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Property profile & analytics
OFF-MARKET
Industrial properties

44850 Grimmer Blvd 5C Fremont, CA 94538-6333

1,296 SF 1.68 ac lot Built 1982
Individually Owned 3-yr Hold Free & Clear
Property ID
US09-7791030
Property summary
AI-generated overview

This exceptional 1,350-square-foot single-tenant retail condo in Fremont, California, presents a unique investment opportunity. Located at 44850 S Grimmer Blvd, 94538, this property is ideally suited for a variety of uses, including medical spas, beauty salons, hair and nail salons, and laser hair removal clinics. The building is a one-story structure, offering convenient access and ample space. Its prime location within a burgeoning residential area, surrounded by new homes, condos, and townhouses, ensures a readily available client base. The property benefits from convenient street parking and additional parking within the complex. Furthermore, the significant advantage of pre-approved city permits for the intended uses streamlines the setup process for new businesses. This turnkey solution minimizes initial hurdles and allows for a rapid commencement of operations. The flexible space allows for customization to suit specific business needs, making it an attractive proposition for entrepreneurs seeking a well-located and established commercial space. This is a rare opportunity to acquire a retail condo in a high-growth area with significant potential for success.

Property profile
Verified
Property type Industrial properties
Use group CONDOMINIUMS (INDUSTRIAL)
Year built 1982
Construction TILT-UP CONCRETE
Total area 1,296 SF
Lot 1.68 ac (73,019 SF)
APN 519-900-32
UPID US09-7791030
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • BABE Body And Beyond Aesthetics Spa & Massage Center Alternative Medicine Practice
  • Nikki's Beautique Medical Clinic Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Anamika Sharma · 3 yrs held
Anamika Sharma
since 2022
Last sale
$310,000
7 recorded transactions
2022
Price N/A
2021
Price N/A
2014
Price N/A
2014
$310,000
2009
Price N/A
2005
$255,000
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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