New search
Property profile & analytics
OFF-MARKET
Estimated value
$22,105,000
Warehouses
40547 Albrae St, Fremont, CA 94538-2433
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6653709
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1983
Construction
TILT-UP CONCRETE
Total area
174,260 SF
Lot
8.88 ac (386,812 SF)
APN
531-240-21-6
UPID
US09-6653709
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$22.11M
Owner & transaction history
Bre Jupiter Bc East Ca Owner LP · 2 yrs held
Bre Jupiter Bc East Ca Owner LP
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fremont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fremont submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$127 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$249,642
Tax year 2024
Assessed value
$20,890,080
Assessed 2024
Previous assessed
$20,890,080
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$10,445,040
Assessed improvement
$10,445,040
Applied tax rate
12.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1983
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Units
6
Total area
174,260 SF
Lot
8.88 ac (386,812 SF)
APN
531-240-21-6
UPID
US09-6653709
Jurisdiction
ALAMEDA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1983
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Units
6
Lot
8.88 ac
Current owner
From public records · entity-resolved
Bre Jupiter Bc East Ca Owner LP
Entity
Mailing address
345 PARK AVE, NEW YORK, NY 10154-0004
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2026
—
Bre Jupiter Bc East Ca Owner LP
—
Deed
related
—
Apr 17, 2024
—
Bre Jupiter Bc East Ca Owner LP
Western C Reit Ca LLC
Intrafamily Transfer
related
—
Oct 7, 2019
—
Western Creit Ca LLC
—
Deed
related
—
Sep 11, 2018
—
Western C Reit Ca LLC
—
Deed
related
$180,000,000 · Miscellaneous Ins Co
Dec 3, 2015
—
Western C Reit Ca LLC
Iit Fremont Dc II LP
Grant Deed
—
May 7, 2013
—
Fremont LP Iit Dc
Prologis Institutional Allianc
Grant Deed
—
Jun 4, 2008
—
Institutional Alliance Fun Amb
China Village LLC
Quit Claim Deed
related
—
Oct 9, 2003
—
Institutional Alliance Fun Amb
—
Deed Of Trust
related
$79,400,000 · Golden American Life Insurance
Jun 21, 2002
—
Institutional Alliance Fun Amb
—
Deed Of Trust
related
$61,900,000 · Golden American Life Insurance
Sep 28, 2001
—
Amb Institutional Alliance
40547 Albrae St INC
Grant Deed
related
—
Oct 30, 1996
$7,940,000
40547 Albrae St INC
1 Wpi Albrae Ptshp LP
Grant Deed
—
Jan 4, 1996
—
Wpi Albrae Ptshp LP
Belle Haven Realty Co
Grant Deed
$5,100,000 · Wells Fargo Bank
—
—
Western C Reit Ca LLC
—
Deed Of Trust
related
$180,000,000 · Miscellaneous Ins Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 40547 Albrae St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
