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    Property profile & analytics

    138 N Cumberland St Fremont, IA 52537

    • Warehouses
    • 6,400 SF
    • 0.39 lot acres
    For Sale
    View listing
    $189,000
    Value Estimation
    Last Sale
    Jan 22, 2024
    $175,000
    Location Intelligence
    Property ID
    US25-1880131
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 138 N Cumberland St

    Year built
    1996
    Construction
    FRAME
    Lot size
    0.39 lot acres
    Property size
    6,400 SF
    Property type
    Warehouses
    APN
    1614262009
    APU
    1614262009

    Description

    This exceptional commercial property in Fremont, Iowa, presents a compelling investment opportunity. Located on Highway 23, near Casey's General Store, this 0.39-acre lot (APN 1614262009) boasts a prime location within Mahaska County. The property comprises two buildings: a 30' x 100' mini-storage facility with 20 (10' x 15') units, 17 of which are currently leased month-to-month, and a 60' x 100' post-frame warehouse with 16' sidewalls and two 14' overhead doors. The warehouse currently houses 16 tenants under annual leases expiring November 1st, 2024. Both buildings offer ample parking. The mini-storage units feature manually operated overhead doors. The property is zoned commercial, allowing for diverse future uses beyond self-storage. Built in 1992 (mini-storage) and 1996 (warehouse), this established business offers immediate cash flow and significant upside potential through lease renewals and marketing. The asking price is $205,000. This property is ideal for investors seeking immediate return and long-term growth in a thriving Iowa community. The address is 138 N Cumberland St, Fremont, IA 52561.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $175,000

    • CAP approach

      CAP return
      Estimation
      6%
      $155,000
      6.5%
      $150,000
      7%
      $140,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $155,000
      Geo Method
      $155,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $135,000
      Retail
      $150,000
      Mixed-Use
      $150,000
      Hospitality
      $145,000
      Educational
      $170,000
      Residential Income
      $180,000
      Energy
      $135,000
      Income-Based Land
      $140,000
      Food Service
      $170,000

    Location Insight

    • Map
    • Local Demand
    City
    Fremont
    County
    Mahaska
    State
    Iowa
    Longitude
    -92.4348
    Latitude
    41.2129
    CBSA code
    36820
    CBSA name
    OSKALOOSA, IA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,292
    $12,390
    $76,520
    $88,910
    -
    $12,390
    $76,520
    $88,910

    Comparable in this City

    • Value Estimation by Request
      940 SF

      326 Cumberland St

      WAREHOUSE, STORAGE • 940 SF
      326 Cumberland St, Fremont, IA 52561
      View Details
    • Value Estimation by Request
      2,520 SF

      122 Pne St

      WAREHOUSE, STORAGE • 2,520 SF
      122 Pne St, Fremont, IA 52561-9771
      View Details
    • Value Estimation by Request
      8,100 SF

      Fremont, IA 52561

      WAREHOUSE, STORAGE • 8,100 SF
      Fremont, IA 52561
      View Details
    • Value Estimation by Request
      4,928 SF

      32035 120th Ave

      WAREHOUSE, STORAGE • 4,928 SF
      32035 120th Ave, Fremont, IA 52561-8703
      View Details
    • Value Estimation by Request
      3,760 SF

      325 Cumberland St

      WAREHOUSE, STORAGE • 3,760 SF
      325 Cumberland St, Fremont, IA 52561
      View Details
    • Value Estimation
      $305,000
      9,156 SF

      400 Main St

      WAREHOUSE, STORAGE • 9,156 SF
      400 Main St, Fremont, IA 52561-9705
      View Details
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    138 N Cumberland St
    Fremont, IA 52537
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    Realmo Value Estimation

    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.

    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.

    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
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