Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2860 Country Dr Fremont, CA 94536-5359
    Property profile & analytics

    2860 Country Dr, Fremont, CA 94536-5359

    View on Map
    • Assisted living facilities
    • 187,331 SF
    • 5.41 lot acres
    Off-Market
    Property ID
    US09-8412148
    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.
    Value Estimations
    $2,740,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Cogir of Fremont / Retirement Community
    • Beacon Home Care at Cogir of Fremont / Home Health Care Service

    Property Details for 2860 Country Dr

    Year built
    1987
    Construction
    WOOD
    Lot size
    5.41 lot acres
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    501-1581-2-7
    APU
    501158127

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 22, 2010 — 2860 Country Drive LLC — Deed Of Trust · related $20.7M · Federal Home Loan Mortgage Cor
    Apr 9, 2009 — 2860 Country Drive LLC Health Care Reit INC Grant Deed $20.7M · Keycorp R/e Cap Mktg
    Jan 4, 2006 — Health Care Reit INC Chang Retirement Centers Ptshp Grant Deed · related —
    Oct 13, 2005 — Chang Retirement Ctrs Ptshp Chang T M & Yoshie F Trust Quit Claim Deed —
    Aug 11, 2004 — Chang,tr — Deed Of Trust · related $20M · Citicorp USA Corp
    Jul 2, 2004 — Chang,tr Bodily,tr Grant Deed · related —
    Sep 30, 1994 — Chang Trust Chang,t M & Yoshie F Quit Claim Deed · related —
    May 31, 1991 $216,000 Chang T Bodily Trust Grant Deed $3M · San Francisco Federal S & L
    — — 2860 Country Drive LLC — Loan Modification · related $20.7M · Federal Home Loan Mortgage Cor
    — — 2860 Country Drive LLC — Loan Modification · related $20.7M · Federal Hm Ln Mtg

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Fremont
    County
    Alameda
    State
    California
    Longitude
    -121.986
    Latitude
    37.5568
    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
    $442,351
    $13,145,779
    $24,473,837
    $37,619,616
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $560,000
      11,600 SF

      38035 Martha Ave

      HOMES (RETIRED, NURSING)
      38035 Martha Ave, Fremont, CA 94536-3808
      View Details
    • Value Estimation
      $28,180,000
      46,490 SF

      36281 Fremont Blvd

      HOMES (RETIRED, NURSING)
      36281 Fremont Blvd, Fremont, CA 94536-3509
      View Details
    • Value Estimation by Request
      10,263 SF

      35525 Niles Blvd

      HOMES (RETIRED, NURSING)
      35525 Niles Blvd, Fremont, CA 94536-1598
      View Details
    • Value Estimation by Request
      15,528 SF

      38650 Msn Blvd

      HOMES (RETIRED, NURSING)
      38650 Msn Blvd, Fremont, CA 94536-4391
      View Details
    • Value Estimation by Request
      29,827 SF

      2500 Country Dr

      HOMES (RETIRED, NURSING)
      2500 Country Dr, Fremont, CA 94536-5356
      View Details
    • Value Estimation
      $920,000
      19,226 SF

      2400 Parkside Dr

      HOMES (RETIRED, NURSING)
      2400 Parkside Dr, Fremont, CA 94536-5332
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,000 SF

      Mixed-Use Retail/Medical/Office Opportunity

      Mixed-use property suitable for retail, medical, or office use.
      3780 Bonde Way, Fremont, CA 94536
      View Details
    • Contact for pricing
      2,550 SF

      Redevelopment Site in Downtown Niles

      Redevelopment site in historic Niles district of Fremont.
      37396-37400 Niles Blvd, Fremont, CA 94536
      View Details
    • Contact for pricing

      Prime Land in Niles Neighborhood

      Exceptional 11310 sq ft land in a prime location.
      35796 Mission Blvd, Fremont, CA 94536
      View Details
    • $2,650,000

      Fremont Multi-Unit Investment Opportunity

      Rare five-unit income property in high-demand Fremont location.
      4560 Thornton Ave, Fremont, CA 94536
      View Details
    • $1,049,000
      11,310 SF

      Prime Land on Mission Blvd

      Exceptional investment opportunity in a sought-after Niles neighborhood.
      35796 Mission Blvd, Fremont, CA 94536
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Fremont Manufacturing and Industrial Space

      Manufacturing and industrial property available for rent in Fremont, CA.
      45388 Warm Springs Blvd, Fremont, CA 94536
      View Details
    • Contact for pricing
      3,371 SF

      Medical/Dental Building Near BART

      Stand-alone, fully plumbed medical/dental building in a corner location.
      38780 Paseo Padre Pkwy, Fremont, CA 94536
      View Details
    • Contact for pricing
      1,600 SF

      Fremont Retail Space Available

      Retail space available for lease in Fremont, California.
      37323 Fremont Blvd, Fremont, CA 94536
      View Details
    • $2,800 /Mo
      9,652 SF

      Fremont Retail Space Available

      Retail space for rent in Fremont, California.
      37312 Niles Blvd, Fremont, CA 94536
      View Details
    • Contact for pricing
      1,123 SF

      Mixed-Use Retail and Residential Community

      Mixed-use retail and residential community in Fremont, California.
      3888 Fremont Blvd, Fremont, CA 94536
      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.
    2860 Country Dr
    Fremont, CA 94536-5359
    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
    2860 Country Dr, Fremont, CA, 94536
    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!