Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    46615-46635 Mission Blvd Fremont, CA 94539

    • Retail properties
    • 6,160 SF
    For Lease
    View listing
    $60 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 46615-46635 Mission Blvd

    Property size
    6,160 SF
    Property type
    Retail properties
    Property subtype
    Restaurants

    Description

    Warm Springs Plaza offers exceptional office space in Alameda County, California. This vibrant community center boasts ±6,160 square feet of total building space, with ±4,319 square feet currently available in multiple divisible units ranging from a minimum of 837 square feet to a maximum contiguous space of 1,820 square feet. The property is situated on a sizable 30,056 square foot lot at the highly visible intersection of Mission Boulevard and Warm Springs Boulevard, benefiting from traffic counts exceeding 90,522 cars daily. Its Town Center Transitional zoning allows for diverse uses. The building features convenient access to the Warm Springs BART station and ample parking (850 stalls, approximately 7 per 1,000 square feet). This prime location is anchored by established businesses including 99 Ranch Market, CVS, Paris Baguette, Bank of the West, and Orangetheory Fitness, ensuring high visibility and foot traffic. Additional amenities include pylon signage opportunities and ±1,676 square feet of available retail space. The property's ±979 linear feet of frontage on Mission Boulevard and ±721 linear feet on Warm Springs Boulevard provide exceptional exposure along a major commuter route. This is an ideal opportunity for businesses seeking a prominent location in a thriving community. The property is zoned as Town Center Transitional and has an APN of 519-1260-041. There are no elevators in 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
    -121.928
    Latitude
    37.4912

    Comparable in this City

    • Value Estimation by Request
      117,068 SF

      46848 Mission Blvd

      Restaurants • 117,068 SF
      46848 Mission Blvd, Fremont, CA 94539
      View Details
    • Value Estimation by Request
      2,218 SF

      46356 Warm Springs Blvd

      Medical offices • 2,218 SF
      46356 Warm Springs Blvd, Fremont, CA 94539
      View Details
    • Value Estimation by Request
      2,218 SF

      46356 Warm Springs Blvd

      Medical offices • 2,218 SF
      46356 Warm Springs Blvd, Fremont, CA 94539
      View Details
    • Value Estimation by Request
      1,678 SF

      45108 Tom Blalock St

      Lifestyle centers • 1,678 SF
      45108 Tom Blalock St, Fremont, CA 94539
      View Details
    • Value Estimation by Request
      88,000 SF

      39933-40983 Mission Blvd

      Neighborhood centers • 88,000 SF
      39933-40983 Mission Blvd, Fremont, CA 94539
      View Details
    • Value Estimation by Request
      3,200 SF

      39069 Msn Blvd

      MEDICAL BUILDING • 3,200 SF
      39069 Msn Blvd, Fremont, CA 94539-3036
      View Details

    Similar Nearby for Sale

    • $4,250,000
      9,600 SF

      Fremont Industrial Property - $4.25M

      9,600 SF Mixed-Use Building, 0.57 Acres
      1300 Fulton Pl, Fremont, CA 94539
      View Details
    • $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
    • $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
    • $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
    • $7,000,000

      Fremont Multi-Tenant Industrial Space

      Multi-tenant industrial space in Warm Springs Innovation District, Fremont.
      2000-2060 Warm Springs Ct, Fremont, CA 94539
      View Details
    • $775,000
      1,287 SF

      Fremont Office Space: Prime Location

      Turn-key office & flex space in Warm Springs.
      837 Corporate Way, Fremont, CA 94539
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      117,068 SF

      Fremont Town Center: Medical & Retail

      Prime Fremont location, multiple spaces available.
      46848 Mission Blvd, Fremont, CA 94539
      View Details
    • $60 SF/Yr
      6,160 SF

      Warm Springs Plaza Office Suites

      Alameda County office space, 837-1820 sqft.
      46615-46635 Mission Blvd, Fremont, CA 94539
      View Details
    • Contact for pricing
      143,795 SF

      Fremont Retail Opportunity

      Former Fry's-occupied property in Fremont, California.
      43800 Osgood Rd, Fremont, CA 94539
      View Details
    • Contact for pricing
      5,736 SF

      Fremont Office/R&D Sublease Opportunity

      Office/R&D sublease with manufacturing and warehouse space in Fremont.
      47747-47777 Warm Springs Blvd, Fremont, CA 94539
      View Details
    • Contact for pricing
      978 SF

      Fremont Restaurant Space with Patio

      Second-generation restaurant space with type 1 hood and patio.
      43571 Mission Blvd, Fremont, CA 94539
      View Details
    • Contact for pricing
      1,078 SF

      Fremont Office and Retail Space

      Office, retail, and dental spaces available in Fremont, CA.
      39560 Stevenson Pl, Fremont, CA 94539
      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.
    46615-46635 Mission Blvd
    Fremont, CA 94539
    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

    Google sign-in failed. Please try again or use another login method.