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Financial
Distress signals
Property profile

47001 Benicia St Fremont, CA 94538

FOR LEASE
Flex space
Property ID
US09-7795697
67,549 SF 5.01 ac lot Built 1984
Last sale Mar 2015 · $49,237,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 67,359 square foot multi-tenant office and industrial property, located at 47001 Benicia St, Fremont, CA 94538, presents a significant leasing opportunity. Situated on a 5-acre lot in Alameda County, the Frontier Elm Business Center offers a substantial 36,334 square feet of immediately available space, ideal for executive offices or research and development operations. Built in 1981, the building boasts impressive 16-foot ceilings, providing ample vertical space for various…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$122k
Tax billed · 2024
Assessed value$9.54M
Assessed land$4.29M
Assessed improvement$5.25M
Effective rate1.27%

Value estimate

· Oct 2026
$8.60M
$7.74M – $9.45M
NOI build-up
Gross scheduled income$676k
Vacancy & credit loss−$30k
Operating expenses−$97k
NOI · 39,226,071.43% cap applied$549k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$286/SF
ZIP average, outlier-cleaned · 73 recorded sales of this use type
Observed band · Q1–Q3$173 – $403
Qualifying comparables4

Cap rate analysis

How does the asset earn?
39,226,071.43%
$549k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionALAMEDA

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand index
Auto Parts Store13.7
Law Firm12.4
Pawn Shop10.5

Location

47001 Benicia St Fremont, CA 94538
County assessor Recorded deeds · 6 transfers 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5020 Brandin, Fremont, CA 94538-3140 $33,000,000 Jun 2025 75,453 SF
5070 Brandin, Fremont, CA 94538-3140 $33,000,000 Jun 2025 53,706 SF
3100 Warren, Fremont, CA 94538-6423 $6,860,000 Nov 2024 57,952 SF
48450 Lakeview, Fremont, CA 94538-6532 $34,000,000 Sep 2024 92,235 SF
3490 Un, Fremont, CA 94538-4365 $1,198,000 Dec 2023 65,026 SF
47151 Bayside, Fremont, CA 94538 $42,970,000 Aug 2023 100,728 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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