Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    24301 Southland Dr Hayward, CA 94545

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $4,186 /Mo

    Multi-tenant office building with spaces ranging from 500-5,000 SF.

    Lot size:
    3.45 Acres

    Property Features for 24301 Southland Dr

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    3.45 Acres

    Building Details

    Year built
    1969

    We can help!

    Listing Contact
    Paul Mader
    Paul Mader
    Source: Elliman

    Listing Agency: MICHAEL TANZILLO R.E. BRKR Listing Agent: Paul Mader

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Hayward Office Space For Rent

    This multi-tenant office building offers spaces for rent ranging from 500 square feet to 5,000 square feet. The property features a common conference room and free parking. It provides access to the Peninsula. A variety of office spaces are available at an asking price of $2.05 per square foot, with full-service terms.
    Location Intelligence

    Current Use by Public Records

    Integrated pain care Medical Clinic ImaTx Inc (Bike/Boat/Book/etc) Store Dr. Chrissie W. ... Dental Office La Familia Counseling ... Family Counselor Farmers Insurance - Jordan ... Insurance Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Hayward
    County
    Alameda
    State
    California
    Longitude
    -122.1052278
    Latitude
    37.6533006

    Nearby Similar for Lease

    • $36 SF/Yr
      9,846 SF

      Hayward Office Space Available

      Second-floor office space with meeting room and kitchen for rent.
      971 B St, Hayward, CA 94541
      View Details
    • $8,100 /Mo

      Downtown Hayward Office Space Available

      Office space in downtown Hayward, near transportation and amenities.
      1151 A St, Hayward, CA 94541
      View Details
    • $1,900 /Mo

      Premium Corner Office Space

      Top floor office space with private offices near Downtown.
      1260 A St, Hayward, CA 94541
      View Details
    • $2,800 /Mo

      Spacious Office with Architectural Award

      1800 SF office space with private offices and conference room.
      21550 Foothill Blvd, Hayward, CA 94541
      View Details
    • $36 SF/Yr

      Hayward Office Space Available

      Second-floor office space with meeting room and kitchen for rent.
      971 B St, Hayward, CA 94541
      View Details
    • $2,200 /Mo

      Hayward Medical Offices For Rent

      Turnkey medical offices in Hayward, ready for occupancy.
      21297 Foothill Blvd, Hayward, CA 94541
      View Details
    • $2,200 /Mo

      Turnkey Medical Offices for Lease

      Ready-to-occupy medical offices in Hayward, CA, with various features.
      21297 Foothill Blvd, Hayward, CA 94541
      View Details
    • $8,100 /Mo

      Downtown Hayward Office Space Available

      Office space in downtown Hayward, near transportation and amenities.
      1151 A St, Hayward, CA 94541
      View Details
    • $595 /Mo

      Hayward Office Spaces For Rent

      Single and multiple office spaces available in Hayward, California.
      3524 Breakwater Ave, Hayward, CA 94545
      View Details
    • $4,186 /Mo

      Hayward Office Space For Rent

      Multi-tenant office building with spaces from 500 to 5,000 SF.
      24301 Southland Dr, Hayward, CA 94545
      View Details
    • $1.25 SF/Yr

      Hayward Commercial Space Available

      Commercial space available for lease in Hayward, California.
      2265-2295 Davis Ct, Hayward, CA 94545
      View Details
    • Contact for pricing

      Hayward Office and Warehouse Space

      Office and warehouse space with dock and grade-level doors.
      21054 Alexander Ct, Hayward, CA 94545
      View Details

    FAQs

    What type of property is this?
    Office building - Multi-tenant office building with spaces ranging from 500-5,000 SF.
    Where is this office building located?
    The property is located at 24301 Southland Dr Hayward, CA.
    What is the lease rate?
    The lease rate is $4,186 /Mo.
    What are key features of this property?
    This property features: - Variety of office spaces available, from 500 sf to 5,000 sf.; - Excellent access to the Peninsula.; - Full service lease terms.
    (510) 206-3156
    Request Owner's contact information
    24301 Southland Dr Hayward, CA 94545
    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.
    24301 Southland Dr
    Hayward, CA 94545
    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
    24301 Southland Dr Hayward, CA 94545
    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
    Paul Mader
    Paul Mader
    Real Estate License ID: 00795784
    (510) 206-3156 (510) 889-9157
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!