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Freestanding Office-Retail Building
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45968 Warm Springs Blvd, Fremont, CA 94539

Highly maintained freestanding building configured for office, R&D, or general retail use.

Property Size4,902 SF
Price / SF$489.60
Days on Market84

Property Features for 45968 Warm Springs Blvd

General Information

Standard status Active
Size 4,902 SF
Property subtype OFFICE

Building Details

Construction country farm style
Listing Agency: Avison Young | Palo Alto
Listed By: Lloyd Bakan · License #01914446
Source: Moodyscre
Added: May 11 Changed: Jul 28 Last Checked: Aug 1 at 7:34AM

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 Avison Young | Palo Alto

Investment Insights

Based on property information with market context.

This freestanding office/retail building features an attractive country farm style architectural exterior and is described as highly maintained. The offering is positioned as a flexible-use property for office, R&D, or general retail operations.

The building is located directly next to a 5-acre multi-family planned development, supporting a built-in surrounding residential presence.

With its freestanding configuration and maintained condition, the property is well suited for tenants or owners looking for an owner-occupied or investment structure that can support office-oriented and light R&D or general retail use.

Key Highlights

  • High‑profile, freestanding office/retail building
  • Configured for office, R&D, or general retail use
  • Highly maintained building

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $277.1k $56.52
− Vacancy −$38.0k −$7.74
EGI $239.1k $48.78
− OpEx −$59.8k −$12.19
NOI $179.3k $36.58
4,902 SF · lease $56.52/SF/yr · vacancy 13.70% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.56M
$2.24M – $2.99M (±1% cap)
NOI $179,328 @ 7.0% cap · market cap 7.47%
Second Best
Retail
$832.6K
$728.5K – $971.4K (±1% cap)
NOI $58,282 @ 7.0% cap · market cap 2.43%
Theoretical Best
Office A
$3.03M
$2.66M – $3.54M (±1% cap)
NOI $212,401 @ 7.0% cap · market cap 8.85%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

West Coast Self-Storage ... Storage Facility

Suggested Use

Top Pick Law Firm Building Supply Auto Parts Store Hair Salon Garden Center (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

1,056
Businesses Nearby

Demographics for 94539, CA

54,026
Population
17,669
Households
3.1
Avg Household Size
42
Median Age
79%
College-Educated
96%
High-School Grad
25.1 sq mi
ZIP Area
2,152
Density / Sq Mi
$235,399
Median Household Income
$123,587
Median Earnings
$3,183
Median Rent
$1,878,400
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Highly maintained freestanding building configured for office, R&D, or general retail use.
Where is this office building located?
The property is located at 45968 Warm Springs Blvd Fremont, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: High‑profile, freestanding office/retail building; Configured for office, R&D, or general retail use; Highly maintained building
(424) 265-9200 Call to check price and availability
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