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Property profile & analytics

2020 State St Fremont, OH 43420-1554

  • Drug stores
  • 11,208 SF
  • 1.33 lot acres
OFF-MARKET
Value Estimations
$875,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US66-3072288
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

  • Jeffrey P. Jones Jr, RPH / Pharmacy
  • Diane K. Lindenberger, RPH / Pharmacy
  • higi / Health Consultant
  • Coinhub Bitcoin ATM Teller / Atm
  • Rite Aid Pharmacy / Pharmacy

Property Details for 2020 State St

Year built
1997
Lot size
1.33 lot acres
Property size
11,208 SF
Property type
Drug stores
APN
34-60-00-0316-01
APU
346000031601

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $740,000
    6.5%
    $685,000
    7%
    $635,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,186,000
    Market price range: $319k - $1.19M
    AI Estimate
    $1,204,000
    Market price range: $383k - $1.20M
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $715,000
    Current use
    OFFICE BUILDING
    $785,000
    Change: +10% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Fremont
County
Sandusky
State
Ohio
Longitude
-83.1373
Latitude
41.3576
CBSA code
23380
CBSA name
FREMONT, OH 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
$21,742
$182,180
$276,290
$458,470
-
$520,500
$789,400
$1,309,900
More about this property
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