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Fremont Development Opportunity
For Sale
$6,930,000

3275 Capitol Ave, Fremont, CA 94538

Prime Fremont parcel zoned for multifamily or mixed-use development.

Property SizeContact for details
Lot Size0.87 Acres
Days on Market545

Property Features for 3275 Capitol Ave

General Information

Standard status Active
Lot size 0.87 Acres
Property subtype Land
Listing Agency: Allegro
Listed By: Galina Yusupov
Source: Exprealty
Added: Feb 23, 2025 Changed: Jul 6 Last Checked: Aug 22 at 9:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Allegro

Investment Insights

Based on property information with market context.

Located at 3275 Capitol Avenue in Fremont, CA, this vacant parcel presents an investment opportunity. The property is zoned D-CA and D-MD, offering potential for transit-oriented development. Situated in the Fremont Central District, the location is suitable for multifamily or mixed-use projects. The property is located at the intersection of Capitol and Hastings Avenues, across the street from the Fremont City Hall, less than half a mile from Kaiser Permanente Medical Offices and Whole Foods, and 4 minutes from Fremont BART, Trader Joe's, and other amenities. The parcel was previously entitled for a mixed-use project with 44 residential condominiums and 4 commercial units. The parcel map has been subdivided into 45 individual APNs.

Key Highlights

  • Prime location in the thriving Fremont Central District, ideal for transit‑oriented development.
  • Advantageous zoning (D‑CA and D‑MD) allows for multifamily or mixed‑use projects.
  • Previously entitled for a mixed‑use project with 44 residential condominiums and 4 commercial units.

Property Analytics

Current Use

VIP Accident Attorneys ... Law Firm

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Repair Shop Auto Parts Store Electrical Service HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,973
Businesses Nearby

Demographics for 94538, CA

66,424
Population
24,429
Households
2.7
Avg Household Size
36
Median Age
53%
College-Educated
90%
High-School Grad
16.5 sq mi
ZIP Area
4,026
Density / Sq Mi
$144,451
Median Household Income
$76,827
Median Earnings
$2,860
Median Rent
$1,104,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Prime Fremont parcel zoned for multifamily or mixed-use development.
Where is this commercial land located?
The property is located at 3275 Capitol Ave Fremont, CA.
What is the asking price?
The asking price for this property is $6,930,000.
What are key features of this property?
This property features: Prime location in the thriving Fremont Central District, ideal for transit‑oriented development.; Advantageous zoning (D‑CA and D‑MD) allows for multifamily or mixed‑use projects.; Previously entitled for a mixed‑use project with **44 residential condominiums and 4 commercial units**.
More about this property
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