Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2100 Oh-53 Fremont, OH 43420
    Back to Search
    Property profile & analytics

    2100 Oh-53, Fremont, OH 43420

    View on Map
    • Land
    • 27.57 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2100 Oh-53

    Lot size
    27.57 lot acres
    Property type
    Land

    Description

    This exceptional 27.57-acre commercial land parcel in Fremont, Ohio, presents a unique investment opportunity. Located at 2100 State Route 53 (APN 34-60-00-0433-00), this property boasts unparalleled access from Sean Drive and Fangboner Road, experiencing over 10,000 vehicles daily. Its prime location within Fremont's commercial epicenter offers a wide array of development possibilities, including retail (strip mall, stand-alone restaurants, big box stores), and potentially high-density residential (subject to rezoning). The property is surrounded by established national retailers such as Walmart, Lowe's, McDonald's, Bob Evans, Verizon, Burger King, Applebee's, Frickers, and more, ensuring high visibility and strong consumer traffic. This is the last undeveloped parcel in this high-traffic area, making it a truly rare find. The seller is open to considering the sale of smaller, subdivided lots. The asking price for this exceptional property is $950,000. Don't miss this chance to secure a prime piece of commercial real estate in a thriving Ohio market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fremont
    County
    Sandusky
    State
    Ohio
    Longitude
    -83.1714
    Latitude
    41.2861

    Comparable in this City

    • Value Estimation by Request
      3.29 Acres

      2091 Cedar St

      Land
      2091 Cedar St, Fremont, OH 43420
      View Details
    • Value Estimation by Request

      Sean Dr

      Land
      0 Sean Dr, Fremont, OH 43420
      View Details
    • Value Estimation by Request
      3.32 Acres

      3660 Oh-53

      Land
      3660 Oh-53, Fremont, OH 43420
      View Details
    • Value Estimation by Request
      0.96 Acres

      2254 Enterprise Dr

      Retail properties & Spaces
      2254 Enterprise Dr, Fremont, OH 43420
      View Details
    • Value Estimation by Request

      County Road 94

      Farms
      0 County Road 94, Helena, OH 43420
      View Details
    • Value Estimation by Request
      0.21 Acres

      304 Frnt St

      COMMERCIAL (GENERAL)
      304 Frnt St, Fremont, OH 43420-2507
      View Details

    Similar Nearby for Sale

    • $49,500

      3.29 Acres of Land

      3.29 acres of land available for sale.
      2091 Cedar St, Fremont, OH 43420
      View Details
    • $850,000
      13.90 Acres

      Fremont Commercial Land Opportunity

      13.9 acres of prime commercial land in Fremont, Ohio.
      2402 N State Route 53, Fremont, OH 43420
      View Details
    • Contact for pricing

      Fremont Commercial Land Opportunity

      Prime commercial land in high-traffic Fremont location.
      2100 Oh-53, Fremont, OH 43420
      View Details
    • Contact for pricing

      Commercial Land Development Opportunity

      3.32 acres of commercially zoned land near Ohio Turnpike.
      3660 Oh-53, Fremont, OH 43420
      View Details
    • Contact for pricing

      Commercial Land Near State Route

      3.45 acres available for sale or lease near SR 53.
      Sean Dr, Fremont, OH 43420
      View Details
    • $1,520,000

      Fremont Commercial Land Opportunity

      27+ acre commercial land parcel in high-traffic Fremont location.
      2400 North State Route 53, Fremont, OH 43420
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Fremont Warehouse and Storage Facility

      Warehouse and storage facility with multiple buildings near Ohio Turnpike.
      1900 Napoleon St, Fremont, OH 43420
      View Details
    • Contact for pricing
      36,165 SF

      Fremont Retail Center For Lease

      Retail spaces available in a busy Fremont shopping center.
      1044 Oak Harbor Rd, Fremont, OH 43420
      View Details
    • Contact for pricing
      41,165 SF

      Fremont Retail Opportunity

      Retail property available for lease in Fremont, Ohio.
      1032 Oak Harbor Rd, Fremont, OH 43420
      View Details
    • Contact for pricing
      7,000 SF

      Retail Space in Liberty Square

      Retail space available in a busy Fremont shopping center.
      2180 Sean Dr, Fremont, OH 43420
      View Details
    • Contact for pricing
      13,200 SF

      Retail Spaces For Lease

      Retail spaces available with strong co-tenants and ample parking.
      1032-1230 Oak Harbor Rd, Fremont, OH 43420
      View Details
    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.
    2100 Oh-53
    Fremont, OH 43420
    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

    Thank You for Inquiry
    2100 Oh-53, Fremont, OH, 43420
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!