

13 Unit Near Shovel Ready Development in Fremont
Land | 0.79 acres
Marketing description
Davide F. Pio of BCRE and Doulat Rijhwani of Intero Real Estate Services are proud to present the near “shovel ready” land development at 36341 Mission Blvd., CA for sale. The development presents an excellent opportunity for an investor to bypass nearly all soft cost and time associated with the high barrier to entry that exists the San Francisco Bay Area.
The land totaling 0.79 acres (34,276 Sq. Ft.) has nearly completed all items for full entitlements for 13 townhouse units to be sold at market rate in an ever-rising housing market which continues to climb higher even in an elevated interest rate environment. Reserve studies demonstrate the HOA’s at $212/unit/month average, and the consistent short supply of housing ensure that the remaining project can be taken by a developer to profitability.
In addition, California’s AB 1286 allows developers up to 100% bonus density. This allows flexibility in that the developer can continue the project as it stands, or proceed with the additional density for a potentially higher yielding project.
Fremont has been rated #1 in the USA for Happiest Cities for it’s 5th consecutive year per WalletHub for a multitude of reasons including it’s high quality schools, proximity to job centers in San Francisco, San Jose/Silicon Valley, and to Palo Alto’s Stanford. The development is one block from California’s Nursery Historical Park and just minutes to the Alameda Creek Regional Trail. Downtown Fremont, Amtrak + Bart, and freeway access is a short drives distance.
Investment highlights
Reduced Risk Near “Shovel Ready” Status - Owner has completed nearly all architectual and site related soft costs including nearly all “Letter of Requirements” from City of Fremont.
Excellent Core Suburban Bay Area Location - Rated #1 in the USA for Happiest City per WalletHub for 5 consecutive years, Fremont has continuously been a high demand residential market.
Ease of Transportation - Site is minutes of Highways 880, 680, 84, and 92 in addition to a short trive to both the Fremont Amtrak and Bart stations.
AB 1286 Bonus Density Potential - Potential for 28 units using California’s AB 1286 Bonus Density.
Listing Contacts


Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?














