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Old Town Newark Development Site 6940 Rich Ave Lot | Résidentiel | 0,37 ha | À vendre | 4 473 207 € | Newark, CA 94560
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Large development site located in the heart of Old Town Newark
- Apartment rents in Newark are up over 3.6% in the past year
- Short commute to major East Bay and Silicon Valley employment centers
- Potential to be developed with a mixed-use project up to 100 units per acre
- Ten minutes’ drive to Costco, Safeway, Sprouts Farmers Market, 99 Ranch, Grocery Outlet, and dozens of restaurants and services
Résumé analytique
6940 Rich Avenue presents a significant redevelopment opportunity in the heart of Old Town Newark, one of the East Bay's most accessible and evolving mixed-use districts. The approximately 0.92-acre site is positioned for residential or mixed-use development and benefits from zoning that supports residential densities ranging from approximately 30 to 100 dwelling units per acre. The site's development potential, combined with its central location, offers investors and developers an opportunity to capitalize on continued housing demand throughout the Bay Area.
Located within Newark's historic downtown area, the property is surrounded by a growing mix of residential, retail, dining, and neighborhood-serving commercial uses. Residents benefit from convenient access to shopping destinations including Costco, Safeway, Sprouts Farmers Market, Grocery Outlet, and 99 Ranch Market, along with numerous restaurants and service businesses throughout the surrounding area. Newark's network of parks, recreation facilities, and community amenities further enhances the appeal of the location for future residential development.
The property also benefits from excellent regional connectivity. Newark is strategically positioned between Silicon Valley and the East Bay, with convenient access to Interstate 880, State Route 84, the Dumbarton Bridge, and major employment centers throughout Fremont, Palo Alto, Menlo Park, and the broader technology corridor. Strong employment fundamentals, continued housing demand, and proximity to major job centers support the long-term development potential of the site. With flexible zoning and a location within one of the Bay Area's key growth corridors, 6940 Rich Avenue presents a compelling opportunity for future residential or mixed-use development.
Located within Newark's historic downtown area, the property is surrounded by a growing mix of residential, retail, dining, and neighborhood-serving commercial uses. Residents benefit from convenient access to shopping destinations including Costco, Safeway, Sprouts Farmers Market, Grocery Outlet, and 99 Ranch Market, along with numerous restaurants and service businesses throughout the surrounding area. Newark's network of parks, recreation facilities, and community amenities further enhances the appeal of the location for future residential development.
The property also benefits from excellent regional connectivity. Newark is strategically positioned between Silicon Valley and the East Bay, with convenient access to Interstate 880, State Route 84, the Dumbarton Bridge, and major employment centers throughout Fremont, Palo Alto, Menlo Park, and the broader technology corridor. Strong employment fundamentals, continued housing demand, and proximity to major job centers support the long-term development potential of the site. With flexible zoning and a location within one of the Bay Area's key growth corridors, 6940 Rich Avenue presents a compelling opportunity for future residential or mixed-use development.
Informations sur l’immeuble
| Prix | 4 473 207 € | Type de bien | Terrain |
| Type de vente | Investissement ou propriétaire occupant | Sous-type de bien | Résidentiel |
| Condition de vente | Projet de requalification | Usage proposé | Développement de lot unifamilial |
| Nb de lots | 1 | Surface totale du lot | 0,37 ha |
| Zonage | Commercial Mixed Use - Mixed use commercial. | ||
| Prix | 4 473 207 € |
| Type de vente | Investissement ou propriétaire occupant |
| Condition de vente | Projet de requalification |
| Nb de lots | 1 |
| Type de bien | Terrain |
| Sous-type de bien | Résidentiel |
| Usage proposé | Développement de lot unifamilial |
| Surface totale du lot | 0,37 ha |
| Zonage | Commercial Mixed Use - Mixed use commercial. |
1 Lot disponible
Lot
| Prix | 4 473 207 € | Surface du lot | 0,37 ha |
| Prix par ha | 11 950 361,62 € |
| Prix | 4 473 207 € |
| Prix par ha | 11 950 361,62 € |
| Surface du lot | 0,37 ha |
1 1
Assez praticable à pied
50/100
Exceptionnellement adapté aux voitures
90/100
Transports en commun limités
30/100
Moyennement praticable en vélo
60/100
Taxes foncières
| N° de parcelle | Évaluation des aménagements | 527 761 € | |
| Évaluation du terrain | 1 093 620 € | Évaluation totale | 1 621 381 € |
Taxes foncières
N° de parcelle
Évaluation du terrain
1 093 620 €
Évaluation des aménagements
527 761 €
Évaluation totale
1 621 381 €
Contacts
-
Joshua Johnson -
Omid Azimzadeh -
Kirk Trammell -
Mitchell Zurich -
Marcus & Millichap
1 sur 8
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
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Rue
Carte
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Présenté par
Old Town Newark Development Site | 6940 Rich Ave
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