Bank
—
—
Julia N Bennett
—
Deed Of Trust
related
$95,000 · Citizens State Bank
—
—
Julia N Bennett
—
Deed Of Trust
related
$95,000 · Citizens State 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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