Entity Owned 
For Lease
1 / 2
$9,260,000
4811 Hannover Pl, Fremont, CA 94538
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Property summary
AI-generated overview
This Alameda County warehouse, located at 4811 Hannover Pl, Fremont, CA 94538, offers 10,000 square feet of immediately available space within a larger 25,000 square foot building. The minimum leasable space is 200 square feet, providing flexibility for businesses of various sizes. The property features four dock-high doors for efficient loading and unloading. This is a shared, third-party logistics (3PL) warehouse, designed for storage purposes only. Public access is not permitted. The space is ideal for businesses requiring secure storage solutions in a convenient Fremont location. The monthly rental rate is $3.00 per square foot. This industrial warehouse is a single-tenant space within a larger building. The property is strategically located for ease of access and efficient operations. Interested parties should inquire for further details and scheduling a viewing.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1997
Construction
TILT-UP CONCRETE
Total area
39,200 SF
Lot
2.34 ac (101,731 SF)
APN
525-1327-9
UPID
US09-6802454
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
-
Warehouse & Storage
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.90M
CAP Approach
CAP
$9.12M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.26M
Owner & transaction history
since 2025
7 recorded transactions
Zoning & alternative use
Top alternative use upside
Apartment house (5+ units)
$13.9M
+28.2%
Retail stores
$13.6M
+25.9%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$9.26M
Value range
$8.33M – $10.19M
±10% around blend
Estimated value / SF
$236 / SF
Confidence
Property data
88
Market benchmarks
100
Comparable evidence
60
$8.33M
blend $9.26M
$10.19M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
39,200 SF
Lot area
2.34 ac
Year built
1997
Stories
1
APN
525-1327-9
Assessed value
$10,200,000
Annual tax
$117,159
3
Income approach: direct capitalization
Partial preview
Income approach indication
$9.12M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$9.88M
@ 6.5% CAP return
$9.12M
@ 7% CAP return
$8.47M
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$9.26M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 30 sales
$276
-14%
Submarket 45 sales
$222
+7%
County 448 sales
$200
+18%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $236/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Apartment House (5+ Units)
Gross theoretical uplift
+28%
vs current-use indication
Retail Stores
Warehouse, Storage · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$10.20M
Move the market yield to see immediate price impact.
Value / SF
$260
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$643k
$12.85M
$9.18M
$7.14M
$714k
$14.28M
$10.20M
$7.93M
$785k
$15.71M
$11.22M
$8.73M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$117,159
Tax year 2024
Assessed value
$10,200,000
Assessed 2024
Previous assessed
$10,200,000
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$5,803,800
Assessed improvement
$4,396,200
Applied tax rate
12.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1997
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Total area
39,200 SF
Lot
2.34 ac (101,731 SF)
APN
525-1327-9
UPID
US09-6802454
Jurisdiction
ALAMEDA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Lot
2.34 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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