Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Newark, CA 94560

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1.50 SF/Yr ($1,250 /Mo)

    5,000 SF warehouse space with easy access to East Bay.

    Property size:
    10,000 SF
    Lot size:
    10,000 SF

    Property Features for

    General Information

    Size
    10,000 SF

    We can help!

    Listing Contact
    Kate Wright
    Source: Corfac

    Listing Agent: Kate Wright

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Functional Warehouse Near Highway 84

    Located near Highway 84 and the Dumbarton Bridge, the property at 35325-35263 Fircrest Street offers 5,000 SF of functional warehouse space with convenient access to the greater East Bay area. The warehouse is situated in Newark’s industrial corridor, providing quick connections to Fremont, Menlo Park, and the surrounding East Bay area. The surrounding area features a mix of commercial and industrial businesses, making it suitable for logistics and distribution. The warehouse features one grade-level door (10’ x 12’), a 14’ clear height, and a newly remodeled office with a breakroom. It also includes approximately 200 Amps @ 277/480V (please verify) and is sprinklered. There is the ability to expand within the business park.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Similar Places Nearby

    Prologis, 360 Storage Center, Extra Space Storage

    Map

    City
    Newark
    County
    Alameda
    State
    California
    Longitude
    -122.045
    Latitude
    37.5187

    Nearby Similar for Lease

    • $50 SF/Yr
      1,398 SF

      Newpark Mall Road Fitness Space

      Bay Area Fitness Center - 1398 sq ft
      2086 Newpark Mall Rd, Newark, CA 94560
      View Details
    • $17 SF/Yr
      227,404 SF

      Newark Executive Office & Warehouse Space

      Prime Alameda County location, 63,273 SF available.
      38503 Cherry St, Newark, CA 94560
      View Details
    • Contact for pricing
      3,189 SF

      Newark Flex Space Available

      Flexible use laboratory space available for rent in Newark.
      5600 Mowry School Rd, Newark, CA 94560
      View Details
    • $0.99 SF/Yr
      42,677 SF

      Newark Warehouse with Heavy Office

      Warehouse with heavy office build-out and convenient highway access.
      37620 Filbert St, Newark, CA 94560
      View Details
    • $36 SF/Yr
      2,468 SF

      Balentine Plaza Retail Center

      Newark, CA: Three Suites Available
      39958 Cedar Blvd, Newark, CA 94560
      View Details
    • Contact for pricing
      344,530 SF

      Research Campus with Freeway Visibility

      Multi-tenant campus ideal for life sciences, office, and high-tech.
      7333-7999 Gateway Blvd, Newark, CA 94560
      View Details
    • $46 SF/Yr
      10,315 SF

      Newark Executive Office Suites

      Prime Newark location, flexible office space.
      39899 Balentine Dr, Newark, CA 94560
      View Details
    • Contact for pricing
      3,936 SF

      Turnkey Restaurant Space Near Mall

      Restaurant space available in mixed-use development near NewPark Mall.
      5900 Newpark Plz, Newark, CA 94560
      View Details
    • $23 SF/Yr
      52,661 SF

      Free-Standing Flex/Manufacturing Building For Rent

      52,661 SF flex/manufacturing building in institutionally owned business park.
      39745 Eureka Dr, Newark, CA 94560
      View Details
    • $1,950 /Mo

      Office Space with High Visibility

      Office space with open layout, natural light, and parking.
      6657 Thorton Ave, Newark, CA 94560
      View Details
    • $1.45 SF/Yr
      31,067 SF

      Newark Warehouse with Office Space

      31,067 SF warehouse with 6,553 SF office space available.
      6815-6851 Mowry Ave, Newark, CA 94560
      View Details
    • Contact for pricing
      53,259 SF

      Renovated Office Space Available

      Renovated office space near Pacific Research Center and Dumbarton Bridge.
      8100 Jarvis Ave, Newark, CA 94560
      View Details

    FAQs

    What type of property is this?
    Warehouse - 5,000 SF warehouse space with easy access to East Bay.
    Where is this warehouse located?
    The property is located at Newark, CA.
    What is the lease rate?
    The lease rate is $1.50 SF/Yr.
    What are key features of this property?
    This property features: - Prime industrial warehouse with yard space.; - Excellent access to Highway 84 and Dumbarton Bridge.; - 5,000 SF of functional warehouse space.
    (925) 337-1288
    Request Owner's contact information
    Newark, CA 94560
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Newark, CA 94560
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Newark, CA 94560
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kate Wright
    Real Estate License ID: CalDRE #01997870
    (925) 337-1288
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.