Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    959-987 Corporate Way Fremont, CA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Flex space featuring two-story office and high ceiling warehouse.

    Type:FLEX_R_AND_D
    Property size:
    2,500 SF
    Lot size:
    4.80 Acres
    Added:
    May 26, 2025
    Days on Market:
    346
    Last Refresh:
    Apr 5 at 9:44 pm

    Property Features for 959-987 Corporate Way

    General Information

    Standard status
    Active
    Size
    2,500 SF
    Lot size
    4.80 Acres
    Property subtype
    FLEX_R_AND_D

    Spaces For Lease

    at 959-987 Corporate Way Contact us

    We can help!

    Listing Contact
    Tim Vi Tran
    Tim Vi Tran

    Listing agent Tim Vi Tran

    Listing office The Ivy Group

    Listing date May 26, 2025

    Source Moodyscre

    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 The Ivy Group

    HighLights

    • Two story office with 26' high warehouse ceiling
    • Grade level loading roll‑up door (10' x 10')
    • 250 amps electrical capacity
    • Dual HVAC units for independent first and second floor control
    • Fire sprinkler system
    • Two separate restrooms

    Overview

    Fremont Flex Space For Rent

    This flex space property features a grade-level loading roll-up door measuring 10 feet by 10 feet. The property includes a two-story office area and a warehouse with a 26-foot high ceiling. There are two separate restrooms and a kitchenette. The property is equipped with dual HVAC units, providing independent climate control for the first and second floors. A fire sprinkler system is in place. The electrical capacity is 250 amps. The property is located in Fremont, California and offers 2,500 square feet of space.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Tacos El Jefeson — 46786 Mission Blvd, Fremont, CA 94539
    • Vintage Catering — 240 Francisco Ln, Fremont, CA 94539

    Location Insight

    • Map
    • Local Demand
    City
    Fremont
    County
    Alameda
    State
    California
    Longitude
    -121.929
    Latitude
    37.4992

    Nearby Similar for Lease

    • $3,000/Mo

      Commercial Condo in Fremont, CA

      Commercial condo with low overhead and built-in customer base.
      44848 S Grimmer Blvd, Fremont, CA 94538
      View Details
    • $1.95 SF/Yr

      Fremont Bayside Flex Space

      Flex space in Fremont's Bayside area, near major transportation.
      47913-47929 Fremont Boulevard, Fremont, CA, 94538
      View Details
    • $2,800/Mo

      Fremont Retail Space Available

      Retail space for rent in Fremont, California.
      37312 Niles Blvd., Fremont, CA 94536
      View Details
    • $2 SF/Yr

      Fremont Flex Space Available

      Move-in ready office, R&D, and warehouse suites in Fremont.
      4032-4038 Clipper Ct, Fremont, CA
      View Details
    • $2,100/Mo

      Fremont Flex Space For Rent

      Multi-tenant building with office and warehouse space available for lease.
      45278 Industrial Dr, Fremont, CA 94538
      View Details
    • $2,100/Mo

      Fremont Flex Space For Rent

      Multi-tenant building with office and warehouse space available for lease.
      45264 Industrial Dr, Fremont, CA 94538
      View Details
    • $1.41 SF/Yr

      Fremont Office Space Available

      Corner office suite with flexible lease terms and amenities.
      42808 Christy St, Fremont, CA
      View Details
    • $27 SF/Yr

      Fremont Retail Space Available

      Retail space available for lease in Fremont, California.
      3155 Kearney St., Fremont, CA 94538
      View Details
    • $1,063/Mo

      Fremont Office Space Available Now

      Office space available for rent in Fremont, California.
      4396 Enterprise Pl, Suite C, Fremont, CA 94538
      View Details
    • $1.85 SF/Yr

      Fremont R&D/Manufacturing Buildings Available

      Two R&D/Manufacturing buildings available for lease or sale.
      4050 Technology Place, Fremont, CA, 94538
      View Details
    • Contact for pricing

      Fremont Blvd Retail Opportunity

      Freestanding retail building on Fremont Blvd with ample parking.
      40861 Fremont Blvd, Fremont, CA 94538
      View Details
    • $2 SF/Yr

      Fremont Flex Space Available

      Move-in ready office, R&D, and warehouse suites in Fremont, CA.
      4109-4125 Clipper Ct, Fremont, CA
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex space featuring two-story office and high ceiling warehouse.
    Where is this flex space located?
    The property is located at 959-987 Corporate Way Fremont, CA.
    What is the lease rate?
    The lease rate is $1.70 SF/Yr.
    What are key features of this property?
    This property features: Two story office with **26' high warehouse ceiling**; Grade level loading roll‑up door (10' x 10'); **250 amps electrical capacity**
    (408) 799-5290 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Tim Vi Tran
    Tim Vi Tran
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    959-987 Corporate Way, Fremont, CA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!