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Property profile & analytics
OFF-MARKET Estimated value $1,175,000
Drug stores

2020 State St Fremont, OH 43420-1554

11,208 SF 1.33 ac lot Built 1997
Entity Owned ~ Est. High Equity
Property ID
US66-3072288
Property summary
AI-generated overview

This exceptional 11,211-square-foot freestanding retail building presents a unique investment opportunity in Fremont, Ohio. Located at 2020 W State St, this single-tenant property sits on a generous 1.33-acre lot, offering ample space and excellent visibility. Built in 1997, the Class B building boasts 55 parking spaces, ensuring convenient access for customers. The property benefits from a prime location at a signalized intersection with Oak Harbor Road, guaranteeing high traffic counts and exceptional exposure. The zoning is B-2 General Commercial, providing flexibility for a variety of retail uses. The entire 11,211 square feet is currently vacant, presenting a blank canvas for a new tenant or owner-occupier. The property's prominent pylon signage further enhances its visibility and marketing potential. With its substantial size, convenient parking, and high-traffic location, this property is ideally suited for a variety of retail businesses seeking a strong presence in the Fremont market. The property's APN is 34-60-00-0316-01 and is located in Sandusky County, Ohio, zip code 43420. This is a rare opportunity to acquire a well-positioned, freestanding retail building with significant potential.

Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 1997
Total area 11,208 SF
Lot 1.33 ac (57,835 SF)
APN 34-60-00-0316-01
UPID US66-3072288
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jeffrey P. Jones Jr, RPH Pharmacy
  • Diane K. Lindenberger, RPH Pharmacy
  • higi Physician
  • Coinhub Bitcoin ATM Teller Atm
  • Rite Aid Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.19M
Blend (final) Blend
$1.18M
Owner & transaction history
Clearview Investments LLC
Clearview Investments LLC
since 2025
Last sale
$1.2M
2 recorded transactions
2025
$1.2M
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $785,000 +9.6%
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