409 Main StFremont, NE 68025
- Retail properties
- 800 SF
Property Details for 409 Main St
- Year built
- 1940
- Lot size
- 0.05 AC
- Property size (Sq ft)
- 800 SF
- Zone code
- INDUSTRIAL
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 270057029
- APU
- 270057029
Description
This 800-square-foot industrial flex space, located at 409 S Main St, Fremont, NE 68025, is available for lease. The single-story building, constructed in 1940 and renovated in 2021, features a 10-foot ceiling height, one grade-level electric roll-up door, and a side driveway for convenient loading and unloading. The property includes seven parking spaces and boasts 125 amps of 120/240 1P 3W power. Modern updates include LED lighting, a renovated bathroom, and energy-efficient windows, doors, and water heater. Situated on a 0.05-acre lot, this Class C property is zoned CI and offers excellent visibility on a high-traffic main street. The modified gross lease rate includes water, sewer, taxes, and building insurance. Its central location in a growing community with a combined population exceeding 31,000 provides access to a large potential customer base. The versatile space is ideal for various uses, including storage, workshops, small businesses, or even event venues. This property presents a unique opportunity for businesses seeking a functional and updated space in a prime Fremont location.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $233,942
- 6.5%
- $215,946
- 7%
- $200,521
-
Comparable approach
- Method
- Valuation
- Relative Method
- $102,897
- Geo Method
- $102,897
-
Alternative Use
- Use
- Valuation
- Residential
- $182,159
- Hospitality
- $166,856
- Educational
- $138,823
- Medical
- $143,597
- Retail
- $215,946
Location Insight
- City
- Fremont
- County
- Dodge
- State
- Nebraska
- Latitude
- 41.4268
- Longitude
- -96.4968
- CBSA code
- 23340
- CBSA name
- FREMONT, NE MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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