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

    40861 Fremont Blvd Fremont, CA 94538

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Freestanding retail building on Fremont Blvd with ample parking.

    Building Details

    Year built
    1968

    We can help!

    Listing Contact
    Fernando Cuebas
    Fernando Cuebas
    Source: Corfac

    Listing Agent: Fernando Cuebas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Fremont Blvd Retail Opportunity

    This freestanding retail building is located along Fremont Boulevard in the Irvington District. The property includes a large pylon sign. Situated on 0.77 acres of land, the building encompasses 9,782 square feet. The zoning is Commercial Town Center with a Transit Orientated Development (TOD) overlay district. The average daily traffic count is 33,388. There is an abundance of parking, with 40 spaces currently available, translating to a ratio of 4 spaces per 1,000 square feet. This property presents a lease, redevelopment, or build-to-suit opportunity. Public transportation is accessible via a bus stop at the site. The current lease expires in April of 2025. The APN is #525-670-16-2.
    Location Intelligence

    Current Use by Public Records

    Firestone Complete Auto ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fremont
    County
    Alameda
    State
    California
    Longitude
    -121.960359
    Latitude
    37.533503

    Nearby Similar for Lease

    • Contact for pricing

      Fremont Flex Space For Lease

      Stand-alone flex space building in Silicon Valley's innovation district.
      42501 Albrae St, Fremont, CA 94538
      View Details
    • Contact for pricing

      Fremont Industrial Building with Yard

      Industrial building with office space, fenced yard, and solar.
      3070 Osgood Ct, Fremont, CA 94539
      View Details
    • Contact for pricing
      26,561 SF

      Medical Office Building in Fremont

      Medical office building in Fremont's downtown area, near hospital and BART.
      39055 Hastings St, Fremont, CA 94538
      View Details
    • Contact for pricing

      Fremont Office/R&D/MFG Space Available

      Office, R&D, and manufacturing space available for lease now.
      41350 Christy St, Fremont, CA 94538
      View Details
    • $2 SF/Yr
      2,600 SF

      Fremont Boulevard Office/R&D/Warehouse Space

      Move-in ready suites in Silicon Valley's premier bayside business park.
      46750 Fremont Blvd, Fremont, CA 94538
      View Details
    • $2 SF/Yr
      3,648 SF

      Fremont Flex Space Available

      Move-in ready office, R&D, and warehouse suites in Fremont, CA.
      4005-4025 Clipper Ct, Fremont, CA 94538
      View Details
    • $2 SF/Yr
      2,438 SF

      Fremont Flex Space Available

      Move-in ready office, R&D, and warehouse suites in Fremont, CA.
      4027-4047 Clipper Ct, Fremont, CA 94538
      View Details
    • $2 SF/Yr
      5,222 SF

      Fremont Flex Space Available

      Move-in ready office, R&D, and warehouse suites for lease.
      4040-4046 Clipper Ct, Fremont, CA 94538
      View Details
    • $1.75 SF/Yr
      16,756 SF

      Fremont Flex Space Available

      Flex space featuring office, lab, and warehouse areas for lease.
      448 Kato Ter, Fremont, CA 94539
      View Details
    • Contact for pricing

      Fremont Warehouse with ESFR System

      Industrial/warehouse space with ESFR system and I-880 access.
      48374 Milmont Dr, Fremont, CA 94538
      View Details
    • Contact for pricing

      Fremont Industrial Submarket Location

      Ideally situated near retail and auto centers with highway access.
      6150 Stewart Ave, Fremont, CA 94538
      View Details
    • $1.36 SF/Yr
      7,500 SF

      Fremont Office Space Available

      Office space available for rent in Fremont, California.
      7100-7150 Stevenson Blvd, Fremont, CA 94538
      View Details

    FAQs

    What type of property is this?
    Retail space - Freestanding retail building on Fremont Blvd with ample parking.
    Where is this retail space located?
    The property is located at 40861 Fremont Blvd Fremont, CA.
    What are key features of this property?
    This property features: - High-traffic location on Fremont Blvd. with ADT of 33,388.; - Large 0.77 AC lot with a 9,782sf building.; - Commercial Town Center zoning with Transit Orientated Development (TOD) overlay.
    (510) 468-3189
    Request Owner's contact information
    40861 Fremont Blvd Fremont, CA 94538
    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.
    40861 Fremont Blvd
    Fremont, CA 94538
    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
    40861 Fremont Blvd Fremont, CA 94538
    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

    We can help!
    Listing Contact
    Fernando Cuebas
    Fernando Cuebas
    Real Estate License ID: 01168597
    (510) 468-3189 (925) 296-3300 (925) 296-3315
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!