New search
Property profile & analytics
OFF-MARKET
Estimated value
$13,455,000
Warehouses
474431 State Rd 200, Fernandina Beach, FL 32034-0802
Entity Owned
16-yr Hold
Free & Clear
Property ID
US18-2182812
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2008
Construction
STEEL FRAME
Total area
97,432 SF
Lot
2.65 ac (115,400 SF)
Zoning code
CG
APN
40-2N-28-0000-0025-0000
UPID
US18-2182812
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
$13.90M
Comparable Approach
Comparable
$17.74M
Blend (final)
Blend
$13.46M
Owner & transaction history
J H E Holdings INC · 16 yrs held
J H E Holdings INC
since 2009
7 recorded transactions
Zoning & alternative use
CG · Fernandina Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$22.3M
+21.9%
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%
$15,060,000
6.5%
$13,900,000
7%
$12,910,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$18,245,000
Current use
RETAIL STORES
$22,250,000
Change: +22% · Conversion: Moderate
Blend value · Realmo final
$13.46M
Range $12.11M – $14.80M · ±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
$138 / 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
$93,161
Tax year 2023
Assessed value
$7,244,869
Assessed 2023
Previous assessed
$4,784,307
+51.4% YoY
Effective rate
1.29%
On assessed value
Assessed land
$1,154,000
Assessed improvement
$6,090,869
Land market value
$1,154,000
Improvement market value
$6,090,869
Total market value
$7,244,869
Applied tax rate
4.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Buildings
3
Stories
3
Rooms
59
Bathrooms
1
Total area
97,432 SF
Lot
2.65 ac (115,400 SF)
Zoning code
CG
APN
40-2N-28-0000-0025-0000
UPID
US18-2182812
Jurisdiction
NASSAU
Zoning & alternative use
CG · Fernandina Beach, FL
Zoning CG · permitted uses
CG · 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
WAREHOUSE, STORAGE Current
Est. value
$18.2M
RETAIL STORES
Est. value
$22.3M
WAREHOUSE, STORAGE Current
RETAIL STORES
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
2008
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
3
Buildings
3
Rooms
59
Bathrooms
1
Lot
2.65 ac
Current owner
From public records · entity-resolved
J H E Holdings INC
Entity
Free & Clear · 16 yrs held
Mailing address
474431 E STATE RD 200, FERNANDINA BEACH, FL 32034-0802
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
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
Aug 15, 2019
—
Jhe Holdings INC
—
Grant Deed
related
$5,355,000 · Vystar Cu
Aug 5, 2009
—
J H E Holdings INC
Bobs Irrigation & Landscape INC
Correction Deed
related
—
May 18, 2007
—
Jhe Holdings INC
Owner,record
Quit Claim Deed
related
—
Jan 18, 2007
$308,300
Jhe Holdings INC
Bobs Irrigation & Landscape I
Quit Claim Deed
related
—
Jul 23, 1996
$136,214
Berghoefer Trust
Holland,w D & Lowana H
Grant Deed
$112,400 · Community First Bank
—
—
Robert L Vanpuymbrouck
—
Deed Of Trust
related
$285,000 · Barnett Bank
—
—
Irrigation Bobs
—
Deed Of Trust
related
$401,500 · Bank Of America
—
—
Jhe Holdings INC
—
Deed Of Trust
related
$339,000 · Oxford Life Ins Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 474431 State Rd 200?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
