37243 Filbert St Newark, CA 94560
Property Features for 37243 Filbert St
General Information
- Size
- 31,360 SF
Source:
Naiglobal
Listing Agent: Alex Barker
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Newark Multifamily Development Opportunity
Located in Newark, CA, 37243 Filbert Street presents an investment opportunity. The property features a proposed 31,360 square foot building across 6 parcels on an approximately 41,861 square foot lot. The property is suited for multifamily and high-rise investors. The property includes a permit set, previously entitled and approved, and ready to pull permits. The project includes 16 townhouse-style units, averaging approximately 2,260 square feet per unit, presenting a multiresidential development opportunity. An old construction bid was roughly $10M. The property benefits from direct access to I-880, Dumbarton Bridge (SR-84), and the Fremont BART station, providing commutes to Palo Alto, Menlo Park, Mountain View, and other major tech hubs. Newark attracts working professionals and families due to its affordability and location within the East Bay-Silicon Valley corridor.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Residential land & home ...
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- Alameda
- State
- California
- Longitude
- -122.0378214
- Latitude
- 37.5270138
Nearby Similar for Sale
FAQs
What type of property is this?
Land - Permitted land for 16 townhouse-style units in Newark, CA.
Where is this land located?
The property is located at 37243 Filbert St Newark, CA.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: - Permit-ready: Previously entitled and approved with a permit set, ready to pull permits for immediate development.; - Sizeable Development: Proposed 31,360 SF building on an approx. 41,861sf+/- lot, ideal for multifamily development.; - 16 Townhouse-Style Units: Project includes 16 townhouse-styled units, averaging approx. 2,260sf+/- per unit.