Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4179 Cushing Pkwy Fremont, CA 94538
    Back to Search
    Property profile & analytics

    4179 Cushing Pkwy, Fremont, CA 94538

    View on Map
    • Retail properties & Spaces
    • 18,995 SF
    • 1.78 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 4179 Cushing Pkwy

    Year built
    1995
    Lot size
    1.78 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional 18,995 square foot medical office building, situated at 4179 Cushing Parkway in Fremont, California, presents a unique investment opportunity. Built in 1995, the property boasts a convenient location adjacent to I-880, providing easy access for employees of major companies such as Tesla, LAM Research, and Delta Electronics. The building features a total of 123 parking spaces, catering to the needs of both staff and patients. Currently, a single suite of 8,168 square feet is available for lease, representing the minimum divisible space and the maximum contiguous space currently available. The property sits on 1.78 acres of land in Alameda County, zip code 94538. The building does not include elevators. This location benefits from significant growth potential, with a projected 4,000 new housing units within a two-mile radius expected to be completed in 2024. This influx of residents will complement the existing strong traffic generated by the nearby corporate workforce, creating a robust and diverse customer base. The property's strategic location and the anticipated population increase make it an ideal investment for medical professionals seeking a thriving practice environment. The property is classified as Retail, Restaurant, and Office, with the available space specifically designated for medical office use. Multiple tenants currently occupy the building.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fremont
    County
    Alameda
    State
    California
    Longitude
    -121.95
    Latitude
    37.4905

    Comparable in this City

    • Value Estimation by Request
      264,856 SF

      Fremont CA 6078/6082/6084/6086 Stevenson Blvd

      Restaurants
      Fremont CA 6078/6082/6084/6086 Stevenson Blvd, Fremont, CA 94538
      View Details
    • Value Estimation by Request
      10,090 SF

      39243 Liberty St

      Medical Office Space
      39243 Liberty St, Fremont, CA 94538
      View Details
    • Value Estimation by Request
      30,024 SF

      42501 Albrae St

      Life science properties
      42501 Albrae St, Fremont, CA 94538
      View Details
    • Value Estimation by Request
      9,737 SF

      39206 Fremont Blvd

      Restaurants
      39206 Fremont Blvd, Fremont, CA 94538
      View Details
    • Value Estimation by Request
      504,666 SF

      Argonaut Way & Mowry Ave

      Restaurants
      0 Argonaut Way & Mowry Ave, Fremont, CA 94538
      View Details
    • Value Estimation by Request
      192,104 SF

      Paseo Padre Pkwy & Walnut Ave

      Restaurants
      0 Paseo Padre Pkwy & Walnut Ave, Fremont, CA 94538
      View Details

    Similar Nearby for Sale

    • $1,688,888
      2,285 SF

      Fremont Medical Office Condo

      Prime 2,285 SF medical/office condo, ideal location.
      1895 Mowry Ave, , CA, Fremont, CA 94538
      View Details
    • $700,000

      Turn-Key Fremont Commercial Property

      Commercial property equipped for health and wellness professionals.
      46560 Fremont Blvd, Fremont, CA 94538
      View Details
    • Contact for pricing
      1,252 SF

      Fremont Commercial Property For Sale

      Turn-key commercial property equipped for health and wellness professionals.
      46560 Fremont Blvd, Fremont, CA 94538
      View Details
    • Contact for pricing
      4,140 SF

      Fremont Condo Office Space

      Two-story condo office suitable for commercial, industrial, medical, retail.
      4400 Technology Dr, Fremont, CA 94538
      View Details
    • Contact for pricing
      Pending

      Fremont Business Park Office Suites

      Office suites ranging from 400 to 10,000 square feet.
      42808 Christy St, Fremont, CA 94538
      View Details
    • Contact for pricing
      2,285 SF

      Dental Space in Fremont, CA

      Dental space for sale near Fremont BART and Kaiser.
      1895 Mowry Ave, Fremont, CA 94538
      View Details

    Similar Nearby 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
    • Contact for pricing

      Regional Shopping Center Retail Space

      504,000 SF regional shopping center with over 60 stores.
      39201 Fremont Blvd, Fremont, CA 94538
      View Details
    • Contact for pricing

      Medical Office Building in Fremont

      Medical office building in Fremont's downtown area, near hospital and BART.
      39055 Hastings St, Fremont, CA 94538
      View Details
    • Contact for pricing
      36,082 SF

      Office Space Near Fremont BART

      Office and medical space available near Fremont BART station.
      39141 Civic Center Dr, Fremont, CA 94538
      View Details
    • Contact for pricing
      9,259 SF

      Fremont Office Space Available

      Office space available for lease in Fremont, California.
      41920 Christy St, Fremont, CA 94538
      View Details
    • Contact for pricing

      Fremont Commercial Space For Rent

      Versatile space in Fremont's business district, near major transportation routes.
      44848 S Grimmer Blvd, Fremont, CA 94538
      View Details
    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.
    4179 Cushing Pkwy
    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
    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
    4179 Cushing Pkwy, Fremont, CA, 94538
    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!