6940 Rich AVE, Newark, CA 94560
6940 Rich AVE, Newark, CA 94560
6940 Rich AVE, Newark, CA 94560
6940 Rich AVE, Newark, CA 94560
6940 Rich AVE, Newark, CA 94560
6940 Rich AVE, Newark, CA 94560
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$ 5,195,000
Est. payment | /mo

0.93 Acres Lot


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$ 5,195,000
Est. payment | /mo
Save

0.93 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82057036

HOA Y/N No

Lot Size 0.925 Acres

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

Area 699 - Not Defined

Zoning CMU, Commercial Mixed Use

Interior

Fireplace No

Exterior

Fence Chain Link

Utilities Available Electricity Available

View Y/N No

Present Use Commercial

Building

Lot Description Level

Sewer Public Sewer

Water Public

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

School District Other

Others

Tax ID 092005200104

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Joshua Johnson Marcus & Millichap #01930127
Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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6940 Rich AVE

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