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Property profile & analytics
FOR SALE
Commercial real estate

7843 Railroad Ave Newark, CA 94560

Property ID
US09-8208274
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 Commercial real estate
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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