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

    2000-2060 Warm Springs Court Fremont, CA 94539

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $7,000,000

    32,650 SF multi-tenant industrial space near Warm Springs BART.

    Type:Industrial
    Property size:
    3 SF
    Added:
    Mar 25, 2026
    Days on Market:
    10
    Last Refresh:
    Mar 18 at 9:44 am

    Property Features for 2000-2060 Warm Springs Court

    General Information

    Standard status
    Active
    Size
    3 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Brian Matteoni
    Brian Matteoni

    Listing agent Brian Matteoni License #00917296

    Listing office CBRE | San Jose

    Listing date Mar 25, 2026

    Source Cbre

    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 CBRE | San Jose

    Overview

    Multi-Tenant Industrial Space Near BART

    This multi-tenant industrial space offers approximately 32,650 square feet, comprised of 1,200 square foot bays. The property is currently occupied by month-to-month tenants, providing interim cash flow for a developer. This arrangement also allows an owner/user the ability to occupy all or part of the complex. Alternatively, an investor could move tenants to market rents with new term leases. The property is located within the Warm Springs Innovation District and is within walking distance of the Fremont Warm Springs BART station, offering convenient access to Oakland City Center Station (48 minutes) and Embarcadero Station in San Francisco (52 minutes). The zoning is Warm Springs Innovation District (WSI-10), which allows for a number of industrial, R&D, and office uses. It also presents a development opportunity with a minimum FAR of 0.50 for industrial/R&D and a minimum FAR of 1.50 for office/hotels.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    • Nigerian Food by Tee's Kitchen — Insight St, Fremont, CA 94538
    • BunBao.com Food Truck — 47011 warm springs blvd, fremont, ca 94539
    • Tacos El Jefeson — 46786 Mission Blvd, Fremont, CA 94539
    • Vintage Catering — 240 Francisco Ln, Fremont, CA 94539

    Location Insight

    • Map
    • Local Demand
    City
    Fremont
    County
    Alameda
    State
    California
    Longitude
    -121.9341817
    Latitude
    37.4957305

    Nearby Similar for Sale

    • $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
    • $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
    • $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
    • $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
    • $988,000
      990 SF

      Fremont Retail Condo For Sale

      Commercial condo in a desirable Fremont shopping center.
      Warm Springs Boulevard, Fremont, CA 94539
      View Details
    • $1,688,888
      2,285 SF

      Dental Space in Fremont, CA

      Dental space for sale near Fremont BART and Kaiser.
      1895 Mowry Ave, Fremont, CA
      View Details
    • $3,500,000
      93,275 SF

      Hyatt Place Fremont For Sale

      151-key Hyatt Place in Silicon Valley available for sale.
      3101 W Warren Ave, Fremont, CA 94538
      View Details
    • $1,650,000
      2,863 SF

      Fremont Industrial Condo For Lease

      Versatile industrial condo with office and warehouse space available for lease.
      809-837 Corporate Way, Fremont, CA
      View Details
    • $2,650,000
      5,318 SF

      Fremont Multi-Unit Investment Opportunity

      Rare five-unit income property in Fremont, excellent location.
      4560 Thornton Avenue, FREMONT, CA 94536
      View Details
    • $1,600,000
      4,480 SF

      Fremont Medical District Office Building

      Office building in Fremont's medical district, near Washington Hospital.
      2400 Country Dr, Fremont, CA
      View Details

    FAQs

    What type of property is this?
    Flex space - 32,650 SF multi-tenant industrial space near Warm Springs BART.
    Where is this flex space located?
    The property is located at 2000-2060 Warm Springs Court Fremont, CA.
    What is the asking price?
    The asking price for this property is $7,000,000.
    What are key features of this property?
    This property features: Development Opportunity: Zoned Warm Springs Innovation District (WSI‑10) with minimum FAR of 0.50 for Industrial/R&D and 1.50 for Office/Hotels.; **±32,650 Square Feet of Multi Tenant Industrial Space:** Offers flexibility for developer interim cash flow, owner/user occupancy, or investor rent optimization.; **Walk to BART Fremont Warm Spring Station:** Provides convenient access to Oakland City Center (48 minutes) and Embarcadero Station, San Francisco (52 minutes).
    (408) 453-7400
    We can help!
    Listing Contact
    Brian Matteoni
    Brian Matteoni
    Real Estate License ID: 00917296
    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!