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Property profile & analytics
OFF-MARKET
Estimated value
$16,370,000
Warehouses
40745 Encyclopedia Cir Fremont, CA 94538-2451
Individually Owned
34-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8209165
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1997
Construction
TILT-UP CONCRETE
Total area
158,400 SF
Lot
7.1 ac (309,089 SF)
APN
531-413-20-1
UPID
US09-8209165
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
-
The Home Depot Distribution Center Distribution Center Logistics Company
-
The Home Depot Distribution Center S/R Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.37M
Owner & transaction history
Catellus Develop · 34 yrs held
Catellus Develop
since 1992
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
$103 / 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
$144,297
Tax year 2024
Assessed value
$12,390,340
Assessed 2024
Previous assessed
$12,390,340
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$6,593,947
Assessed improvement
$5,796,393
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
1997
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
158,400 SF
Lot
7.1 ac (309,089 SF)
APN
531-413-20-1
UPID
US09-8209165
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
1997
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
7.1 ac
Current owner
From public records · entity-resolved
Catellus Develop
Individual
Free & Clear · 34 yrs held
Mailing address
1800 WAZEE ST, DENVER, CO 80202-1577
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1992
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2005
—
Catellus Operating
—
Deed Of Trust
related
$135,120,000 · Teachers Insurance & Annuity
Sep 30, 1998
—
Catellus Development Corp
—
Deed Of Trust
related
$6,975,000 · Teachers Insurance & Annuity
Dec 31, 1996
—
Catellus Development Corp
—
Deed Of Trust
related
$240,000,000 · Bank Of America
Aug 5, 1996
—
Catellus Dev Corp
—
Grant Deed
related
$100,000,000 · Bank Of America
Apr 17, 1992
—
Catellus Develop
Redevelopment Ag
Quit Claim Deed
related
—
Apr 17, 1992
$171,500
Catellus Develop
Emery,h./emery,r
Trustees Deed
—
Apr 2, 1991
—
Catellus Develop
M&n Truck Line
Quit Claim Deed
related
—
—
—
Catellus Development Corp
—
Deed Of Trust
related
$2,325,000 · Cato Reit 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?”
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