Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    20999 Skywest Dr, Unit B13 Hayward, CA 94541

    Sponsored
    For Sale
    $220,000

    Commercial Property - HAYWARD, CA

    Property size:
    1,428 SF
    Lot size:
    0.03 Acres
    Days on Market:
    44
    Last Refresh:
    Feb 12 at 10:06 pm

    Property Features for 20999 Skywest Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Industrial
    Interior features
    None, Closed Circuit Monitoring (24-hour), Controlled / Secured Access
    Size
    1,428 SF
    Lot size
    0.03 Acres

    Utilities

    Cooling system
    None (Cooling)

    Building Details

    Year built
    2022
    Flooring type
    Concrete
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Sandra Jamison

    Tuscana Properties (408) 776-2430

    Listing agent Sandra Jamison (408) 776-2430 License #01847009

    Listing date Dec 31, 2025

    MLS# ML82024910 Listing URL

    Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Hayward Airport Hangar with Ground Lease

    This commercial property features a ground lease for Hangar B13 at Hayward Executive Airport (KHWD). The lease extends through 12/31/2061 and includes two 5-year renewal options. The hangar measures 42 feet wide by 34 feet deep, totaling 1428 square feet, and includes a 40-foot wide by 16-foot high electric bi-fold door manufactured by Wilson Doors in 2013. The property also features a concrete floor, fire sprinklers, and three-phase power. Buyer is responsible for CAM charges, estimated at $400-500 per month, which cover taxes, insurance, utilities, and maintenance. Additional amenities include private restrooms and ample parking. The hangar is ideally situated near taxiways A and C, making it suitable for aircraft storage or aviation business use. The lot size is approximately 0.0328 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Aviation real estate

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hayward
    County
    Alameda
    State
    California
    Longitude
    -122.1190007
    Latitude
    37.6604017

    Nearby Similar for Sale

    • $550,000
      3,768 SF

      World Famous Turf Club

      High-profile legacy business with full bar and liquor license.
      22519 Main St, Hayward, CA 94541
      View Details
    • $1,250,000
      Pending

      Hayward Fourplex: Investment Opportunity

      Well-maintained Hayward fourplex with desirable unit mix and convenient location.
      224 Flanders Ct, Hayward, CA 94541
      View Details
    • $1,189,000
      2,010 SF

      Hayward Duplex in Fairway Greens

      Clean duplex with income potential near highway 880.
      30236 Vanderbilt St, Hayward, CA 94544
      View Details
    • New
      $800,000
      1,152 SF

      Hayward Duplex with Private Yards

      Well-located duplex in Hayward with private fenced yards.
      730 W Sunset Blvd, Hayward, CA 94541
      View Details
    • $3,800,000
      Pending

      Hayward Adult Residential Facility

      Adult residential facility with 32 beds in Hayward, California.
      263 Medford Ave, Hayward, CA 94541
      View Details
    • $1,719,000
      3,200 SF

      Hayward Fourplex in Desirable Area

      Income-producing fourplex with renovated units and tenant-paid utilities.
      250 Schafer Rd, Hayward, CA 94544
      View Details
    • $1,372,798
      3,465 SF

      Hayward Multifamily Investment Opportunity

      Five-unit property near transportation with long-term tenants.
      22241 S Garden Ave, Hayward, CA 94541
      View Details
    • New
      $1,372,798
      3,465 SF

      Hayward Multifamily Investment Opportunity

      Five-unit property near transportation with long-term tenants.
      22241 S Garden Ave, Hayward, CA 94541
      View Details
    • $975,000
      1,802 SF

      Hayward Triplex with Updated Units

      Well-maintained triplex near downtown Hayward with updated kitchens and laundry.
      537 Dean St, Hayward, CA 94541
      View Details
    • $1,795,000

      Castro Valley Commercial Property For Sale

      Highly visible commercial property with flexible zoning and high traffic.
      1448 A St, Hayward, CA 94546
      View Details
    • $7,000,000
      24,092 SF

      Hayward Auto Shop Investment Opportunity

      Established auto dealership in Hayward, CA with high return potential.
      Address Not Disclosed, Hayward, CA
      View Details
    • $1,065,000
      3,901 SF

      Castro Valley Commercial Buildings For Sale

      Three renovated commercial buildings on a single parcel in Castro Valley.
      1570 A St, Hayward, CA 94546
      View Details

    FAQs

    What type of property is this?
    Aviation real estate - Hangar with ground lease through 2061 at Hayward Executive Airport.
    Where is this aviation real estate located?
    The property is located at 20999 Skywest Dr, Unit B13 Hayward, CA.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: - Ground lease through 2061 with two 5-year renewal options.; - **42W x 34D hangar with 40W x 16H electric bi-fold door.**; - Ideally located near taxiways A & C at Hayward Executive Airport (KHWD).
    (408) 776-2430
    Request Owner's contact information
    20999 Skywest Dr, Unit B13 Hayward, CA 94541
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    20999 Skywest Dr, Unit B13
    Hayward, CA 94541
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20999 Skywest Dr, Unit B13 Hayward, CA 94541
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Sandra Jamison
    Real Estate License ID: 01847009
    (408) 776-2430
    Learn more
    Google sign-in failed. Please try again or use another login method.