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Corner Thornton Ave & Cabrillo Dr 4695 Thornton Ave 2,984 SF Retail Building Fremont, CA 94536 $1,999,000 ($669.91/SF)
Investment Highlights
- Hard signalized corner just off I-880
- 23,000 Traffic Count
- 18,208 SF land area [3 parcels]
- Lender owner property (REO)
- Mo-Mo Food Truck
Executive Summary
MAJOR PRICE REDUCTION! LENDER FORECLOSED ASSET. BUILDING SOLD VACANT. CLOSED SHOPPING CENTER NEXT DOOR SOLD TO DE NOVA HOMES FOR DEMOLITION & REDEVELOPMENT. Rare high traffic hard corner just off 880 Freeway. Lender owned asset. 18,208 SF land area per Assessor. Parcels 501-80-79-2, 501-80-80-7 and 501-80-80-8. 23,000 Traffic County. Zoned Mixed -Use (MX). Extensive enclosed refigeration. Heavy power.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
REO Sale
Property Type
Retail
Property Subtype
Building Size
2,984 SF
Building Class
B
Year Built
2009
Price
$1,999,000
Price Per SF
$669.91
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.42 AC
Zoning
MX - Mixed Use
Parking
10 Spaces (3.35 Spaces per 1,000 SF Leased)
Frontage
111’ on Thornton Ave
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 501-0080-079-02 | Improvements Assessment | $272,902 |
| Land Assessment | $142,183 | Total Assessment | $415,085 |
Property Taxes
Parcel Number
501-0080-079-02
Land Assessment
$142,183
Improvements Assessment
$272,902
Total Assessment
$415,085
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Corner Thornton Ave & Cabrillo Dr | 4695 Thornton Ave