648 Broad St Fremont, NE 68025-4933
This exceptional commercial property, located at 648 N. Broad St, Fremont, NE 68025, presents a unique investment opportunity. The 19,664 square foot building, constructed in 1903, features two stories and sits on a fee simple lot. With one unit and sixteen parking spaces, it's ideally suited for a variety of uses, including office, retail, and storage. The property is zoned commercial and located within the downtown business improvement district, which may subject the owner to a special tax assessment. The upper floor may qualify for residential conversion, per local regulations. The building boasts a dry pipe sprinkler system for fire protection. All measurements are approximate, and potential buyers are encouraged to conduct their own due diligence. Please note that the basement square footage is not included in the stated total. A 48-hour first right of refusal is in effect. The asking price is $365,900. The APN is 270002324.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
COMMERCIAL · Fremont, NEFremont. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.