930 2Nd StDodge, NE 68633

Property Details for 930 2Nd St

Year built

1967

Lot size

2.23 AC

Property size (Sq ft)

30,770 SF

Zone code

COMMERCIAL

Property type

Assisted living facilities

Property subtype

Retirement homes

APN

270079261

APU

270079261

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $5,988,569

  6.5%

  $5,527,910

  7%

  $5,133,059

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,806,076

  Geo Method

  $1,806,076

• Alternative Use

  Use

  Valuation

  Residential

  $7,012,387

  Hospitality

  $6,423,308

  Educational

  $5,344,118

  Medical

  $5,527,910

  Retail

  $8,313,072

Location Insight

City

Dodge

County

Dodge

State

Nebraska

Latitude

41.7206

Longitude

-96.8756

CBSA code

23340

CBSA name

FREMONT, NE MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].