Industrial Flex Unit with Grade-Level
New
For Sale
$699,000
4450 Enterprise Street #114, Fremont, CA 94538
A 1982 industrial condo pairs a reinforced concrete floor with a warehouse-oriented layout.
Property Size2,277 SF
Price / SF$306.98
Days on Market6
Property Features for 4450 Enterprise Street #114
General Information
Standard status
Active
Size
2,277 SF
Property subtype
Commercial
Zoning
INDUSTRIAL GENERAL (IG)
Additional Details
Drive-In Doors
1
Building Details
Building Size
2,277 SF
Year Built
1982
Stories
2
Units
1
Construction
tilt-up concrete
Listing Agency:
RE/MAX Gold Elk Grove
4055200
Listed By:
Gurjatinder S Randhawa · License #1490567
(916) 320-9444
Source:
Busybee
Added: Oct 19
Changed: Oct 22
Last Checked: Oct 22 at 2:34PM
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 RE/MAX Gold Elk Grove
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Investment Insights
Based on property information with market context.
This 2,277-square-foot industrial condo at 4450 Enterprise Street #114 in Fremont has a grade-level roll-up door and reinforced concrete flooring. Built in 1982, the unit is part of a concrete tilt-up building and is zoned Industrial General (IG). Its configuration is described as suitable for warehouse storage, light manufacturing, distribution, or flex office use.
The property is located in a business park in Fremont, California. The available property details identify access to major transportation routes but do not specify the routes.
The property is located in a business park in Fremont, California. The available property details identify access to major transportation routes but do not specify the routes.
Key Highlights
- 2,277 square feet of industrial condo space
- Grade‑level roll‑up door for loading access
- Reinforced concrete floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,388
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$727,760
$727.8K
Cap Rate 7%
$519,829
$519.8K
Cap Rate 9%
$404,311
$404.3K
Market Conditions
NOI Build-Up for 2,277 SF
Gross rent
$54.4K $23.88/SF
− Vacancy
−$2.4K −$1.05/SF
EGI
$52.0K $22.83/SF
− OpEx
−$15.6K −$6.85/SF
NOI
$36.4K $15.98/SF
Area
Fremont, CA
Vacancy
4.40%
Lease Rate
$23.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$727,760
Cap Rate 7%
$519,829
Cap Rate 9%
$404,311
Alternative Uses
Best Use
Industrial
$519.8K
$454.9K – $606.5K
NOI $36,388 @ 7.0% cap · market cap 5.21%
Second Best
Warehouse
$491.6K
$430.2K – $573.6K
NOI $34,415 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M
NOI $98,661 @ 7.0% cap · market cap 14.11%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
1,299
Businesses Nearby
Well-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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Nigerian Food by Tee's Kitchen — Insight St, Fremont, CA 94538
- Cabana Dave's — Fremont, CA 94538
Frequently Asked Questions
What type of property is this?
Flex space - A 1982 industrial condo pairs a reinforced concrete floor with a warehouse-oriented layout.
Where is this flex space located?
The property is located at 4450 Enterprise Street #114 Fremont, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 2,277 square feet of industrial condo space; Grade‑level roll‑up door for loading access; Reinforced concrete floor
