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Property profile & analytics
FOR LEASE
Life science properties
39655 Eureka Dr Newark, CA 94560
Individually Owned
10-yr Hold
Free & Clear
Property ID
US09-8108800
For Lease
1 / 4
$21 SF/Yr
39655 Eureka Dr, Newark, CA 94560
View Listing →
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
2001
Construction
TILT-UP CONCRETE
Total area
88,334 SF
Lot
4.86 ac (211,734 SF)
APN
901-185-52
UPID
US09-8108800
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
-
ANDREAS MATTHIAS KOGELNIK Physician
-
Ace Vision Eye Care Center
-
Arissa Medical Production Facility
-
ViOptix Inc Medical Supply Store Corporate Office
-
INCUMEDx INC. Research And Product Development
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$690k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$642k
Blend (final)
Blend
$665k
Owner & transaction history
Teachers Ins & Annuity Assn Of Am · 10 yrs held
Teachers Ins & Annuity Assn Of Am
since 2015
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Newark submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newark submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$690,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$665k
Range $599k – $732k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$8 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$161,239
Tax year 2024
Assessed value
$13,577,390
Assessed 2024
Previous assessed
$13,577,390
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$3,685,938
Assessed improvement
$9,891,452
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
For Lease
Year built
2001
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Units
1
Rooms
150
Bathrooms
6
Total area
88,334 SF
Lot
4.86 ac (211,734 SF)
APN
901-185-52
UPID
US09-8108800
Jurisdiction
ALAMEDA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2001
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Units
1
Rooms
150
Bathrooms
6
Lot
4.86 ac
Current owner
From public records · entity-resolved
Teachers Ins & Annuity Assn Of Am
Individual
Free & Clear · 10 yrs held
Mailing address
PO BOX 30428, CHARLOTTE, NC 28230-0428
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2015
$41,432,000
Teachers Ins & Annuity Assn Of Am
Brcp Stevenson Point LLC
Grant Deed
—
Jun 30, 2014
—
Brcp Stevenson Point LLC
—
Loan Modification
related
$20,555,798 · Wells Fargo Bk
Apr 18, 2012
—
Brcp Stevenson Point LLC
—
Deed Of Trust
related
$20,558,092 · Wells Fargo Bank
Aug 4, 2011
—
Brcp Stevenson Point LLC
—
Deed Of Trust
related
$20,557,992 · Wells Fargo Bank
Jul 28, 2006
—
Brcp Stevenson Point LLC
Metropolitan Life Insurance
Grant Deed
—
May 15, 2002
—
Metropolitan Life Insurance
Gal-lpc Stevenson Blvd LP
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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