Single-Level Assisted Living
For Sale
Contact for pricing
437 JEFFERSON RD, Fremont, NE 68025
Established care-facility layout with private rooms, common areas, offices, and adaptable interior space.
Property Size5,073 SF
Price / SF$197.12
Days on Market56
Property Features for 437 JEFFERSON RD
General Information
Standard status
Active
Size
5,073 SF
Class
C
Property subtype
Multifamily
Zoning
R-3
Investment Type
Owner/User
Building Details
Year Built
1998
Stories
1
Units
6
Listing Agency:
Murphy Business & Financial Services
Listed By:
Trent Fuller · License #NE
Source:
Crexi
Added: Jul 7
Changed: Aug 31
Last Checked: Aug 31 at 2:11AM
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 Murphy Business & Financial Services
Investment Insights
Based on property information with market context.
Built in 1998, this single-level specialty commercial building formerly operated as a residential care facility. The interior includes multiple private rooms, expansive common areas, office space, commercial-grade infrastructure, and a flexible floor plan suited to its established institutional configuration.
The property is located in Fremont with access to major thoroughfares. Its existing arrangement provides a substantial framework for continued care-related use or other professional, healthcare, educational, nonprofit, or specialty commercial applications, subject to zoning and local approvals.
The property is located in Fremont with access to major thoroughfares. Its existing arrangement provides a substantial framework for continued care-related use or other professional, healthcare, educational, nonprofit, or specialty commercial applications, subject to zoning and local approvals.
Key Highlights
- Single‑level building constructed in 1998
- Former residential care facility with an established institutional layout
- Multiple private rooms and expansive common areas
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$57,615
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,152,300
$1.2M
Cap Rate 7%
$823,071
$823.1K
Cap Rate 9%
$640,167
$640.2K
Market Conditions
NOI Build-Up for 5,073 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$109.6K $21.60/SF
− Vacancy
−$4.8K −$0.95/SF
EGI
$104.8K $20.65/SF
− OpEx
−$47.1K −$9.29/SF
NOI
$57.6K $11.36/SF
Area
Dodge County, NE
Vacancy
4.40%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,152,300
Cap Rate 7%
$823,071
Cap Rate 9%
$640,167
Alternative Uses
Best Use
Apartment 5plus
$823.1K
$720.2K – $960.3K
NOI $57,615 @ 7.0% cap · market cap 5.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,296 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
221
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 68025, NE
31,301
Population
14,017
Households
2.2
Avg Household Size
38
Median Age
22%
College-Educated
89%
High-School Grad
124.0 sq mi
ZIP Area
252
Density / Sq Mi
$69,467
Median Household Income
$41,546
Median Earnings
$1,005
Median Rent
$201,900
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Assisted living facility - Established care-facility layout with private rooms, common areas, offices, and adaptable interior space.
Where is this assisted living facility located?
The property is located at 437 JEFFERSON RD Fremont, NE.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Single‑level building constructed in 1998; Former residential care facility with an established institutional layout; Multiple private rooms and expansive common areas
