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

    1550 Washington Blvd Fremont, CA 94539-5100

    • Commercial land
    • 1.17 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7563652
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Farmers Insurance - Lin Zhao / Insurance Agency / Auto Insurance Agency
    • N American Marine Surveyors / Land Surveyor

    Property Details for 1550 Washington Blvd

    Lot size
    1.17 lot acres
    Property type
    Commercial land
    APN
    513-620-65
    APU
    51362065

    Description

    This exceptional 1.17-acre commercial land parcel presents a unique investment opportunity in Fremont, California. Located at 1550 Washington Blvd, this vacant land is zoned Commercial Neighborhood (C-N), offering significant development potential. The property boasts a highly desirable location within the Mission San Jose High School boundary, providing access to a strong local community. Its strategic position on Washington Boulevard, directly across from the I-680 interchange, ensures exceptional visibility and accessibility. The I-680 interchange experiences a substantial average daily traffic count of 126,000 vehicles, providing unparalleled exposure for any future development. The property's APN is 513-620-65, and its lot size is 1.17 acres, equating to approximately 50,965 square feet. This presents a blank canvas for a wide range of commercial ventures, capitalizing on the high traffic volume and prime location within a thriving community. The property is offered as a fee simple interest, providing complete ownership and control. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering in Alameda County, CA, zip code 94539.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fremont
    County
    Alameda
    State
    California
    Longitude
    -121.936
    Latitude
    37.5307
    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
    $2,826
    $217,093
    $0.00
    $217,093
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.03 Acres

      Msn Blvd

      VACANT COMMERCIAL LAND • 2,552 SF
      Msn Blvd, Fremont, CA 94539
      View Details
    • Value Estimation by Request
      0.92 Acres

      48437 Warm Spgs Blvd

      VACANT COMMERCIAL LAND • 1,098 SF
      48437 Warm Spgs Blvd, Fremont, CA 94539-8329
      View Details
    • Value Estimation by Request
      0.60 Acres

      862 Brown Rd

      VACANT COMMERCIAL LAND • 2,400 SF
      862 Brown Rd, Fremont, CA 94539
      View Details
    • Value Estimation by Request
      1.11 Acres

      43551 Msn Blvd

      VACANT COMMERCIAL LAND • 1.11 Acres
      43551 Msn Blvd, Fremont, CA 94539-5871
      View Details
    • Value Estimation by Request
      0.35 Acres

      43342 Bryant St

      VACANT COMMERCIAL LAND • 0.35 Acres
      43342 Bryant St, Fremont, CA 94539-5804
      View Details
    • Value Estimation by Request
      0.82 Acres

      730 Brown Rd

      VACANT COMMERCIAL LAND • 0.82 Acres
      730 Brown Rd, Fremont, CA 94539-7007
      View Details

    Similar Nearby for Sale

    • $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
    • $29,500,000

      Development Opportunity Near Mission San Jose

      4.45-acre parcel ideal for development in desirable Fremont neighborhood.
      41252 Mission Blvd, Fremont, CA 94539
      View Details
    • Contact for pricing

      Vacant Land in Fremont

      1.17 acres of vacant land in Fremont, California.
      1550 Washington Blvd, Fremont, CA 94539
      View Details
    • $735,000

      Fremont Commercial Land For Sale

      Commercial land available in Fremont, California.
      837 Corporate Way, Fremont, CA 94539
      View Details
    • $4,500,000

      Mission San Jose Hillside Lot

      Rare hillside lot in sought-after Fremont neighborhood.
      41246 Mission Blvd, 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

    Similar Nearby for Lease

    • $0.25 SF/Yr

      Fremont Industrial Outdoor Storage Yard

      Fenced and paved yard with excellent freeway access.
      280-350 Whitney Pl, 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
      1,902 SF

      Fremont Office Space Available

      Office space available for rent in Fremont, California.
      39572 Stevenson Pl, Fremont, CA 94539
      View Details
    • $2 SF/Yr
      1,571 SF

      Neighborhood Shopping Center Retail Space

      88,000 SF shopping center with strong demographics and parking.
      40089 Mission Blvd, Fremont, CA 94539
      View Details
    • Contact for pricing
      35,184 SF

      Fremont R&D Manufacturing Space

      Single-story R&D manufacturing space with clean room and office.
      43455 Osgood Rd, Fremont, CA 94539
      View Details
    • $31 SF/Yr
      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.
    1550 Washington Blvd
    Fremont, CA 94539-5100
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.