40861 Fremont BlvdFremont, CA 94538

Property Details for 40861 Fremont Blvd

Year built

1968

Construction

TILT-UP CONCRETE

Lot size

0.78 AC

Property size (Sq ft)

8,165 SF

Property type

Retail properties

Property subtype

Auto shops

APN

525-670-16-2

APU

525670162

Description

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.

• 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

Property Tax & Assessments

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