Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3800 Adams Ave Fremont, CA 94538

    Sponsored
    For Sale
    $6,500,000

    LAND - Fremont, CA

    Lot size:
    0.61 Acres
    Days on Market:
    18
    Last Refresh:
    Jan 18 at 12:06 pm

    Property Features for 3800 Adams Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    52560522
    Lot size
    0.61 Acres

    We can help!

    Listing Contact
    Ken Kho

    Legacy Real Estate & Associates [email protected]

    Listing agent Ken Kho (510) 744-3500

    Listing date Jan 1, 2026

    Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Fremont Land Approved For Townhomes

    This 0.61-acre land parcel in Fremont, CA, has been previously approved for the construction of 11 tri-level townhomes. Each townhome is planned to include 4 bedrooms, 3 bathrooms, and a side-by-side 2-car garage, with sizes ranging from 1938 to 2329 square feet. The property is located at the corner of Adams Avenue and Roberts Avenue, placing it within walking distance of the Irvington Business District/Five Corners. The location has a Walk Score of 78 and a Bike Score of 76. Nearby schools include Grimmer Elementary School, Horner Middle School, and Irvington High School.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fremont
    County
    Alameda
    State
    California
    Longitude
    -121.95649
    Latitude
    37.529522

    Nearby Similar for Sale

    • $649,900
      1,441 SF

      Fremont Office/Flex Space Available

      Turn-key office/flex space in Fremont's Warm Springs Innovation District.
      943 Corporate Way, Fremont, CA 94539
      View Details
    • Contact for pricing
      1,284 SF

      Fremont Flexible Commercial Space

      Adaptable 1,300 sq ft space near I-880 & I-680.
      44848 S Grimmer Blvd, Fremont, CA 94538
      View Details
    • $17,044,000
      36,576 SF

      Fremont Retail Center For Sale

      87% occupied retail center shadow-anchored by FoodMaxx.
      39429-39497 Fremont Blvd, Fremont, CA 94538
      View Details
    • $138,800

      Senior Living in Niles Canyon

      Two-bedroom home in a 55+ senior community.
      711 Old Canyon Rd, Fremont, CA 94538
      View Details
    • $2,500,000

      Fremont Industrial/Flex Space For Sale

      Updated office and warehouse space in a prime Fremont location.
      5560 Boscell Cmn, Fremont, CA 94538
      View Details
    • $248,000

      Fremont Mobile Home with Amenities

      Affordable 3 bed, 2 bath mobile home in Fremont.
      126 Fisk Ter, Fremont, CA 94538
      View Details
    • $248,000

      Affordable Mobile Home in Fremont

      Two-bedroom, two-bath mobile home in Fremont's Southlake Mobile Estates.
      35 Eagle Grn, Fremont, CA 94538
      View Details
    • $988,000
      990 SF

      Fremont Times Square Plaza Condo

      Commercial condo in desirable Fremont Times Square Plaza shopping center.
      46292 Warm Springs Blvd, Fremont, CA 94539
      View Details
    • $988,000
      990 SF

      Fremont Retail Condo For Sale

      Commercial condo in a desirable Fremont shopping center.
      Warm Springs Blvd, Fremont, CA 94539
      View Details
    • $158,888

      Fremont Mobile Home in Southlake

      Mobile home in Fremont's Southlake community with community amenities.
      48 Eagle Grn, Fremont, CA 94568
      View Details
    • $3,200,000
      14,000 SF

      Fremont Warehouse with Office Space

      14,000 SF building with warehouse and office space for sale.
      37428 Centralmont Pl, Fremont, CA 94536
      View Details
    • $9,750,000
      31,871 SF

      Fremont R&D/Office Freestanding Building

      31,871 SF R&D/Office building with renovation planned.
      4268 Solar Way, Fremont, CA 94538
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Land approved for 11 townhomes near Irvington Business District.
    Where is this residential land & home lot located?
    The property is located at 3800 Adams Ave Fremont, CA.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: - Approved for 11 tri-level townhomes, offering a significant development opportunity.; - Townhomes feature 4 bedrooms, 3 bathrooms, and a 2-car garage, appealing to families.; - Located within walking distance of the Irvington Business District/Five Corners, providing convenient access to amenities.
    (510) 744-3500
    Request Owner's contact information
    3800 Adams Ave Fremont, CA 94538
    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.
    3800 Adams Ave
    Fremont, CA 94538
    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
    3800 Adams Ave Fremont, CA 94538
    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

    We can help!
    Listing Contact
    Ken Kho
    Real Estate License ID: 01759705
    (510) 744-3500
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.