Property profile

7843 Railroad Ave Newark, CA 94560

FOR SALE
Mixed-use properties
Property ID
US09-8208274
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Property summary

AI-generated overview

This exceptional 18,750 sq ft lot in Newark, CA, presents a remarkable development opportunity. Zoned Residential Low Density (RL), the property is approved for six single-family homes, offering a compelling investment prospect. Alternatively, existing site plans allow for the construction of a six-townhome community. Located in Alameda County, at 7843 Railroad Ave, 94560, this large parcel is conveniently situated a short 12-minute drive from Meta Headquarters, providing easy access to major employers and amenities. The asking price is $1,400,000, translating to under $235,000 per potential unit. This makes it ideal for building to sell, creating rental income, or developing a family compound. The property's potential is further enhanced by its zoning, permitting up to 15 units per acre. Prospective buyers are advised to independently verify all zoning, building requirements, and restrictions with the City of Newark building department. This is a rare opportunity to acquire a substantial parcel in a desirable location with significant development potential.

Property profile

Verified
Property type Mixed-use properties
UPID US09-8208274

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7843 Railroad Ave Newark, CA 94560
Newark metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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