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Property profile & analytics
OFF-MARKET
Estimated value
$40,130,000
Life science properties
46897 Bayside Pkwy Fremont, CA 94538-6572
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7940324
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
2000
Construction
STEEL FRAME
Total area
95,920 SF
Lot
4.25 ac (184,999 SF)
APN
519-1005-91
UPID
US09-7940324
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
-
Siemens Engineer Engineering Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$44.60M
Blend (final)
Blend
$40.13M
Owner & transaction history
Bgo Fremont Data Center LLC · 1 yrs held
Bgo Fremont Data Center LLC
since 2024
Last sale
$37.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$48.3M
+24.4%
Commercial (general)
$47.8M
+23.0%
Office building
$43.8M
+12.7%
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
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL
$38,820,000
Current use
RESTAURANT
$48,285,000
Change: +24% · Conversion: Difficult
COMMERCIAL (GENERAL)
$47,755,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$43,750,000
Change: +13% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$40,750,000
Change: +5% · Conversion: Difficult
MEDICAL BUILDING
$37,920,000
Change: -2% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$33,980,000
Change: -12% · Conversion: Difficult
RETAIL STORES
$33,360,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$40.13M
Range $36.12M – $44.14M · ±10% · vs last sale $37.90M (Sep 19 2024)
Last sale anchor
$37.90M
Sep 19 2024
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
$418 / 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
$281,660
Tax year 2024
Assessed value
$23,625,340
Assessed 2024
Previous assessed
$23,625,340
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$6,826,860
Assessed improvement
$16,798,480
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
NONE
Buildings
1
Stories
2
Units
1
Bathrooms
6
Total area
95,920 SF
Lot
4.25 ac (184,999 SF)
APN
519-1005-91
UPID
US09-7940324
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
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL Current
Est. value
$38.8M
RESTAURANT
Est. value
$48.3M
COMMERCIAL (GENERAL)
Est. value
$47.8M
OFFICE BUILDING
Est. value
$43.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$40.8M
MEDICAL BUILDING
Est. value
$37.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$34.0M
RETAIL STORES
Est. value
$33.4M
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL 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
2000
Construction
STEEL FRAME
Heating
NONE
Stories
2
Buildings
1
Units
1
Bathrooms
6
Lot
4.25 ac
Current owner
From public records · entity-resolved
Bgo Fremont Data Center LLC
Entity
Mailing address
170 WOOD AVE S, ISELIN, NJ 08830-2741
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2024
$37,900,000
Bgo Fremont Data Center LLC
Prologis Logistics Services Incorpo
Grant Deed
—
Sep 24, 2024
$36,900,000
Prologis Logistics Services Incorpo
Siemens Industry Software INC
Grant Deed
—
Nov 25, 2014
$10,775,000
Mentor Graphics Corp
Alcion Bayside Venture LP
Grant Deed
—
Dec 5, 2011
$14,000,000
Alcion Bayside Venture LP
Comm 2006-fl12 Bayside Parkway
Grant Deed
—
Jun 7, 2011
$13,000,000
Comm 2006-fl12 Bayside Parkway
First American Title Ins
Trustees Deed
—
Mar 8, 2006
—
Legacy Partners Fremont LLC
Jer Bayside LLC
Grant Deed
$44,000,000 · Secore Financial Corp
Sep 16, 2005
—
Jer Bayside LLC
Renco Investment
Grant Deed
—
Oct 4, 1995
—
Renco Investment Company
—
Deed Of Trust
related
$36,000,000 · Metropolitan Life Insurance
Dec 26, 1991
—
Renco Investment
Renco Investment
Quit Claim Deed
related
$3,532,000 · Wells Fargo Bank
—
—
Alcion Bayside Venture LP
—
Deed Of Trust
related
$14,900,000 · California Bank & Trust
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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