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Mixed-Use Property with Offices
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38458 Fremont Blvd., Fremont, CA 94536

Open interior areas and two enclosed offices support office or retail use.

Property Size1,750 SF
Price / SF$2.00
Days on Market315

Property Features for 38458 Fremont Blvd.

General Information

Standard status Active
Size 1,750 SF
Property subtype Comm Ind For Lease

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Additional Details

Property Use Office/Retail

Amenities

open spaces

Building Details

Year Built 1928
Listing Agency: JPN Realty
Listed By: Javier Padilla
Source: Jpnrealty
Added: Dec 18, 2025 Changed: Oct 28 Last Checked: Oct 28 at 2:36PM

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 JPN Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,750-square-foot mixed-use property, built in 1928, has open interior space and two private offices. The property is identified for office or retail use, with single-family home use also noted. It fronts Fremont Boulevard, across from Washington High School.

Nearby destinations include Fremont Hub, Washington Hospital, Kaiser Hospital, and Palo Alto Medical Foundation. Fremont BART Station and I-880 are within minutes, with access toward the Peninsula, San Francisco, Oakland, and Silicon Valley.

Key Highlights

  • 1,750‑square‑foot mixed‑use property
  • Open interior areas and two private offices
  • Office or retail use; single‑family home use also noted

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,807
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,140 $416.1K
Cap Rate 7%
$297,243 $297.2K
Cap Rate 9%
$231,189 $231.2K
Market Conditions
NOI Build-Up for 1,750 SF
Gross rent
$32.3K $18.48/SF
− Vacancy
−$2.6K −$1.50/SF
EGI
$29.7K $16.98/SF
− OpEx
−$8.9K −$5.10/SF
NOI
$20.8K $11.89/SF
Area
Fremont, CA
Vacancy
8.09%
Lease Rate
$18.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,140
Cap Rate 7%
$297,243
Cap Rate 9%
$231,189

Alternative Uses

Best Use
Mixed Use
$345.0K
$301.9K – $402.5K (±1% cap)
NOI $24,150 @ 7.0% cap · market cap 690.00%
Second Best
Retail
$297.2K
$260.1K – $346.8K (±1% cap)
NOI $20,807 @ 7.0% cap · market cap 594.49%
Theoretical Best
Office A
$1.08M
$947.8K – $1.26M (±1% cap)
NOI $75,827 @ 7.0% cap · market cap 2,166.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service HVAC Service Grocery & Convenience Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Auto Parts Store

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,352
Businesses Nearby
77k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 61% Shops & Services 25% Apparel 11% Electronics 3%
McDonald's Dining
32,839 visits/mo 0.4 miles
Chase Bank Shops & Services
16,004 visits/mo 0.5 miles
Goodwill Apparel
8,245 visits/mo 0.5 miles
Yogurtland Dining
6,098 visits/mo 0.5 miles
Jamba Juice Dining
5,473 visits/mo 0.5 miles

Demographics for 94536, CA

73,172
Population
26,338
Households
2.8
Avg Household Size
38
Median Age
58%
College-Educated
93%
High-School Grad
14.1 sq mi
ZIP Area
5,190
Density / Sq Mi
$156,672
Median Household Income
$87,943
Median Earnings
$2,835
Median Rent
$1,210,200
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Open interior areas and two enclosed offices support office or retail use.
Where is this mixed-use property located?
The property is located at 38458 Fremont Blvd. Fremont, CA.
What are key features of this property?
This property features: 1,750‑square‑foot mixed‑use property; Open interior areas and two private offices; Office or retail use; single‑family home use also noted
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Includes: Price & PSF · Cap rate · Location · Zoning

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