Entity Owned 
For Sale
Contact for pricing
3008 Morningside Rd, Fremont, NE 68025
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Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2018
Total area
13,628 SF
Lot
6.93 ac (301,871 SF)
Zoning code
INDUSTRIAL
APN
270139049
UPID
US57-0665547
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Construction Company Plumbing Service
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$1.34M
Owner & transaction history
Zoning & alternative use
INDUSTRIAL · Fremont, NE
Top alternative use upside
Office building
$1.6M
+91.4%
Restaurant
$1.4M
+66.1%
Commercial (general)
$1.4M
+64.5%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
8 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.34M
Value range
$1.20M – $1.47M
±10% around blend
Estimated value / SF
$98 / SF
Confidence
Property data
100
Comparable evidence
60
Income certainty
100
$1.20M
blend $1.34M
$1.47M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
13,628 SF
Lot area
6.93 ac
Year built
2018
Stories
1
APN
270139049
Zoning
INDUSTRIAL
Assessed value
$1,001,199
Annual tax
$16,910
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$16,910
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.11M
Range $391k – $1.32M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.34M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+91%
vs current-use indication
Restaurant
Commercial (general)
Apartment House (5+ Units)
Auto Repair, Garage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
Selected market yield
8.65%
Selected cap rate for this retail space
Derived from the Fremont market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.65%
9.0%
NOI (est.)
$414k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.79M
Move the market yield to see immediate price impact.
Value / SF
$351
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
8.15%8.65%9.15%
$373k
$4.57M
$4.31M
$4.07M
$414k
$5.08M
$4.79M
$4.53M
$456k
$5.59M
$5.27M
$4.98M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$16,910
Tax year 2023
Assessed value
$1,001,199
Assessed 2023
Previous assessed
$1,001,199
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$164,124
Assessed improvement
$837,075
Land market value
$164,124
Improvement market value
$837,075
Total market value
$1,001,199
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
2018
Buildings
2
Stories
1
Total area
13,628 SF
Lot
6.93 ac (301,871 SF)
Zoning code
INDUSTRIAL
APN
270139049
UPID
US57-0665547
Jurisdiction
DODGE
Zoning & alternative use
INDUSTRIAL · Fremont, NEZoning INDUSTRIAL · permitted uses
INDUSTRIAL · Fremont, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2018
Stories
1
Buildings
2
Lot
6.93 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
INDUSTRIAL
Jurisdiction
Fremont, NE
Recorded code
INDUSTRIAL
Ownership Intelligence
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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