New search
Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Auto shops
6565 Central Ave, Newark, CA 94560-3932
Individually Owned
8-yr Hold
Free & Clear
Property ID
US09-7817966
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2001
Construction
WOOD
Total area
10,112 SF
Lot
0.8 ac (34,966 SF)
APN
92-75-8
UPID
US09-7817966
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
-
ACC Auto Collision Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$865k
Owner & transaction history
Sung H Choe · 8 yrs held
Sung H Choe
since 2018
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$86 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$32,228
Tax year 2023
Assessed value
$2,745,785
Assessed 2024
Previous assessed
$2,691,954
+2.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,104,626
Assessed improvement
$1,641,159
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2001
Construction
WOOD
Heating
NONE
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
10,112 SF
Lot
0.8 ac (34,966 SF)
APN
92-75-8
UPID
US09-7817966
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
WOOD
Heating
NONE
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.8 ac
Current owner
From public records · entity-resolved
Sung H Choe
Individual
Free & Clear · 8 yrs held
Mailing address
6565 CENTRAL AVE, NEWARK, CA 94560-3932
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2019
—
Sung Hwan Choe
—
Deed
related
$1,377,938 · Wells Fargo Bank NA
Feb 5, 2018
—
Sung H Choe
Choe,sung H
Quit Claim Deed
related
—
Aug 15, 2008
—
Stuart P Levin
Levin Auto Ents INC
Quit Claim Deed
related
—
Aug 15, 2008
$2,175,000
Sung H Choe
Levin,stuart P & Sheila A
Grant Deed
—
Oct 28, 2004
$1,525,000
Stuart P Levin
Amarante,tony O
Grant Deed
$759,000 · Cit Lending Services Corp
Aug 26, 1999
$1,200,000
Tony O Amarante
Toyon Trust
Grant Deed
$960,000 · Heritage Bank Of Commerce
Aug 26, 1999
—
Tony O Amarante
Amarante,leann L
Quit Claim 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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