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    Property profile & analytics
    OFF-MARKET Estimated value $4,120,000
    Flex space

    8407 Central Ave, Newark, CA 94560-3431

    43,400 SF 2.49 ac lot Built 1990
    Entity Owned 16-yr Hold ~ Est. High Equity
    Property ID
    US09-6913347
    Property summary
    AI-generated overview

    This exceptional 20,700-square-foot industrial space, located at 8407 Central Ave in Newark, CA, presents a fantastic opportunity for a single tenant or can be subdivided. Situated in a Class B building constructed in 1991, this property offers a versatile layout ideal for warehousing, distribution, R&D, or light manufacturing. The first floor comprises the entire 41,400 square foot building, with 20,700 square feet currently available. Features include a spacious open floor plan, two grade-level roll-up doors for easy loading and unloading, and substantial power (2,000A 277/480V). The building boasts 11'3" ceilings and is conveniently located near Willow St, in Alameda County, with a light industrial zoning designation (APN 92-116-64). The property is a two-story building, and shared wireless internet is available. Flexible lease terms are available to accommodate various business needs. This prime Newark location offers excellent access to major transportation routes, making it an ideal choice for businesses seeking efficient logistics and distribution capabilities. The property is zoned for light industrial use and is perfect for a variety of businesses.

    Property profile
    Verified
    Property type Flex space
    Use group LIGHT INDUSTRIAL
    Year built 1990
    Construction TILT-UP CONCRETE
    Total area 43,400 SF
    Lot 2.49 ac (108,290 SF)
    APN 92-116-64
    UPID US09-6913347
    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
    • Zhong & Sanchez Accounting Firm
    • Faceautos Car Dealership
    • Smart Business Services Business Service Center
    • DoBe WE Co working space Coworking & Hybrid Office
    • Idea Campus Business To Business Service Consultant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $4.12M
    Owner & transaction history
    Sbs Dev LLC · 16 yrs held
    Sbs Dev LLC
    since 2010
    5 recorded transactions
    2019
    2010
    $2.1M
    2007
    2000
    $7.0M
    1992
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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