Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    6800 Overlake Pl Newark, CA 94560-1198

    • Warehouses
    • 142,812 SF
    • 3.06 lot acres
    OFF-MARKET
    Value Estimations
    $885,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8586729
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Public Storage / Rv Storage Facility / Storage Facility
    • The Cricket House / Sports Accessories Wholesaler

    Property Details for 6800 Overlake Pl

    Year built
    2016
    Construction
    STEEL FRAME
    Lot size
    3.06 lot acres
    Property size
    142,812 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    537-460-13
    APU
    53746013

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $885,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Alameda
    State
    California
    Longitude
    -122.056
    Latitude
    37.5455
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $229,786
    $2,433,086
    $17,278,782
    $19,711,868
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,170,000
      66,005 SF

      37444 Cedar Blvd

      MINI-WAREHOUSE, STORAGE • 66,005 SF
      37444 Cedar Blvd, Newark, CA 94560-4134
      View Details
    • Value Estimation
      $785,000
      100,554 SF

      6649 Central Ave

      MINI-WAREHOUSE, STORAGE • 100,554 SF
      6649 Central Ave, Newark, CA 94560-4300
      View Details
    • Value Estimation
      $1,275,000
      195,714 SF

      Clark Ave

      MINI-WAREHOUSE, STORAGE • 195,714 SF
      Clark Ave, Newark, CA 94560
      View Details
    • Value Estimation
      $540,000
      69,300 SF

      38290 Cedar Blvd

      MINI-WAREHOUSE, STORAGE • 69,300 SF
      38290 Cedar Blvd, Newark, CA 94560-4604
      View Details
    • Value Estimation
      $755,000
      35,330 SF

      6649 Central Ave

      MINI-WAREHOUSE, STORAGE • 35,330 SF
      6649 Central Ave, Newark, CA 94560-4300
      View Details
    • Value Estimation
      $635,000
      45,158 SF

      6730 Redeker Pl

      WAREHOUSE, STORAGE • 45,158 SF
      6730 Redeker Pl, Newark, CA 94560-4213
      View Details

    Similar Nearby for Sale

    • $10,029,095
      42,677 SF

      Prime Newark Industrial Facility

      42,677 SF Flex Space, $10M
      37620 Filbert St, Newark, CA 94560
      View Details
    • $140,000

      Newark Preschool Business Opportunity

      Thriving childcare center, excellent location.
      0 Newark California, Newark, CA 94560
      View Details
    • $1,100,000
      0.16 Acres

      Newark Medical Clinic - Investment Opportunity

      Prime Newark location, 1,148 sq ft, redevelopment potential.
      6275 Thornton Ave, Newark, CA 94560
      View Details
    • Contact for pricing
      60,862 SF

      Retail Property in Affluent Area

      Retail property with long-term leases in a high-traffic location.
      6399 Jarvis Ave, Newark, CA 94560
      View Details
    • $98,000

      Land For Sale

      Land available for sale.
      5882 Mowry School Rd, Newark, CA 94560
      View Details
    • $5,288,000
      11,744 SF

      Newark Multifamily Investment Opportunity

      16-unit apartment building near Fremont with value-add potential.
      5424 Saint Mark Ave, Newark, CA 94560
      View Details

    Similar Nearby for Lease

    • $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
    • $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
    • Contact for pricing
      22,000 SF

      Newark Warehouse Near Dumbarton Bridge

      Warehouse space with easy access to major transportation routes.
      8602-8624 Thornton Ave, Newark, CA 94560
      View Details
    • Contact for pricing
      41,000 SF

      Industrial Warehouse Space in Newark

      41,000 SF industrial warehouse space available for lease.
      37625 Sycamore St, Newark, CA 94560
      View Details
    • Contact for pricing

      Newark Warehouse Space Available

      Warehouse space available for lease in Newark, California.
      6955 Mowry Ave, Newark, CA 94560
      View Details
    • $1.55 SF/Yr
      32,450 SF

      Newark Industrial Space Available

      Industrial space for lease in Newark, California.
      39700-39714 Eureka Dr, Newark, CA 94560
      View Details
    Request Owner's contact information
    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.
    6800 Overlake Pl
    Newark, CA 94560-1198
    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
    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

    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.