Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$13,830,000
Flex space
48363 Fremont Blvd Fremont, CA 94538-6580
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-7937031
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1997
Construction
TILT-UP CONCRETE
Total area
47,256 SF
Lot
3.37 ac (146,610 SF)
APN
519-1694-27
UPID
US09-7937031
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
-
Pan-Pacific Mechanical Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.49M
CAP Approach
CAP
$11.62M
Comparable Approach
Comparable
$19.04M
Blend (final)
Blend
$13.83M
Owner & transaction history
Lba Or Core-company II LLC · 6 yrs held
Lba Or Core-company II LLC
since 2020
Last sale
$14.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$21.6M
+59.8%
Neighborhood: shopping center
$20.1M
+48.8%
Medical building
$18.7M
+38.5%
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
$18,915,000
ML approach
$9,490,000
CAP Approach
CAP Return
Estimation
6%
$12,585,000
6.5%
$11,620,000
7%
$10,790,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$13,490,000
Current use
OFFICE BUILDING
$21,555,000
Change: +60% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$20,075,000
Change: +49% · Conversion: Difficult
MEDICAL BUILDING
$18,680,000
Change: +38% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$16,740,000
Change: +24% · Conversion: Difficult
RETAIL STORES
$16,435,000
Change: +22% · Conversion: Moderate
Blend value · Realmo final
$13.83M
Range $12.45M – $15.21M · ±10% · vs last sale $14.90M (Mar 25 2020)
Last sale anchor
$14.90M
Mar 25 2020
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
$293 / 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
$183,644
Tax year 2024
Assessed value
$16,000,600
Assessed 2024
Previous assessed
$16,000,600
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$6,218,702
Assessed improvement
$9,781,898
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1997
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
2
Units
1
Bathrooms
3
Total area
47,256 SF
Lot
3.37 ac (146,610 SF)
APN
519-1694-27
UPID
US09-7937031
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
INDUSTRIAL (GENERAL) Current
Est. value
$13.5M
OFFICE BUILDING
Est. value
$21.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$20.1M
MEDICAL BUILDING
Est. value
$18.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$16.7M
RETAIL STORES
Est. value
$16.4M
INDUSTRIAL (GENERAL) Current
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
1997
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
1
Units
1
Bathrooms
3
Lot
3.37 ac
Current owner
From public records · entity-resolved
Lba Or Core-company II LLC
Entity
Mailing address
PO BOX 847, CARLSBAD, CA 92018-0847
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2020
—
Lba Or Core-company II LLC
—
Deed
related
$35,900,000 · Miscellaneous Ins Co
Mar 25, 2020
$14,900,000
Lba Or Core-company II LLC
Ppm Investments LLC
Grant Deed
—
Nov 28, 2018
$12,446,000
Ppm Investments LLC
Encore Realty LLC
Grant Deed
$9,956,528 · American Business Bank
Aug 19, 2016
—
Encore Realty LLC
—
Deed
related
$4,010,000 · Bank Of America
Dec 13, 2010
$5,000,000
Encore Realty LLC
Selax LLC
Grant Deed
$2,430,000 · Bank Of America
Feb 29, 1996
$1,966,500
Selax LLC
King & Lyons
Grant Deed
$2,970,000 · Bank Of America Community Dev
—
—
Encore Realty LLC
—
Deed Of Trust
related
$4,010,000 · Bank Of America
—
—
Lba Or Core-company II LLC
—
Deed Of Trust
related
$35,900,000 · Miscellaneous Ins Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 48363 Fremont Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
