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Property profile & analytics
OFF-MARKET
Estimated value
$1,540,000
Office buildings
5542 1st Coast Hwy Fernandina Beach, FL 32034-5087
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-0895199
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,542 SF
Lot
0.66 ac (28,600 SF)
Zoning code
CN
APN
20-2N-28-0000-0004-0000
UPID
US18-0895199
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
$1.67M
CAP Approach
CAP
$1.28M
Comparable Approach
Comparable
$1.78M
Blend (final)
Blend
$1.54M
Owner & transaction history
Harrison Park Suites LLC · 6 yrs held
Harrison Park Suites LLC
since 2020
Last sale
$1.5M
4 recorded transactions
Zoning & alternative use
CN · Fernandina Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
LDC COMBINED 2026
Top alternative use upside
Restaurant
$1.9M
+44.8%
Commercial (general)
$1.7M
+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
$1,610,000
ML approach
$1,665,000
CAP Approach
CAP Return
Estimation
6%
$1,380,000
6.5%
$1,275,000
7%
$1,185,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,300,000
Current use
RESTAURANT
$1,885,000
Change: +45% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,690,000
Change: +30% · Conversion: Easy
RETAIL STORES
$1,265,000
Change: -3% · Conversion: Moderate
Blend value · Realmo final
$1.54M
Range $1.39M – $1.69M · ±10% · vs last sale $1.50M (Feb 27 2020)
Last sale anchor
$1.50M
Feb 27 2020
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
$278 / 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
$23,713
Tax year 2023
Assessed value
$1,674,877
Assessed 2023
Previous assessed
$1,207,010
+38.8% YoY
Effective rate
1.42%
On assessed value
Assessed land
$316,358
Assessed improvement
$1,358,519
Land market value
$316,358
Improvement market value
$1,358,519
Total market value
$1,674,877
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
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
24
Total area
5,542 SF
Lot
0.66 ac (28,600 SF)
Zoning code
CN
APN
20-2N-28-0000-0004-0000
UPID
US18-0895199
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
$1.3M
RESTAURANT
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.7M
RETAIL STORES
Est. value
$1.3M
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
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
24
Lot
0.66 ac
Current owner
From public records · entity-resolved
Harrison Park Suites LLC
Entity
Mailing address
PO BOX 16987, FERNANDINA BEACH, FL 32035-3134
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2020
$1,500,000
Harrison Park Suites LLC
Lane Brothers Properties LLC
Special Warranty Deed
$500,000 · First Federal Bank
Dec 19, 2014
$64,040,000
Agi Acquisitions LLC
Health Care Reit INC
Grant Deed
—
Sep 14, 2001
$187,500
Lane Brothers Properties LLC
Beer,daivd W & Vicki J
Grant Deed
$200,000 · First National Bank Nassau
Sep 14, 2001
—
Lane Brothers Properties LLC
Waters,judith R
Quit Claim Deed
related
—
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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