Technical
Financial
Distress signals
Property profile

930 2nd St Dodge, NE 68633

OFF-MARKET
Assisted living facilities
Property ID
US57-0563174
30,770 SF 2.23 ac lot Built 1967
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 2.24-acre commercial land parcel in Dodge, Nebraska, presents a compelling redevelopment opportunity. The property, located at 930 2nd St, Dodge, NE 68633, encompasses a substantial 31,794 square feet and is currently vacant. Previously utilized as a 36-unit retirement community with 50 beds, the site offers significant potential for various projects. The single-story, 1967-built structure presents a blank canvas for adaptive reuse or complete demolition and new construction. Given the high daily commuter traffic in the area (over 500 people), the property is ideally situated to capitalize on the local housing demand. Potential uses include multifamily housing development, or the construction of essential services such as a grocery store, gas station, or convenience store. Its convenient location near local amenities, schools, and a strong workforce makes it an attractive investment for developers seeking to leverage the region's growth and investment potential. The property's Class B designation reflects its current condition, offering an opportunity for significant value enhancement through redevelopment. This is a rare chance to acquire a large, well-located parcel in a growing Nebraska community.

Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1967
Total area 30,770 SF
Lot 2.23 ac (97,139 SF)
Zoning code COMMERCIAL
APN 270079261
UPID US57-0563174

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
  • Nursing Home
  • Employment Agency
  • Medical Clinic
  • Physician
  • Medical Clinic

Location

930 2nd St Dodge, NE 68633-3555
Dodge metro Census 963600 FREMONT, NE MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$525k

Owner & transaction history

Zoning & alternative use

COMMERCIAL · Dodge, NE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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