Property profile

47550 Kato Rd Fremont, CA 94538

OFF-MARKET
Warehouses
Property ID
US09-9568280
259,966 SF 13.34 ac lot Built 1974
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 261,242-square-foot freestanding warehouse is situated on a 13.34-acre lot in Fremont, California. Built in 1974, the single-story building boasts 39 dock-high doors and 2 drive-in doors, providing ample access for loading and unloading. The property offers significant parking with 1.5 spaces available. Its strategic location on Kato Road, with convenient access to Interstate 880, ensures excellent visibility and easy transportation. The property is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space. This industrial property is located in Alameda County, with a Fremont address and 94538 zip code. The building's prominent location benefits from proximity to major corporations including Hewlett Packard, Sony, Hitachi, LSI Logic, Lam Research, and Sysco Foods. This presents a compelling opportunity for businesses seeking a substantial, well-located warehouse in a thriving industrial area. The property's size, features, and location make it an ideal choice for a variety of industrial uses. The single-tenant occupancy allows for complete control and customization of the space. This is a rare opportunity to acquire a significant industrial asset in a highly desirable location.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1974
Construction TILT-UP CONCRETE
Total area 259,966 SF
Lot 13.34 ac (581,010 SF)
APN 519-1742-3
UPID US09-9568280

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Furniture & Home Goods Home Decor Store

Location

47550 Kato Rd Fremont, CA 94538-7303
Fremont metro Census 441503 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$60.45M
Comparable Approach Comparable
by Request
Blend (final) Blend
$73.07M

Owner & transaction history

since 2021
Last sale
$80.0M
7 recorded transactions
2021
$80.0M
2021
Price N/A
2020
Price N/A
2013
$20.8M
2012
$45.6M
2008
$20.7M
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $118.6M +65.1%
Neighborhood: shopping center $110.4M +53.8%
Medical building $102.8M +43.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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