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Property profile & analytics
OFF-MARKET Estimated value $7,780,000
Warehouses

38503 Cherry St Newark, CA 94560-4717

608,222 SF 25.13 ac lot Built 1989
Individually Owned 20-yr Hold Absentee Owner Free & Clear
Property ID
US09-8757533
Property summary
AI-generated overview

This exceptional property, Prologis Newark 9, located at 38503 Cherry St, Newark, CA 94560, offers a unique blend of executive office and warehouse space, ideal for a variety of businesses. The building boasts a total of 227,404 square feet, with 63,273 square feet currently available for lease. The space features impressive ceiling heights ranging from approximately 24 to 26 feet, providing ample vertical storage and operational flexibility. Logistics are streamlined with 19 loading docks and 48 dock-high doors, complemented by 16 drive-in doors for convenient access. The property also provides ample parking with 159 total spaces. Power is robust, with approximately 200 Amps at 277/480V. Situated in Alameda County, this multi-tenant building offers a strategic location in Newark, California. The property's combination of modern warehouse features and executive office space makes it an attractive option for companies seeking a versatile and efficient workspace. The available 63,273 square feet presents a significant opportunity for businesses needing substantial space in a prime location. Contact us today to learn more about this exceptional property and schedule a viewing.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1989
Construction TILT-UP CONCRETE
Total area 608,222 SF
Lot 25.13 ac (1,094,633 SF)
APN 92A-2300-8
UPID US09-8757533
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bennett Carpet Cleaning Service General Contractor Carpet & Flooring Store
  • Mainfreight San Francisco Transport Trucking Company
  • R.B HIGH TECH TRNSPORT / TRANSPAK Freight Service Logistics Company
  • LGW Freight Service Logistics Company
  • Rocky Solutions Inc Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.78M
Owner & transaction history
Cherry Street Ca Dct · 20 yrs held
Cherry Street Ca Dct
since 2006
6 recorded transactions
2006
Price N/A
2003
Price N/A
2000
Price N/A
1996
Price N/A
1996
Price N/A
1996
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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