140 22nd St Fremont, NE 68025-2667
- Medical offices
- 2,452 SF
- 0.35 lot acres
Current Use by Public Records
- Richard Coke, DDS / Dentist / Cosmetic Dentist
- David Hull / Dentist
- Chad Mcclellan / Dentist
- Dr. Charles Skoglund / Dentist
- Kelly Tawaphan, DDS / Dentist
Property Details for 140 22nd St
- Year built
- 1972
- Lot size
- 0.35 lot acres
- Property size
- 2,452 SF
- Zone code
- COMMERCIAL
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 270044478
- APU
- 270044478
Description
This 2,540-square-foot, single-story office building in Fremont, Nebraska, presents a compelling value-add opportunity for owner-occupiers or investors. Located at 140 E 22nd St, 68025, this Class B property sits on a 14,915-square-foot lot and boasts high visibility from Hwy 30/23rd Street. Built in 1972, the building is currently vacant but features a previously occupied 1,588-square-foot dental office space with five exam rooms, a consultation office, administrative office, supply room, reception area, and ADA-compliant restroom. This space is nearly move-in ready for a medical professional or could be easily adapted for other office uses. An additional 952 square feet of unfinished space (28' x 34') offers significant expansion potential, either for the existing space or as a separate rental unit. The building's dual front and rear entrances facilitate this flexibility. The asking price is $400,000, translating to $157.48 per square foot. The property is zoned UR and offers fee simple ownership. This versatile property is ideal for a variety of office uses and presents a strong return on investment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $275,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $335,000
- 6.5%
- $320,000
- 7%
- $330,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $315,000
- Geo Method
- $340,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $385,000
- Retail
- $335,000
- Mixed-Use
- $380,000
- Hospitality
- $365,000
- Educational
- $315,000
- Residential Income
- $290,000
- Energy
- $360,000
- Income-Based Land
- $385,000
- Food Service
- $285,000
Location Insight
- Map
- Local Demand
- City
- Fremont
- County
- Dodge
- State
- Nebraska
- Longitude
- -96.4954
- Latitude
- 41.4508
- CBSA code
- 23340
- CBSA name
- FREMONT, NE MICROPOLITAN STATISTICAL AREA