Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3351 24th St Fremont, NE 68025

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space with highway access near major retailers.

    Type:Retail
    Added:
    Jan 5, 2021
    Days on Market:
    1929
    Last Refresh:
    Mar 17 at 1:17 pm

    Property Features for 3351 24th St

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Building Details

    Year Built
    2013

    Spaces For Lease

    at 3351 24th St Contact us

    We can help!

    Listing Contact
    Brett Heimes

    Listing agent Brett Heimes License #NE 20050415

    Listing office DP Management, LLC

    Listing date Jan 5, 2021

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of DP Management, LLC

    Overview

    Retail Space on Highway 30

    This retail space is positioned on Highway 30, providing access into Iowa, and direct access to Highway 275. It is located at the first lighted intersection off major highways, joining national and regional retailers such as Menards, Walmart, Hobby Lobby, and Harbor Freight.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cobalt Credit Union Credit Union Selectel Wireless Mobile Phone Store Kure CBD & Vape (Bike/Boat/Book/etc) Store Shopko Optical Eye Care Center Amazon Hub Counter ... Postal Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fremont
    County
    Dodge
    State
    Nebraska
    Longitude
    -96.5372
    Latitude
    41.4752

    Nearby Similar for Lease

    • $7/mo

      Showroom/Warehouse with Highway Access

      18,787 SF showroom/warehouse on 2.98 acres near Highway 30.
      3701 W Hwy 30, Fremont, NE 68025
      View Details
    • $18/mo

      Turn-Key Medical Office Building

      Medical office space near Methodist Hospital in Fremont, Nebraska.
      2660 Healthy Way, Fremont, NE 68025
      View Details
    • Contact for pricing

      Downtown Fremont Office Space Available

      Office space with private offices and waiting room for rent.
      33 W 4th St, Fremont, NE
      View Details
    • Contact for pricing

      Updated Office Space Available

      Recently updated office space featuring open floorplan and kitchenette.
      1735 E Military Ave, Fremont, NE
      View Details
    • Contact for pricing

      Renovated Office Space Available Soon

      Recently renovated office space featuring four offices and a break room.
      1750 W. 23rd St, Fremont, NE
      View Details
    • Contact for pricing

      Warehouse and Office Space Available

      Warehouse and office space with outdoor area, easy highway access.
      3203 N C St, Fremont, NE
      View Details
    • $5/mo

      Fremont Industrial Warehouse For Lease

      Industrial warehouse for lease in Fremont, Nebraska, with office space.
      1577 N Airport Road, Fremont, NE 68025
      View Details
    • Contact for pricing

      Fremont Industrial Space Available

      Industrial spaces available, perfect for distribution, with fenced storage.
      515 South Main Street, Fremont, NE, 68025
      View Details
    • $13/mo

      Remodeled Space in Downtown Fremont

      Former restaurant space in desirable downtown Fremont business district.
      23-35 W 6th St, Fremont, NE
      View Details
    • $15/mo

      Fremont Warehouse Space Available

      Up to 12,000 SF warehouse space for rent.
      1123 Hills Rd, Fremont, NE
      View Details
    • Contact for pricing

      Commercial/Retail Space For Rent

      Commercial/retail space available with outdoor storage and potential design.
      2050 E 23rd Ave N, Fremont, NE
      View Details
    • $15/mo

      Fremont Retail Space Available

      Retail space available for lease in Fremont, Nebraska.
      840-1050 E 23rd St, Fremont, NE
      View Details

    FAQs

    What type of property is this?
    Retail property - Retail space with highway access near major retailers.
    Where is this retail property located?
    The property is located at 3351 24th St Fremont, NE.
    What are key features of this property?
    This property features: Located at the first lighted intersection off major highways (HWY 30 & HWY 275).; Direct access to HWY 275.; Positioned on HWY 30 leading into Iowa.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Brett Heimes
    Real Estate License ID: NE 20050415
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!