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    37620 Filbert St Newark, CA 94560

    Sponsored
    For Sale
    $10,029,095

    42,677 SF Flex Space, $10M

    Property size:
    42,677 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 42,677-square-foot industrial property in Newark, California, presents a unique investment opportunity. Built in 2001, this single-story facility boasts a substantial 20-22 foot minimum clear ceiling height and features a heavy office build-out. The property includes four grade-level doors (currently glassed over), a fully sprinklered system, and a 2,000-amp, 480-volt electrical service (tenant/buyer to verify). Situated on a 2.18-acre lot, the building offers a sizable rear yard. Its strategic location provides immediate access to Highway 84 via Thornton Avenue, placing it within easy reach of major transportation hubs and employment centers. The property is conveniently located just 4 miles from Fremont, 16 miles from San Jose International Airport (SJC), 19 miles from Oakland International Airport (OAK), 20 miles from Silicon Valley, 26 miles from San Francisco International Airport (SFO), and 37 miles from San Francisco. This NNN-leased, single-tenancy property offers a compelling combination of size, functionality, and location, making it an ideal investment for a variety of users. The asking price is $10,029,095, translating to $304.61 per square foot. The property is zoned for flex, R&D, and manufacturing uses. Cross street is Central Avenue.

    Property Features for 37620 Filbert St

    General Information

    Property type
    Life science properties
    Square Feet
    42,677 SF
    Lot Size
    94,961 SF

    Building Details

    Year Built
    2001
    Stories
    1

    HighLights

    • 42,677 SF industrial building in Newark, CA.
    • Heavy office build‑out.
    • Four grade‑level doors (currently glassed).
    • 20‑22' minimum clear height.
    • Fully sprinklered; 2,000‑amp, 480‑volt electrical service (tenant/buyer to verify).
    • Rear yard on a 2.18‑acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tri-Cities Community Development ... Charity

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Alameda
    State
    California
    Longitude
    -122.0346521
    Latitude
    37.5234057

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    FAQs

    What type of property is this?
    Life science property - 42,677 SF Flex Space, $10M
    Where is this life science property located?
    The property is located at 37620 Filbert St Newark, CA.
    What is the asking price?
    The asking price for this property is $10,029,095.
    What are key features of this property?
    This property features: 42,677 SF industrial building in Newark, CA.; Heavy office build-out.; Four grade-level doors (currently glassed).
    Request Owner's contact information
    37620 Filbert St Newark, CA 94560
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    Newark, CA 94560
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    Realmo Value Estimation

    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.

    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.

    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
    37620 Filbert St Newark, CA 94560
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