Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Morrison Canyon Rd Lot #4 Fremont, CA 94536

    View on Map
    For Sale
    $1,749,000

    LAND - Fremont, CA

    Lot size:
    30.51 Acres
    Added:
    Nov 3, 2025
    Days on Market:
    149
    Last Refresh:
    Apr 1 at 3:06 pm

    Property Features for Morrison Canyon Rd Lot #4

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    OS
    Standard status
    Active
    APN
    50778114
    Lot size
    30.51 Acres

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Septic Needed
    Water source
    Well

    We can help!

    Listing Contact
    Steve Pierce

    Listing agent Steve Pierce

    Listing office KW Advisors 39465 Paseo Padre Pkwy #1500, Fremont, CA

    Listing date Nov 3, 2025

    MLS# 41116604

    Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fremont Acreage with Bay Views

    This 30.51-acre parcel offers a rare opportunity to build a dream home with views of the South Bay and hillsides. Located in Fremont's foothills, the property provides privacy while remaining close to the Fremont area. Situated within the Gomes/Hopkins/Mission San Jose High School attendance area. Zoned Open Space - Hill (beyond Ridgeline), the property requires a conditional use permit for a new residence, as well as a new well and septic system. Electrical service from PG&E is available. Special financing options are available for land purchase and residential construction.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Fremont
    County
    Alameda
    State
    California
    Longitude
    -121.961508
    Latitude
    37.565958

    Nearby Similar for Sale

    • $1,049,000

      Fremont Land on Mission Blvd

      Prime land in Niles neighborhood with development potential.
      35796 Mission Boulevard, Fremont, CA 94536
      View Details
    • $65,000
      781 SF

      Established Pizza Restaurant in Fremont

      Well-known pizza restaurant with growth potential in a busy corridor.
      41300 Fremont Blvd, Fremont, CA 94538
      View Details
    • $2,200,000

      Fremont Land Parcel For Sale

      Exceptional 1.1-acre parcel in Fremont's Mission San Jose District.
      Tumbleweed CT, Fremont, CA 94539
      View Details
    • $3,998,000

      Fremont Land with Stunning Views

      20+ acre land parcel with versatile use potential.
      2395 Tecado Ter, Fremont, CA 94539
      View Details
    • $250,000
      2,150 SF

      Fremont Commercial Property for Sale

      Commercial property available in Fremont, California, suitable for businesses.
      39060 Fremont BLVD, FREMONT, CA 94538
      View Details
    • $1,399,000

      20 Acre Homesite with Views

      20 acre parcel with views in Fremont foothills.
      Morrison Canyon Rd Lot #2, Fremont, CA 94536
      View Details
    • $7,000,000
      3 SF

      Multi-Tenant Industrial Space Near BART

      32,650 SF multi-tenant industrial space near Warm Springs BART.
      2000-2060 Warm Springs Court, Fremont, CA, 94539
      View Details
    • $700,000
      1,252 SF

      Fremont Commercial Property For Sale

      Turn-key commercial property equipped for health and wellness professionals.
      46560 Fremont Boulevard #412, FREMONT, CA 94538
      View Details
    • $33,550,000
      66,995 SF

      Fremont Auto Mall Dealership Opportunity

      Multi-brand auto dealership in Fremont Auto Mall for sale.
      5601 - 5701 Cushing Pkwy, Fremont, CA 94538
      View Details
    • Contact for pricing
      3,003 SF

      Drive-Thru Restaurant Opportunity

      Rare drive-thru opportunity in a dense, centrally located market.
      37123 Fremont Blvd, Fremont, CA
      View Details
    • $1,049,000
      3,000 SF

      Prime Land in Niles Neighborhood

      Exceptional 11310 sq ft land in a prime location.
      35796 Mission Boulevard, FREMONT, CA 94536
      View Details
    • $988,000
      990 SF

      Fremont Times Square Plaza Condo

      Commercial condo in desirable Fremont Times Square Plaza shopping center.
      46292 Warm Springs Boulevard #614, Fremont, CA 94539
      View Details

    FAQs

    What type of property is this?
    Land - 30.51 acre parcel with views in Fremont foothills.
    Where is this land located?
    The property is located at Morrison Canyon Rd Lot #4 Fremont, CA.
    What is the asking price?
    The asking price for this property is $1,749,000.
    What are key features of this property?
    This property features: Sprawling 30.51 acre parcel offering ultimate privacy.; Magnificent views of the South Bay and hillsides.; Located in the Gomes/Hopkins/Mission San Jose High School attendance area.
    (510) 409-2727
    We can help!
    Listing Contact
    Steve Pierce
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!