Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    47201 Msn Fls Ct Fremont, CA 94539-8120

    • Apartment buildings
    • 190,586 SF
    • 4.40 lot acres
    OFF-MARKET
    Last Sale
    Jul 09, 2020
    Value Estimations
    $38,750,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8630570
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Palmia Apartments / Apartment Building

    Property Details for 47201 Msn Fls Ct

    Year built
    2022
    Construction
    WOOD
    Lot size
    4.40 lot acres
    Property size
    190,586 SF
    Property type
    Apartment buildings
    APN
    519-1691-7-3
    APU
    519169173

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $56,720,000
      6.5%
      $52,355,000
      7%
      $48,615,000

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $61,375,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fremont
    County
    Alameda
    State
    California
    Longitude
    -121.929
    Latitude
    37.484
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,177,321
    $19,342,770
    $79,321,333
    $98,664,103
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2.00 Acres

      Driscoll Rd

      APARTMENT HOUSE (5+ UNITS) • 2.00 Acres
      Driscoll Rd, Fremont, CA 94539
      View Details
    • Value Estimation
      $38,205,000
      12.62 Acres

      2501 Cormack Rd

      APARTMENT HOUSE (5+ UNITS) • 12.62 Acres
      2501 Cormack Rd, Fremont, CA 94539
      View Details
    • Value Estimation
      $2,585,000
      15,892 SF

      46703 Crawford St

      APARTMENT HOUSE (5+ UNITS) • 15,892 SF
      46703 Crawford St, Fremont, CA 94539-7171
      View Details
    • Value Estimation
      $12,015,000
      77,916 SF

      231 Woodcreek Cmn

      APARTMENT HOUSE (5+ UNITS) • 77,916 SF
      231 Woodcreek Cmn, Fremont, CA 94539-7996
      View Details
    • Value Estimation
      $12,530,000
      78,787 SF

      231 Woodcreek Cmn

      APARTMENT HOUSE (5+ UNITS) • 78,787 SF
      231 Woodcreek Cmn, Fremont, CA 94539-7996
      View Details
    • Value Estimation by Request
      0.79 Acres

      231 Woodcreek Cmn

      APARTMENT HOUSE (5+ UNITS) • 0.79 Acres
      231 Woodcreek Cmn, Fremont, CA 94539-7996
      View Details

    Similar Nearby for Sale

    • $988,000
      990 SF

      Fremont Retail Condo For Sale

      Commercial condo in a desirable Fremont shopping center.
      Warm Springs Blvd, Fremont, CA 94539
      View Details
    • $7,000,000

      Fremont Multi-Tenant Industrial Space

      Multi-tenant industrial space in Warm Springs Innovation District, Fremont.
      2000-2060 Warm Springs Ct, Fremont, CA 94539
      View Details
    • $988,000

      Fremont Commercial Condo in Plaza

      Commercial condo in a desirable Fremont shopping center.
      46292 Warm Springs Blvd, Fremont, CA 94539
      View Details
    • Contact for pricing

      Vacant Land in Fremont

      1.17 acres of vacant land in Fremont, California.
      1550 Washington Blvd, Fremont, CA 94539
      View Details
    • $3,800,000
      9,600 SF

      Fremont Commercial Building - Prime Location

      9,600 SF Office/Warehouse, 0.57 Acres
      1300 Fulton Pl, Fremont, CA 94539
      View Details
    • $649,900
      1,441 SF

      Fremont Office/Flex Space Available

      Turn-key office/flex space in Fremont's Warm Springs Innovation District.
      943 Corporate Way, Fremont, CA 94539
      View Details

    Similar Nearby for Lease

    • $1.75 SF/Yr
      16,756 SF

      Fremont Flex Space Available

      Flex space featuring office, lab, and warehouse areas for lease.
      448 Kato Ter, Fremont, CA 94539
      View Details
    • Contact for pricing
      117,068 SF

      Fremont Town Center: Medical & Retail

      Prime Fremont location, multiple spaces available.
      46848 Mission Blvd, Fremont, CA 94539
      View Details
    • Contact for pricing
      9,216 SF

      Fremont Flex Space For Rent

      Flex space in Fremont Innovation District, close to amenities.
      101-103 Hammond Ave, Fremont, CA 94539
      View Details
    • $1.70 SF/Yr
      2,500 SF

      Fremont Flex Space For Rent

      Flex space featuring two-story office and high ceiling warehouse.
      959-987 Corporate Way, Fremont, CA 94539
      View Details
    • Contact for pricing

      Fremont Industrial Outdoor Storage Yard

      Fenced and paved yard with excellent freeway access.
      280-350 Whitney Pl, Fremont, CA 94539
      View Details
    • Contact for pricing
      1,019 SF

      Fremont Retail Space Available

      Retail space available for rent in Fremont, California.
      43801-43807 Mission Blvd, Fremont, CA 94539
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    47201 Msn Fls Ct
    Fremont, CA 94539-8120
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!