This exceptional 900-square-foot retail space is ideally situated at 37981 Niles Boulevard in Fremont, California, 94536. The property boasts a single-tenant occupancy, offering a blank canvas for a variety of commercial ventures. Built in 1984, the building sits on a sizable 0.52-acre lot, providing ample space and potential for outdoor displays or expansion. The property features 19 parking spaces, ensuring convenient access for customers and employees. The zoning designation is Commercial General with Historical Overlay (CG HOD), offering flexibility within the established historical context of the area. Located in Alameda County, this property benefits from excellent visibility and accessibility, making it an attractive opportunity for businesses seeking a high-traffic location. The entire 900 square feet is currently vacant, presenting a unique chance to customize the space to perfectly suit your business needs. This is a rare opportunity to establish a presence in a thriving Fremont commercial district. The property's size and location make it suitable for a wide range of retail uses, from boutiques and cafes to service-oriented businesses. The ample parking further enhances its appeal to potential customers. Don't miss this chance to secure a prime retail location in a desirable area.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$3,108,500
6.5%
$2,869,384
7%
$2,664,428
Comparable approach
Method
Valuation
Relative Method
$3,872,721
Geo Method
$3,872,721
Alternative Use
Use
Valuation
Residential
$2,420,433
Hospitality
$2,217,104
Educational
$1,844,604
Medical
$1,908,043
Retail
$2,869,384
Location Insight
City
Fremont
County
Alameda
State
California
Latitude
37.576
Longitude
-121.972
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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