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Property profile & analytics
OFF-MARKET
Estimated value
$5,210,000
Flex space
41509 Albrae St Fremont, CA 94538-3120
Trust Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7940215
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1986
Construction
TILT-UP CONCRETE
Total area
40,466 SF
Lot
1.77 ac (77,101 SF)
APN
531-222-6
UPID
US09-7940215
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
-
digiCircle.com Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.21M
Owner & transaction history
Salwan Dharam & V Living Trust · 19 yrs held
Salwan Dharam & V Living Trust
since 2007
5 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
$129 / 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
$71,713
Tax year 2024
Assessed value
$5,959,643
Assessed 2024
Previous assessed
$5,959,643
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$1,510,433
Assessed improvement
$4,449,210
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Units
1
Total area
40,466 SF
Lot
1.77 ac (77,101 SF)
APN
531-222-6
UPID
US09-7940215
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
1986
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Units
1
Lot
1.77 ac
Current owner
From public records · entity-resolved
Salwan Dharam & V Living Trust
Trust
Mailing address
37177 FREMONT BLVD STE #110, FREMONT, CA 94536-3609
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2013
—
Salwan,dharam & V Living Trust
—
Deed Of Trust
related
$4,000,000 · Wells Fargo Bank
Mar 27, 2007
—
Salwan Dharam & V Living Trust
Hlm Tri-valley Industrial Port
Grant Deed
$10,000,000 · Washington Mutual Fsb
Nov 2, 2004
—
Hlm Tri-valley Indl Portfolio
Iacono Paul E & R M Trust
Grant Deed
$24,560,000 · Merrill Lynch Capital
May 24, 1994
—
Iacono Trust
Iacono,paul E &
Quit Claim Deed
related
—
Dec 16, 1982
—
—
—
Grant Deed
related
—
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.
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