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Property profile & analytics
OFF-MARKET
Estimated value
$27,365,000
Hotels
45976 Warm Spgs Blvd Fremont, CA 94539-6745
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8368844
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2019
Construction
WOOD
Total area
89,105 SF
Lot
2.11 ac (92,057 SF)
APN
519-1687-48-2
UPID
US09-8368844
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
$27.37M
Owner & transaction history
Fremont Property Sub LLC · 4 yrs held
Fremont Property Sub LLC
since 2021
Last sale
$35.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$44.9M
+21.7%
Commercial (general)
$44.4M
+20.3%
Office building
$40.6M
+10.2%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$36,870,000
Current use
RESTAURANT
$44,855,000
Change: +22% · Conversion: Difficult
COMMERCIAL (GENERAL)
$44,360,000
Change: +20% · Conversion: Difficult
OFFICE BUILDING
$40,645,000
Change: +10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$37,855,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$35,225,000
Change: -4% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$31,565,000
Change: -14% · Conversion: Difficult
RETAIL STORES
$30,990,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$27.37M
Range $24.63M – $30.10M · ±10% · vs last sale $35.86M (Sep 10 2021)
Last sale anchor
$35.86M
Sep 10 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$307 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$510,638
Tax year 2023
Assessed value
$40,121,248
Assessed 2024
Previous assessed
$39,764,368
+0.9% YoY
Effective rate
1.27%
On assessed value
Assessed land
$10,404,000
Assessed improvement
$29,717,248
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2019
Construction
WOOD
Heating
NONE
Buildings
1
Stories
5
Units
145
Rooms
5
Bathrooms
1
Total area
89,105 SF
Lot
2.11 ac (92,057 SF)
APN
519-1687-48-2
UPID
US09-8368844
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
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$36.9M
RESTAURANT
Est. value
$44.9M
COMMERCIAL (GENERAL)
Est. value
$44.4M
OFFICE BUILDING
Est. value
$40.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$37.9M
MEDICAL BUILDING
Est. value
$35.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$31.6M
RETAIL STORES
Est. value
$31.0M
HOTEL/MOTEL Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2019
Construction
WOOD
Heating
NONE
Stories
5
Buildings
1
Units
145
Rooms
5
Bathrooms
1
Lot
2.11 ac
Current owner
From public records · entity-resolved
Fremont Property Sub LLC
Entity
Mailing address
1040 AVE OF THE AMERICAS, NEW YORK, NY 10018-3703
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2021
—
Fremont Property Sub LLC
Fo Fremont Property LLC
Lease
$29,800,000 · Argentic Real Estate Investment LLC
Sep 10, 2021
$35,855,000
Fo Fremont Property LLC
Primus Alameda Lodging LLC
Grant Deed
—
Oct 23, 2018
—
Primus Alameda Lodging LLC
—
Grant Deed
related
$24,430,000 · Western Alliance Bk
Jun 26, 2018
$3,000,000
Primus Alameda Lodging LLC
Alameda Lodging INC
Grant Deed
related
—
Sep 21, 2015
$2,850,000
Alameda Lodging INC
Bohong INC
Grant Deed
—
May 30, 2014
$2,160,000
Bohong INC
Global Link Investment LLC
Grant Deed
—
May 5, 2014
—
City Of Fremont
Global Link Investment LLC
Grant Deed
related
—
Aug 5, 2011
$1,350,000
Global Link Investment LLC
Bettencourt,jess & Joan
Grant Deed
$950,000 · Jess & Joan Bettencourt
—
—
Bettencourt,jess & Joan
—
Deed Of Trust
related
$100,000 · Landcastle Real Estate INC
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
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