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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

Listed by Joshua Johnson • Marcus & Millichap

$5,195,000

Est. payment - /mo

40,291 SqFt

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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Square Footage 40,291 sqft

Price per Sqft $128

MLS Listing ID ML82057036

HOA Y/N No

Lot Size 0.925 Acres

Property Sub-Type Unimproved Land

Source Datashare MLSListings

Property Description

Large high-density residential development site in the heart of Old Town Newark. The zoning for the site allows residential development at densities between 30 dwelling units per acre and 100 dwelling units per acre. This property has the potential for 100+ apartment units if the developer uses state density bonus laws. The property is less than ten minutes drive to several major shopping centers. Costco, Safeway, Sprouts Farmers Market, Grocery Outlet, 99 Ranch, and Lion Market are all nearby. Additionally, there are dozens of restaurants, shops, and service businesses in the neighborhood. There are 15 parks and sports facilities in Newark, ranging from neighborhood parks all the way up to an indoor recreation and swimming facility. Newark is located on the San Francisco Bay and there are miles of trails along the Bay. The site is also a short drive from Coyote Hill Regional Park and several regional parks in the hills above Fremont.

Location

State CA

County Alameda

Interior

Fireplace No

Building

Lot Description Level

Water Public

Schools

School District Newark (510) 794-2141, Newark (510) 794-2141

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Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

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6940 Rich Avenue Newark, CA 94560

Patricia Beattie

Key Details

Location

Interior

Building

Schools

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