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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5640 Boscell Cmn Fremont, CA 94538-5110

    • Warehouses
    • 4,844 SF
    • 0.81 lot acres
    OFF-MARKET
    Last Sale
    Apr 28, 2023
    $2,150,000
    Value Estimations
    $1,625,000
    Show details
    Cap Rate Potential
    4.4%
    Warehouses
    Location Intelligence
    Property ID
    US09-7797785
    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

    • Warehouses

    Property Details for 5640 Boscell Cmn

    Year built
    1986
    Construction
    TILT-UP CONCRETE
    Lot size
    0.81 lot acres
    Property size
    4,844 SF
    Property type
    Warehouses
    APN
    531-221-33
    APU
    53122133

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,645,000
      ML approach
      $1,735,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,220,000
      6.5%
      $1,125,000
      7%
      $1,045,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,983,000
      Market price range: $442k - $1.98M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,340,000
      Current use
      COMMERCIAL (GENERAL)
      $2,410,000
      Change: +80% Conversion: Difficult
      OFFICE BUILDING
      $2,210,000
      Change: +65% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $2,060,000
      Change: +54% Conversion: Moderate
      MEDICAL BUILDING
      $1,915,000
      Change: +43% Conversion: Difficult
      RETAIL STORES
      $1,685,000
      Change: +26% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $1,560,000
      Change: +17% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Fremont
    County
    Alameda
    State
    California
    Longitude
    -121.977
    Latitude
    37.5067
    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
    2024
    $26,196
    $1,790,100
    $402,900
    $2,193,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $695,000
      94,080 SF

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      WAREHOUSE, STORAGE • 94,080 SF
      41300 Boyce Rd, Fremont, CA 94538-3102
      View Details
    • Value Estimation
      $1,035,000
      114,948 SF

      6120 Stewart Ave

      WAREHOUSE, STORAGE • 114,948 SF
      6120 Stewart Ave, Fremont, CA 94538-3186
      View Details
    • Value Estimation
      $585,000
      62,890 SF

      4050 Technology Pl

      WAREHOUSE, STORAGE • 62,890 SF
      4050 Technology Pl, Fremont, CA 94538-6362
      View Details
    • Value Estimation
      $700,000
      723,964 SF

      48100 Fremont Blvd

      WAREHOUSE, STORAGE • 723,964 SF
      48100 Fremont Blvd, Fremont, CA 94538
      View Details
    • Value Estimation
      $475,000
      20,160 SF

      44530 Grimmer Blvd

      WAREHOUSE, STORAGE • 20,160 SF
      44530 Grimmer Blvd, Fremont, CA 94538-6386
      View Details
    • Value Estimation
      $580,000
      16,518 SF

      45554 Industrial Pl

      WAREHOUSE, STORAGE • 16,518 SF
      45554 Industrial Pl, Fremont, CA 94538-6473
      View Details

    Similar Nearby for Sale

    • $2,500,000

      Fremont Industrial/Flex Space For Sale

      Updated office and warehouse space in a prime Fremont location.
      5560 Boscell Cmn, Fremont, CA 94538
      View Details
    • $5,500,000
      15,112 SF

      Fremont Warehouse with Yard Storage

      15,112 SF Fremont warehouse with flexible occupancy options.
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    • Contact for pricing
      69,872 SF

      New Class-A Manufacturing Facility

      69,872 SF advanced manufacturing/industrial facility with office space.
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      View Details
    • $9,000,000
      15,012 SF

      Fremont Industrial/Office Complex

      Prime location, flexible space, value-add potential.
      42501 Albrae St, Fremont, CA 94538
      View Details
    • Contact for pricing
      3,007 SF

      Fremont Warehouse in Bayside Park

      Warehouse in Class A Bayside Business Park with I-880 exposure.
      47665 Lakeview Blvd, Fremont, CA 94538
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    • Contact for pricing
      2,912 SF

      Fremont Light Industrial Corner Unit

      2,912± SF light industrial/R&D space with mezzanine and parking.
      2720-2734 Bayview Dr, Fremont, CA 94538
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,343 SF

      Fremont Warehouse Space Available

      1,343 square foot warehouse space for rent in Fremont.
      44160 Old Warm Springs Blvd, Fremont, CA 94538
      View Details
    • $2 SF/Yr
      7,441 SF

      Fremont Flex Space Available

      Move-in ready flex suites in Silicon Valley's Bayside Business Park.
      4110-4124 Clipper Ct, Fremont, CA 94538
      View Details
    • $19 SF/Yr
      600 SF

      Fremont Warehouse with Bonus Office

      1,540 SF warehouse with 600 SF bonus office space.
      4450 Enterprise St, Fremont, CA 94538
      View Details
    • $1.65 SF/Yr
      3,941 SF

      Fremont Light Industrial Space

      3,941 SF light industrial space available for lease.
      40445-40543 Encyclopedia Cir, Fremont, CA 94538
      View Details
    • Contact for pricing
      20,992 SF

      Fremont Warehouse with I-880 Frontage

      20,992 SF warehouse with office space and ample parking.
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      View Details
    • $1.75 SF/Yr
      5,320 SF

      Fremont Flex Space Near Freeways

      Flex space near I-880, I-680 & Hwy 84 available for lease.
      43640 S Grimmer Blvd, Fremont, CA 94538
      View Details
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    Fremont, CA 94538-5110
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    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
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