Properties For Sale

at 41011 Albrae St

41011 Albrae St AVAILABLE, Now

Floor Bldg

Size 17,213 SF

Type RETAIL

Sublease No

Contact us

Listing Agency: Lee & Associates | Oakland Show Phone

Listed By: Garrett Drew · License #01923730 Show Phone

Source: Moodyscre

Added: May 8 Changed: Oct 7 Last Checked: Oct 23 at 11:28AM

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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 Lee & Associates | Oakland

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

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Investment Insights

Based on property information with market context.

Available now, this free-standing industrial services building offers direct I-880 visibility and includes a dedicated yard. The property totals 17,213± SF and is presented as an industrial services facility in a stand-alone configuration.

Located at 41011–41041 Albrae St in Fremont, CA, the site is positioned for straightforward access and prominence with visibility from I-880.

The layout is designed around the combination of warehouse/industrial space and outdoor yard area, supporting operations that benefit from both covered work space and exterior staging or storage.

Key Highlights

• 17,213± SF free‑standing industrial services building with a yard
• Direct I‑880 visibility in Fremont
• Built in 2002

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$260,163

Cap Rate

3.59%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$5,203,260 $5.2M

Cap Rate 7%

$3,716,614 $3.7M

Cap Rate 9%

$2,890,700 $2.9M

Is this asking price fair?

Market Conditions

NOI Build-Up for 17,213 SF

Gross rent

$320.2K $18.60/SF

− Vacancy

−$14.1K −$0.82/SF

EGI

$306.1K $17.78/SF

− OpEx

−$45.9K −$2.67/SF

NOI

$260.2K $15.11/SF

Area

Fremont, CA

Vacancy

4.40%

Lease Rate

$18.60 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$5,203,260

Cap Rate 7%

$3,716,614

Cap Rate 9%

$2,890,700

Alternative Uses

Best Use

Warehouse

$3.72M

$3.25M – $4.34M (±1% cap)

NOI $260,163 @ 7.0% cap · market cap 3.59%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$10.65M

$9.32M – $12.43M (±1% cap)

NOI $745,831 @ 7.0% cap · market cap 10.29%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Dental Office Real Estate Agency Building Supply Spa & Massage Center Law Firm Hair Salon

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

917

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

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 Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

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Similar Off Market Nearby

• Auto Mall RV & Boat Storage — 42335 boscell rd, fremont, ca 94538
• Loretto Self Storage Unit — 42776 Albrae St, Fremont, CA 94538
• Public Storage — 42101 Albrae St, Fremont, CA 94538

Frequently Asked Questions

What type of property is this?

Warehouse - Free-standing industrial services building with a yard and direct I-880 visibility in Fremont.

Where is this warehouse located?

The property is located at 41011 Albrae St Fremont, CA.

What is the asking price?

The asking price for this property is $7,250,000.

What are key features of this property?

This property features: 17,213± SF free‑standing industrial services building with a yard; Direct I‑880 visibility in Fremont; Built in 2002