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6433 Thornton Ave Lot | Résidentiel | 0,1 ha | À vendre | 1 463 938 € | Newark, CA 94560
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Heavy daytime traffic
- Near retail, schools, and public transit
- Utilities at street
- Investor-friendly location
- Flat, Buildable lot
- Three-story multifamily potential
RÉSUMÉ ANALYTIQUE
The RH zoning permits a density of approximately 6 to 14 dwelling units, depending on the layout and unit sizes. Development standards allow for 65% maximum lot coverage, 25% required landscaping, and a minimum of 100 square feet of open space per unit. A conceptual layout of 10 to 12 residential units over 3 stories (with garage parking on the ground floor) is a viable option and aligns with neighboring development patterns.
This site is surrounded by residential and community-oriented uses and is located on a main thoroughfare with nearby public transit access. Utilities are available at the street, including water, sewer, electricity, and gas. There are no existing structures on the property, making this a clean and shovel-ready site for your next project.
6433 Thornton is just minutes from Highway 84 and I-880, providing convenient access to the Peninsula, East Bay, and Silicon Valley. The location is ideal for developers targeting the strong demand for new housing in Newark and the surrounding South Bay.
Whether you're an investor, builder, or affordable housing developer, this parcel presents a rare opportunity to acquire land in a city that is actively encouraging high-density housing development. Buyer to verify all development potential directly with the City of Newark.
INFORMATIONS SUR L’IMMEUBLE
| Prix | 1 463 938 € | Type de bien | Terrain |
| Type de vente | Investissement | Sous-type de bien | Résidentiel |
| Condition de vente | Projet de requalification | Usage proposé | Logement |
| Nb de lots | 1 | Surface totale du lot | 0,1 ha |
| Zonage | R3 - Residential High Density | ||
| Prix | 1 463 938 € |
| Type de vente | Investissement |
| Condition de vente | Projet de requalification |
| Nb de lots | 1 |
| Type de bien | Terrain |
| Sous-type de bien | Résidentiel |
| Usage proposé | Logement |
| Surface totale du lot | 0,1 ha |
| Zonage | R3 - Residential High Density |
1 LOT DISPONIBLE
Lot
| Prix | 1 463 938 € | Surface du lot | 0,1 ha |
| Prix par ha | 15 072 785,89 € |
| Prix | 1 463 938 € |
| Prix par ha | 15 072 785,89 € |
| Surface du lot | 0,1 ha |
10,500 SF lot zoned RH in Newark’s Old Town Specific Plan. Build 6–14 units, including townhomes or multifamily. Up to 65% lot coverage. Utilities at street. Ideal for infill development. Buyer to verify zoning and density with City of Newark.
DESCRIPTION
6433 Thornton Avenue presents a prime redevelopment opportunity located in Newark’s Old Town Specific Plan area. The property sits on a 10,500 square foot (0.24-acre) lot and is currently improved with a fire-damaged single-family home, offering a blank canvas for builders, developers, or investors looking to capitalize on Newark’s continued push for higher-density housing. Zoned Residential High Density (RH), the site supports a variety of residential uses including attached single-family homes, duplexes, townhomes, multi-unit apartments, ADUs, and small residential care facilities. Based on zoning and development guidelines, the property can accommodate an estimated 6 to 14 residential units, depending on final design and site layout. Development Standards: -65% maximum lot coverage -25% required landscaping -100 square feet of open space per residential unit The lot is ideal for a three-story multifamily project with garage parking on the ground level, a configuration that aligns with nearby housing developments. Notably, just three lots down, the City of Newark has acquired and is actively developing a 59-unit affordable rental housing community across three adjacent parcels (6347–6375 Thornton Ave). This city-backed development is a strong indicator of Newark’s support for higher-density infill projects in this exact corridor. It also signals reduced entitlement risk and greater confidence for developers pursuing similar multifamily projects in the area. Utilities including water, sewer, gas, and electric are available at the street. The site will require demolition and regrading, but its level topography and rectangular shape make it highly buildable and developer-friendly. Located on Thornton Avenue, a key arterial with nearby transit access and high visibility, the property benefits from convenient access to I-880, Highway 84, and the Dumbarton Bridge, placing it within close commuting distance to Fremont, Palo Alto, and Silicon Valley employment centers. The area is also surrounded by schools, shopping, and other community amenities. With proven city support for high-density housing, nearby public investment in multifamily development, and strong regional demand, 6433 Thornton Avenue represents a compelling opportunity for builders and investors to deliver much-needed residential product in one of the East Bay’s most promising redevelopment zones. Buyer to verify all zoning, density, and development potential with the City of Newark. Property to be sold as-is.
Présenté par
6433 Thornton Ave
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