6084 Stevenson BlvdFremont, CA 94538

  • Mixed-use properties
  • 2,000 SF
For Sale
$1,350,000 View listing

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
6084 Stevenson Blvd, Fremont, California

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,929
$296,166
$682,470
$978,636
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