$1,499,999 ($102/SF)
The Ivy Group is pleased to present for sale a prime vacant parcel located in the heart of Fremont’s Centerville Transit-Oriented District (TOD).
Zoned TC-T, the property offers exceptional flexibility for a mixed-use development or an owner/user seeking a well-located storage or staging site. The zoning allows for ground-floor commercial uses with the potential for high-density residential above, making it well-suited for developers looking to capitalize on TOD incentives and strong housing demand near the Artist Walk corridor.
The site previously supported a residential structure, which has since been demolished, and existing utilities have been stubbed to the parcel, reducing upfront development costs and accelerating project timelines. For owner/users, the cleared and serviced lot provides an immediate opportunity for secure outdoor storage, contractor yard, or interim holding use while entitlements or future development plans are pursued.
Strategically positioned near major freeways, retail centers, hospitals, schools, restaurants, and public transit, the property benefits from excellent accessibility and long-term upside in one of Fremont’s most active and evolving districts.
The vacant parcel is located in the Centerville District of Fremont, CA near the intersection of Fremont Blvd and Thornton Ave.
The area is surrounded by numerous residential homes, restaurants, schools and convenient amenities. It has easy access to highway 84, 880 and the Dumbarton Bridge.
Per a recent San Jose Business Journal article by Katie Burke, dated August 30, 2021, she noted:
“Situated along the southeastern border of the San Francisco Bay, Fremont is a short drive from the world’s largest tech hub in Silicon Valley and the strengthening biotech market along the peninsula. It’s in the center of the region’s largest industrial market, a pocket of the real estate industry that has fared well throughout the current health and economic crises largely because of the rise in e-commerce and increasing tenant demand to build out distribution networks.
But the East Bay suburb’s appeal now extends far beyond its plethora of warehouse and distribution space. Fremont officials in recent years have ramped up efforts to attract corporate tenants in the biotech, advanced manufacturing and technology sectors, all of which are expected to generate significant dividends for the region in the short- and long-term future, said Marco Cugia, CoStar’s associate director of market analytics in San Francisco.
Social media giant Facebook now encompasses more than 1 million square feet of office space in Fremont, according to CoStar data. Electric car maker Tesla houses all its manufacturing operations and more than 10,000 employees in its Fremont factory at 45500 Fremont Blvd. The city is now home to more than 1,200 high-tech, life sciences and clean technology firms, according to Fremont’s Economic Development Department.”
36800 Fremont Boulevard, Fremont, CA, USA
