Entity Owned 
For Sale
$3,025,000
37428 Centralmont Pl, Fremont, CA 94536
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Property summary
AI-generated overview
The property consists of an approximately 14,000-square-foot building on an approximately 21,850-square-foot parcel, with approximately 6,000 square feet of warehouse space and approximately 8,000 square feet of office space. The building has two separate entrances, supporting divisibility, and includes five restrooms plus a shower. Exterior amenities include a front employee parking area and a rear fenced and secured yard. The warehouse area is served by two grade-level doors and has an approximate clear height of 18 feet. Electrical service is listed as 800 amps of 120/240 volts, subject to buyer verification, and the property is zoned I-S (Service Industrial).
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1974
Construction
TILT-UP CONCRETE
Total area
14,000 SF
Lot
0.5 ac (21,850 SF)
APN
501-350-2-13
UPID
US09-8421765
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Production Facility
-
(Bike/Boat/Book/etc) Store Printing Service
-
IT Consulting Firm Data Center
-
Department Store
-
Theater & Performing Art Venue
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.03M
CAP Approach
CAP
$3.44M
Comparable Approach
Comparable
$3.74M
Blend (final)
Blend
$3.03M
Owner & transaction history
since 2024
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
Top alternative use upside
Apartment house (5+ units)
$5.0M
+24.4%
Retail stores
$4.9M
+22.1%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 16 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$3.03M
Value range
$2.72M – $3.33M
±10% around blend
Estimated value / SF
$216 / SF
Confidence
High
16 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
100
$2.72M
blend $3.03M
$3.33M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
14,000 SF
Lot area
0.5 ac
Year built
1974
Stories
2
APN
501-350-2-13
Assessed value
$2,937,800
Annual tax
$34,668
3
Income approach: direct capitalization
Partial preview
Income approach indication
$3.44M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$3.73M
@ 6.5% CAP return
$3.44M
@ 7% CAP return
$3.20M
4
Sales comparison
Partial preview
Sales approach indication
$4.61M
Weighted, 16 comps · high confidence
Evidence
16 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
9.6 mi away · 13,600 SF
9.7 mi away · 10,080 SF
9.9 mi away · 13,059 SF
11.2 mi away · 14,040 SF
11.4 mi away · 10,080 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.03M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 95 sales
$285
-24%
County 533 sales
$269
-20%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $216/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Apartment House (5+ Units)
Gross theoretical uplift
+24%
vs current-use indication
Retail Stores
Industrial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 16 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
7.40%
Implied, in-place cap rate for this flex space
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.40%
9.0%
NOI (est.)
$212k *
Last sale · May 2024
$3.03M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.86M
Move the market yield to see immediate price impact.
Value / SF
$204
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
6.90%7.40%7.90%
$191k
$2.76M
$2.58M
$2.41M
$212k
$3.07M
$2.86M
$2.68M
$233k
$3.38M
$3.15M
$2.95M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
16 found
High confidence · county-verified
Closest comparable
$6.80M
9.3 mi · Dec 2025 · $472/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$34,668
Tax year 2024
Assessed value
$2,937,800
Assessed 2024
Previous assessed
$2,937,800
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$750,533
Assessed improvement
$2,187,267
Applied tax rate
12.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Sale
Year built
1974
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
2
Units
4
Total area
14,000 SF
Lot
0.5 ac (21,850 SF)
APN
501-350-2-13
UPID
US09-8421765
Jurisdiction
ALAMEDA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1974
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
1
Units
4
Lot
0.5 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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