Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    39141 Civic Center Dr Fremont, CA 94538
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    39141 Civic Center Dr Fremont, CA 94538

    View on Map
    • Office buildings
    • 109,980 SF
    • 3.93 lot acres
    For Lease
    View Listing →
    39141 Civic Center Drive, Fremont, CA, 94538 For Lease
    Contact for pricing

    39141 Civic Center Drive, Fremont, CA, 94538

    Office and medical space available near Fremont BART station.

    39141 Civic Center Dr, Fremont, CA 94538
    View Listing
    Property ID
    US09-7827772
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Civic Center Place / Medical Clinic
    • Rubixis / (Bike/Boat/Book/etc) Store / Corporate Office
    • Genaro A. Jimenez, PT / Physician
    • UCSF Advanced Heart Failure at Fremont / Medical Clinic
    • Outpatient Rehabilitation Center Physical Therapy & Sports Medicine Care / Medical Clinic

    Property Details for 39141 Civic Center Dr

    Year built
    1999
    Construction
    STEEL FRAME
    Lot size
    3.93 lot acres
    Property size
    109,980 SF
    Property type
    Office buildings
    APN
    507-465-12-2
    APU
    507465122

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $50,165,000
      Current use
      RESTAURANT
      $55,365,000
      Change: +10% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $54,750,000
      Change: +9% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $46,725,000
      Change: -7% Conversion: Difficult
      MEDICAL BUILDING
      $43,480,000
      Change: -13% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Fremont
    County
    Alameda
    State
    California
    Longitude
    -121.977
    Latitude
    37.5542
    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
    $516,122
    $8,247,750
    $37,996,206
    $46,243,956
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,045,000
      11,534 SF

      39737 Paseo Padre Pkwy

      OFFICE BUILDING • 11,534 SF
      39737 Paseo Padre Pkwy, Fremont, CA 94538-2996
      View Details
    • Value Estimation
      $2,605,000
      29,430 SF

      39767 Paseo Padre Pkwy

      OFFICE BUILDING • 29,430 SF
      39767 Paseo Padre Pkwy, Fremont, CA 94538-2993
      View Details
    • Value Estimation by Request
      170,606 SF

      46101 Fremont Blvd

      OFFICE BUILDING • 170,606 SF
      46101 Fremont Blvd, Fremont, CA 94538-6468
      View Details
    • Value Estimation
      $10,085,000
      39,098 SF

      3155 Kearney St

      OFFICE BUILDING • 39,098 SF
      3155 Kearney St, Fremont, CA 94538-2268
      View Details
    • Value Estimation
      $1,175,000
      2,618 SF

      40811 Grimmer Blvd

      OFFICE BUILDING • 2,618 SF
      40811 Grimmer Blvd, Fremont, CA 94538-2846
      View Details
    • Value Estimation
      $540,000
      4,783 SF

      40951 Grimmer Blvd

      OFFICE BUILDING • 4,783 SF
      40951 Grimmer Blvd, Fremont, CA 94538-2846
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      51,566 SF

      Fremont Office Building For Sale

      51,566 Sq. Ft. office building on 1.18 acres.
      3200 Mowry Ave, Fremont, CA 94538
      View Details
    • Contact for pricing
      75,068 SF

      Fremont Industrial Manufacturing Building

      75,068 SF industrial manufacturing building available for lease.
      48580 Kato Rd, Fremont, CA 94538
      View Details
    • $700,000
      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
      31,871 SF

      Fremont R&D/Office Freestanding Building

      31,871 SF R&D/Office building with renovation planned.
      4268 Solar Way, Fremont, CA 94538
      View Details
    • $2,600,000
      8,022 SF

      Fremont Flex/Industrial/Office Property For Sale

      Flex, industrial, and office property available for purchase in Fremont.
      44255 Old Warm Springs 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

    Similar Nearby for Lease

    • Contact for pricing

      Fremont Office/Warehouse Condo For Lease

      High-quality office/warehouse condo in Fremont Auto Mall Business Center.
      43652 S Grimmer Blvd, 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
    • $2 SF/Yr

      Fremont Office Space Available

      Office space available for rent in Fremont, California.
      39465 Paseo Padre Pkwy, Fremont, CA 94538
      View Details
    • Contact for pricing
      4,000 SF

      Fremont Downtown Office Space Available

      Prime location near BART, retail, and government buildings.
      39221 Paseo Padre Pkwy, Fremont, CA 94538
      View Details
    • Contact for pricing
      3,824 SF

      Downtown Fremont Office Space Available

      Office suites available in Downtown Fremont near BART.
      39159 Paseo Padre Pkwy, Fremont, CA 94538
      View Details
    View Listing
    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.
    39141 Civic Center Dr
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!