6940 Rich Avenue, Newark, CA, 94560

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$5,195,000
43 Days On Site

6940 Rich Avenue
Newark, CA 94560

For Sale|Land|Active
County:
Alameda
Listed by Joshua Johnson of Marcus & Millichap joshua.johnson@marcusmillichap.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
6940 Rich Avenue6940 Rich Avenue6940 Rich Avenue6940 Rich Avenue
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Monthly Payment (Est.)

$23,702
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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.

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Listing Snapshot
Price 
$5,195,000
Days On Site 
43 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.925 Acres
Year Built 
N/A
MLS® Number 
ML82057036
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.925
Additional Property Use 
Commercial
Sewer 
Public Sewer
Special Circumstances 
Standard
Utilities 
Electricity Available
Water Source 
Public
Zoning 
CMU, Commercial Mixed Use
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Exterior Features
Fencing 
Chain Link
Lot Features 
Level
Community Features
MLS Area 
699 - Not Defined
School District 
Other
Schools
School District
Other
Elementary School
Other
Middle School
Other
High School
Other


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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