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Property profile & analytics
OFF-MARKET
Estimated value
$1,975,000
Office buildings
5472 1st Coast Hwy Fernandina Beach, FL 32034-5488
Entity Owned
28-yr Hold
~
Est. High Equity
Property ID
US18-4287809
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Construction
STEEL FRAME
Total area
7,312 SF
Lot
1.72 ac (75,041 SF)
Zoning code
CN
APN
00-00-30-0820-0005-0020
UPID
US18-4287809
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
$1.68M
Comparable Approach
Comparable
$2.35M
Blend (final)
Blend
$1.98M
Owner & transaction history
Park Place Of Amelia INC · 28 yrs held
Park Place Of Amelia INC
since 1997
1 recorded transaction
Zoning & alternative use
CN · Fernandina Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
LDC COMBINED 2026
Top alternative use upside
Restaurant
$2.5M
+44.8%
Commercial (general)
$2.2M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,820,000
6.5%
$1,680,000
7%
$1,560,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,715,000
Current use
RESTAURANT
$2,485,000
Change: +45% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,235,000
Change: +30% · Conversion: Easy
RETAIL STORES
$1,670,000
Change: -3% · Conversion: Moderate
Blend value · Realmo final
$1.98M
Range $1.78M – $2.17M · ±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
$270 / 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
$31,183
Tax year 2023
Assessed value
$2,203,496
Assessed 2023
Previous assessed
$1,588,150
+38.7% YoY
Effective rate
1.42%
On assessed value
Assessed land
$487,760
Assessed improvement
$1,715,736
Land market value
$487,760
Improvement market value
$1,715,736
Total market value
$2,203,496
Applied tax rate
8.0000
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
Off-Market
Year built
1999
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Rooms
30
Total area
7,312 SF
Lot
1.72 ac (75,041 SF)
Zoning code
CN
APN
00-00-30-0820-0005-0020
UPID
US18-4287809
Jurisdiction
NASSAU
Zoning & alternative use
CN · Fernandina Beach, FLZoning CN · permitted uses
CN · Fernandina Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
LDC COMBINED 2026
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.7M
RESTAURANT
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.2M
RETAIL STORES
Est. value
$1.7M
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
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
1999
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Rooms
30
Lot
1.72 ac
Current owner
From public records · entity-resolved
Park Place Of Amelia INC
Entity
Mailing address
PO BOX 15045, FERNANDINA BEACH, FL 32035-3101
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 1997
$215,000
Park Place Of Amelia INC
R&r Partnership
Grant Deed
$129,000 · R&r Partnership
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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