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Assisted Living Facility with Kitchen
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749 E 32nd St, Fremont, NE 68025

Commercially zoned care facility with a furnished interior and full commercial kitchen.

Property Size10,000 SF
Price / SF$250
Days on Market395

Property Features for 749 E 32nd St

General Information

Standard status Active
Size 10,000 SF
Class B
Property subtype Hospitality, Office, Senior Living
Zoning Commercial
Investment Type Owner/User

Additional Details

Furnished Yes

Amenities

commercial kitchen

Building Details

Year Built 2012
Buildings 1
Stories 1
Listing Agency: Lamb Commercial
Listed By: Mark Lamb · License #NE - 20070886
Source: Crexi
Added: Sep 16, 2025 Changed: Oct 11 Last Checked: Oct 12 at 5:19PM

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 Lamb Commercial

Investment Insights

Based on property information with market context.

Built in 2012, this 10,000-square-foot assisted living facility is configured for care-related use and includes furnishings suited to that operation. A full commercial kitchen is part of the existing improvements, supporting the property’s established facility layout.

The site is zoned Commercial and includes additional land identified for development of a second 10,000-square-foot building. The existing structure may also be adapted for daycare or office use, subject to applicable requirements.

Key Highlights

  • 10,000‑square‑foot assisted living facility built in 2012
  • Full commercial kitchen included
  • Furnished for assisted living use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$113,573
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,271,460 $2.3M
Cap Rate 7%
$1,622,471 $1.6M
Cap Rate 9%
$1,261,922 $1.3M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$216.0K $21.60/SF
− Vacancy
−$9.5K −$0.95/SF
EGI
$206.5K $20.65/SF
− OpEx
−$92.9K −$9.29/SF
NOI
$113.6K $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 Rate 5%
$2,271,460
Cap Rate 7%
$1,622,471
Cap Rate 9%
$1,261,922

Alternative Uses

Best Use
Apartment 5plus
$1.62M
$1.42M – $1.89M (±1% cap)
NOI $113,573 @ 7.0% cap · market cap 4.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.68M
$2.35M – $3.13M (±1% cap)
NOI $187,849 @ 7.0% cap · market cap 7.51%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Providence Place of Fremont Nursing Home Providence Living Nursing Home

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Big Box & Wholesale Store Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

652
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Assisted living facility - Commercially zoned care facility with a furnished interior and full commercial kitchen.
Where is this assisted living facility located?
The property is located at 749 E 32nd St Fremont, NE.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 10,000‑square‑foot assisted living facility built in 2012; Full commercial kitchen included; Furnished for assisted living use
More about this property
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