Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3351 24Th St Fremont, NE 68025

    • Strip malls
    • 18,544 SF
    • 1.87 lot acres
    For Lease
    View listing
    Value Estimations
    $655,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US57-0751924
    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

    • Cobalt Credit Union / Credit Union
    • Selectel Wireless / Mobile Phone Store / Electronics & Wireless Store
    • Kure CBD & Vape / (Bike/Boat/Book/etc) Store
    • Shopko Optical / Optometrist / Sunglasses Store
    • Amazon Hub Counter - Selectel Wireless / Postal Service / Courier Service

    Property Details for 3351 24Th St

    Year built
    2013
    Lot size
    1.87 lot acres
    Property size
    18,544 SF
    Zone code
    COMMERCIAL
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    270138436
    APU
    270138436

    Description

    This exceptional retail opportunity, the Shoppes of Fremont, presents three available spaces ranging from 1,324 to 4,160 square feet. Located at 3351 24th Street in Fremont, Nebraska (zip code 68025), this single-story, 2013-built property boasts a highly visible position on Highway 30, providing direct access to Highway 275. The property sits at the first lighted intersection off these major highways, ensuring excellent visibility and accessibility for customers. The 1.87-acre site offers ample parking with 50 spaces available. The building is zoned 03 and is part of the Fremont submarket cluster. This established retail center benefits from its proximity to major national and regional retailers, including Menards, Walmart, Hobby Lobby, and Harbor Freight, creating a synergistic environment and attracting a substantial customer base. The property's multiple tenancy structure offers flexibility for a variety of retail businesses. This is an ideal location for businesses seeking high visibility and convenient access to a thriving community. The property features one building with no elevators. Serious inquiries are encouraged to explore this exceptional retail investment opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $425,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $889,000
      Market price range: $353k - $889k

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $660,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Fremont
    County
    Dodge
    State
    Nebraska
    Longitude
    -96.4545
    Latitude
    41.452
    CBSA code
    23340
    CBSA name
    FREMONT, NE 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
    $52,095
    $483,943
    $2,600,470
    $3,084,413
    -
    $483,943
    $2,600,470
    $3,084,413

    Comparable in this City

    • Value Estimation by Request
      9,034 SF

      1220 23rd St

      SHOPPING CENTER, STRIP CENTER • 9,034 SF
      1220 23rd St, Fremont, NE 68025-2458
      View Details
    • Value Estimation by Request
      11,568 SF

      1416-1420 23rd St

      SHOPPING CENTER, STRIP CENTER • 11,568 SF
      1416-1420 23rd St, Fremont, NE 68025
      View Details
    • Value Estimation by Request
      3,852 SF

      224 Main St

      SHOPPING CENTER, STRIP CENTER • 3,852 SF
      224 Main St, Fremont, NE 68025-5693
      View Details
    • Value Estimation
      $1,230,000
      48,132 SF

      1031 23rd St, Unit 1041

      SHOPPING CENTER, STRIP CENTER • 48,132 SF
      1031 23rd St, Fremont, NE 68025-2448
      View Details
    • Value Estimation by Request
      15,406 SF

      240 5th St

      SHOPPING CENTER, STRIP CENTER • 15,406 SF
      240 5th St, Fremont, NE 68025-5024
      View Details
    • Value Estimation by Request
      9,800 SF

      23 6th St, Unit 35

      SHOPPING CENTER, STRIP CENTER • 9,800 SF
      23 6th St, Fremont, NE 68025-4955
      View Details

    Similar Nearby for Sale

    • $297,000

      Retail, Shop, and Home Parcel

      Unique property with retail, shop, and remodeled residential home.
      231 E 3Rd St, Fremont, NE 68025
      View Details
    • $575,000

      Prime Fremont Agricultural Land

      11.83 Acres, $575,000
      2820 County Road 20, Fremont, NE 68025
      View Details
    • $195,000
      0.60 Acres

      Residential Lot Backing to Lake

      Over 1/2 acre residential lot with lake access.
      2955 E 34 Ct, Fremont, NE 68025
      View Details
    • $195,000
      0.62 Acres

      Residential Lot Backing to Lake

      Over 1/2 acre lot ready for your dream home.
      2810 E 34 Ct, Fremont, NE 68025
      View Details
    • $235,000
      0.98 Acres

      Residential Lot Near Spring-Fed Lake

      Residential lot near spring-fed lake, utilities on-site, ready to build.
      3058 E 34 Ct, Fremont, NE 68025
      View Details
    • $649,000
      35.27 Acres

      Land Near Rawhide Creek

      Land parcel near Rawhide Creek, 35 minutes from Omaha.
      County Road 18, Fremont, NE 68025
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,984 SF

      Fremont Retail Center - 3 Spaces Available

      High-traffic retail spaces in prime Fremont location.
      3351 24Th St, Fremont, NE 68025
      View Details
    • $2 SF/Yr
      50,332 SF

      Fremont Mall: Retail Redevelopment Opportunity

      High-traffic retail space, 9 units available.
      860 23Rd St, Fremont, NE 68025
      View Details
    • $15 SF/Yr
      990 SF

      Fremont Retail Space Available

      Retail space available for lease in Fremont, Nebraska.
      840-1050 E 23Rd St, Fremont, NE 68025
      View Details
    • $8 SF/Yr
      21,696 SF

      Downtown Fremont Office Space

      Historic building, renovated 2023, 21,696 sq ft
      635 Main St, Fremont, NE 68025
      View Details
    • Contact for pricing
      6,000 SF

      Commercial/Retail Space For Rent

      Commercial/retail space available with outdoor storage and potential design.
      2050 E 23Rd Ave N, Fremont, NE 68025
      View Details
    • Contact for pricing
      148,104 SF

      Fremont Retail Lots - Prime Location

      Two buildable lots, high traffic area.
      0 23Rd St, Fremont, NE 68025
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3351 24Th St
    Fremont, NE 68025
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.