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Investment Highlights

  • Previously entitled for an 11-unit townhome development.
  • Final tract map package prepared, potentially providing a head start for future development.
  • Proposed homes ranged from approximately 1,938 SF to 2,329 SF with 4 bedrooms, 3 bathrooms, and side-by-side 2-car garages.
  • Rare infill residential development opportunity in Fremont's highly desirable Irvington District.
  • Significant architectural, engineering, and subdivision work previously completed by current ownership.
  • Located within the attendance area of Grimmer Elementary, Horner Middle School, and Irvington High School (buyer to independently verify).

Executive Summary

HUGE PRICE REDUCTION OF $1.0M! SELLER MOTIVATED!
Rare infill residential development opportunity in Fremont's highly desirable Irvington District. Approximately 0.61 acres located at the corner of Adams Avenue and Roberts Avenue, within walking distance of the Irvington Business District/Five Corners.
The property previously received entitlements for an 11-unit townhome development consisting of tri-level residences ranging from approximately 1,938 SF to 2,329 SF, each designed with 4 bedrooms, 3.5 to 4 bathrooms, and side-by-side 2-car garages. Ownership subsequently advanced the project through architectural, engineering, and subdivision work, including preparation of a final tract map package. The project was not constructed as ownership elected to focus on other development opportunities.
Excellent Silicon Valley location with convenient access to BART, Interstate 680, Interstate 880, shopping, dining, and major employment centers. Walk Score of 78 and Bike Score of 76. Schools include Grimmer Elementary, Horner Middle School, and Irvington High School (buyer to verify attendance and school assignments with Fremont Unified School District).
Buyer to independently verify the current status of all prior approvals, entitlements, plans, and development potential.

Data Room Click Here to Access

Property Facts

Price $5,500,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 0.61 AC
No. Stories 1
Zoning R-3-18

1 Lot Available

Lot

Price $5,500,000
Price Per AC $8,995,261.95
Lot Size 0.61 AC

Previously entitled for 11 tri-level townhomes ranging in size from 1938 sf to 2329 sf, each with 4 bedrooms, 3.5 to 4 bathrooms, and side-by-side 2-car garage. Within walking distance of the Irvington Business District/Five Corners.

Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
525-0605-022-00
Land Assessment
$4,319,838
Improvements Assessment
$0
Total Assessment
$4,319,838
  • Listing ID: 25581961

  • Date on Market: 4/28/2022

  • Last Updated:

  • Address: 3800 Adams Ave, Fremont, CA 94538

Contact the Sale Advisor

3800 Adams Ave

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