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Property profile & analytics
FOR LEASE
Flex space
46750 Fremont Blvd Fremont, CA 94538
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6915982
For Lease
1 / 3
$14,575,000
46750 Fremont Blvd, Fremont, CA 94538
View Listing →
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1991
Construction
TILT-UP CONCRETE
Total area
59,100 SF
Lot
4.32 ac (188,310 SF)
APN
519-1693-33
UPID
US09-6915982
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
-
Vertogic (Bike/Boat/Book/etc) Store Corporate Office
-
Willie's Dumpster Rental Fremont General Contractor Waste Management Facility
-
FedEx Drop Box Postal Service Courier Service
-
eJoule Inc Corporate Office
-
Litespeed Energy Inc. Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$14.53M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.58M
Owner & transaction history
Fremont Bayside LLC · 2 yrs held
Fremont Bayside LLC
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$23.4M
+38.5%
Apartment house (5+ units)
$20.9M
+24.1%
Retail stores
$20.6M
+21.8%
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%
$15,740,000
6.5%
$14,530,000
7%
$13,490,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$16,875,000
Current use
MEDICAL BUILDING
$23,365,000
Change: +38% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$20,935,000
Change: +24% · Conversion: Difficult
RETAIL STORES
$20,555,000
Change: +22% · Conversion: Moderate
Blend value · Realmo final
$14.58M
Range $13.12M – $16.03M · ±10%
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
$247 / 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
$190,714
Tax year 2024
Assessed value
$16,560,000
Assessed 2024
Previous assessed
$16,560,000
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$9,827,000
Assessed improvement
$6,733,000
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
For Lease
Year built
1991
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
2
Bathrooms
6
Total area
59,100 SF
Lot
4.32 ac (188,310 SF)
APN
519-1693-33
UPID
US09-6915982
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
INDUSTRIAL (GENERAL) Current
Est. value
$16.9M
MEDICAL BUILDING
Est. value
$23.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$20.9M
RETAIL STORES
Est. value
$20.6M
INDUSTRIAL (GENERAL) Current
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
1991
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
2
Bathrooms
6
Lot
4.32 ac
Current owner
From public records · entity-resolved
Fremont Bayside LLC
Entity
Mailing address
19762 MACARTHUR BLVD, IRVINE, CA 92612-2424
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2023
—
Fremont Bayside LLC
Ccf Ind Bayside LLC
Grant Deed
$63,000,000 · Jpmorgan Chase Bank NA
Jul 23, 2020
—
Ccf Ind Bayside LLC
Ccf Bkm Bayside LLC
Quit Claim Deed
—
Jan 16, 2018
$13,225,000
Ccf Bkm Bayside LLC
Prologis LP I
Trustees Deed
$48,200,000 · Bank Of America
Dec 22, 1993
—
LP Sci
Bayside,spinnake
Grant Deed
related
—
Mar 12, 1990
—
Bayside Spinnake
Bayside Spinnake
Quit Claim Deed
related
$4,040,000 · Wells Fargo Bank
Jan 16, 1990
$372,500
Bayside Spinnake
King&lyons
Grant Deed
—
—
—
Bayside Spinnake
—
Deed Of Trust
related
$77,000,000 · Wells Fargo Bank
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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