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Property profile & analytics
OFF-MARKET Estimated value $345,000
Retail space

4050 Alder Ave Fremont, CA 94536-4702

2,226 SF 0.46 ac lot Built 1966
Individually Owned 22-yr Hold ~ Est. High Equity
Property ID
US09-7914577
Property summary
AI-generated overview

This exceptional retail property, situated at 4050 Alder Ave, Fremont, CA 94536, presents a compelling investment opportunity. The 2,226 square foot building sits on a 0.45-acre lot and is offered at an asking price of $2,200,000. Its location off the heavily trafficked Fremont Boulevard ensures high visibility and accessibility, boasting over 25,000 vehicles per day. The flexible C-N zoning allows for a diverse range of uses, including medical offices (doctors, dentists), educational facilities, and other compatible businesses. Currently generating income, this property offers immediate return on investment. Furthermore, the potential for land assemblage with adjacent parcels presents significant development opportunities for future expansion or redevelopment. The property's proximity to American High School adds to its appeal and potential for synergistic business ventures. This unique combination of existing income, flexible zoning, and development potential makes this a truly exceptional investment opportunity in a thriving Fremont location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1966
Construction WOOD
Total area 2,226 SF
Lot 0.46 ac (20,127 SF)
APN 501-231-1-19
UPID US09-7914577
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Karachi Steak House - Fremont Restaurant
  • The Burger Shop Restaurant
  • Firechikz Restaurant
  • Flowers & Gifts (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k
Owner & transaction history
Dirk R Lorenz · 22 yrs held
Dirk R Lorenz
since 2004
7 recorded transactions
2021
Price N/A
2004
Price N/A
2002
$436,220
1988
$250,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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