This exceptional freestanding retail property, located at 40861 Fremont Boulevard in Fremont, California, offers 9,782 square feet of vacant space on a 0.77-acre lot. The property is zoned for Transit Orientated Development (TOD), presenting significant opportunities for businesses seeking high visibility and convenient access. The single-tenant building provides ample space for a variety of retail uses. With a total of 40 parking spaces (a ratio of 4 per 1,000 square feet), customer and employee parking is readily available. The property's Alameda County location, specifically within the 94538 zip code, offers excellent access to major transportation routes and a thriving consumer base. The property's parcel number is 525-670-16-2. This is a rare opportunity to secure a substantial retail space in a desirable location with excellent parking and convenient access. The entire building is currently available for lease. Interested parties are encouraged to inquire for further details and leasing information.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$4,606,334
6.5%
$4,252,000
7%
$3,948,286
Comparable approach
Method
Valuation
Relative Method
$5,738,796
Geo Method
$5,738,796
Alternative Use
Use
Valuation
Residential
$3,586,722
Hospitality
$3,285,418
Educational
$2,733,429
Medical
$2,827,436
Retail
$4,252,000
Location Insight
City
Fremont
County
Alameda
State
California
Latitude
37.5338
Longitude
-121.962
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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