6084 Stevenson BlvdFremont, CA 94538
- Mixed-use properties
- 2,000 SF
Property Details for 6084 Stevenson Blvd
- Year built
- 2007
- Lot size
- 6.08 AC
- Property size (Sq ft)
- 2,000 SF
- Property type
- Mixed-use properties
- Property subtype
- Other industrial properties
- APN
- 531-415-25
- APU
- 53141525
Description
This exceptional investment opportunity presents two commercial condo units, totaling 4,000 square feet of net rentable space, located within the vibrant Globe Mall in Fremont, California. Each unit offers approximately 2,000 square feet of adaptable space, perfect for restaurants, retail businesses, or office uses. The units boast 16-18 foot ceilings and are situated on a 6.08-acre lot in a Class B building constructed in 2007. The property is zoned for commercial restaurant, retail, and office space, providing significant flexibility for potential buyers. The Globe Mall itself offers a dynamic environment with pedestrian-friendly open spaces, interactive hardscape and water features, banquet hall facilities, and hotel convention accommodations, ensuring high foot traffic and visibility. This prime location in Silicon Valley, conveniently situated west of the 880 Freeway at the Stevenson Boulevard exit, provides unparalleled access to a thriving market. The asking price is $1,350,000 per unit, and a 1031 exchange is possible. This is an owner-occupy or investment opportunity with significant potential for growth and return. The property's APN is 531-415-25 & 531-415-26.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $951,773
- 6.5%
- $878,560
- 7%
- $815,806
-
Comparable approach
- Method
- Valuation
- Relative Method
- $864,621
- Geo Method
- $864,621
-
Alternative Use
- Use
- Valuation
- Residential
- $878,560
- Hospitality
- $804,756
- Educational
- $669,548
- Medical
- $692,575
- Retail
- $1,041,519
Location Insight
- City
- Fremont
- County
- Alameda
- State
- California
- Latitude
- 37.5184
- Longitude
- -121.99
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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