1405 23Rd StFremont, NE 68025

Property Details for 1405 23Rd St

Year built

1977

Lot size

0.35 AC

Property size (Sq ft)

1,992 SF

Zone code

COMMERCIAL

Property type

Office buildings

APN

270023261

APU

270023261

Description

This exceptional single-tenant office building, located at 1405 E 23rd St, Fremont, NE 68025, presents a rare opportunity. Situated on a 0.35-acre lot at the intersection of 23rd Street & Hancock Street, this 1,992 square foot building boasts excellent visibility and high traffic counts. Built in 1977 and renovated in 1992, the property is classified as Class B and features a single story design. The building offers ample parking with 14 spaces available for tenants and visitors. The interior layout includes a spacious reception area, two generously sized offices, a dedicated conference room, and substantial storage space. The zoning is General Commercial, and the APN is 270023261. Annual property taxes are $3.23 per square foot. This property is ideal for a business seeking a well-maintained, conveniently located office space with high visibility and ample parking. The property's strategic location ensures easy access and high traffic volume, making it an attractive option for a variety of businesses. Don't miss this chance to secure a prime commercial space in a thriving Fremont neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $396,133

  6.5%

  $365,661

  7%

  $339,542

• Comparable approach

  Method

  Valuation

  Relative Method

  $101,672

  Geo Method

  $101,672

• Alternative Use

  Use

  Valuation

  Residential

  $453,420

  Hospitality

  $415,330

  Educational

  $345,550

  Medical

  $357,434

  Retail

  $537,522

Location Insight

City

Fremont

County

Dodge

State

Nebraska

Latitude

41.4511

Longitude

-96.4799

CBSA code

23340

CBSA name

FREMONT, NE MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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