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- LoopNet Team
37753 Niles Blvd
Fremont, CA 94536
Niles Mixed-Use Development Potential · Land For Sale · 0.26 AC
PROPERTY FACTS
Property Type | Land | Proposed Use |
Mixed Use
|
Property Subtype | Commercial | Total Lot Size | 0.26 AC |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use |
Mixed Use
|
Total Lot Size | 0.26 AC |
Description
Marcus & Millichap is pleased to announce a prospective development opportunity on Niles Blvd in Fremont CA. A seasoned developer will benefit from the fact that it is a unique redevelopment opportunity with plenty of room for growth and cash flow shall a developer decide to own and manage once construction is complete. The project could consist of a 3 story mixed use development: 12 apartments and 2 retail tenants) (6) 3br 2.5ba units & (2) 2br 1.5ba townhome style units (1) 3br 3ba townhome (1) 2br 2.5ba & (2) Studio Units. The city of Fremont is the 4th largest city in the San Francisco Bay Area with an average household income in excess of $115,000 as of 2014. Fremont recently ranked 10th in the U.S. with the highest quality of life pursuant to a study by the Huffington Post. The San Jose Mercury recently rated Fremont as the #1 city for Tech Start-Ups. It was also voted as the #2 on the Best Run Cities in the U.S. by the 24/7 Wall Street Publication. The location of Niles Blvd Development is irreplaceable with 2.5 miles from a Bart Station, access to premier schools for tenants and access to top-rated tech firms including Tesla, Lam Research, Western Digital, Infosys among others. The city of Fremont manifests a cutting-edge city government that is business friendly which includes it property owners as there is no rent control.
PROPERTY TAXES
Parcel Number | 507-0305-003-00 | Improvements Assessment | $0 |
Land Assessment | $892,400 | Total Assessment | $892,400 |
PROPERTY TAXES
zoning
Zoning Code | TC-P (HOD) (Zoning is TC-P (HOD). FAR of 1.25, and there is potential for higher density.) |
TC-P (HOD) (Zoning is TC-P (HOD). FAR of 1.25, and there is potential for higher density.) |
Learn More About Investing in Land
Listing ID: 11371829
Date on Market: 1/25/2018
Last Updated:
Address: 37753 Niles Blvd, Fremont, CA 94536
The Land Property at 37753 Niles Blvd, Fremont, CA 94536 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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