Divided Auto Shop
For Sale
$2,250,000
21059-21065 Foothill Blvd., Hayward, CA 94541
The property features a divided configuration within a building dating to 1957.
Property Size6,600 SF
Days on Market105
Property Features for 21059-21065 Foothill Blvd.
General Information
Standard status
Active
Size
6,600 SF
Property subtype
Industrial
Building Details
Building Size
6,600 SF
Year Built
1957
Listing Agency:
Lee & Associates - Oakland
Listed By:
Wesley Dolan · License #2129144
(626) 616-3502
Source:
Lee-associates
Added: Jul 3
Changed: Oct 10
Last Checked: Oct 14 at 9:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Oakland
Investment Insights
Based on property information with market context.
This auto shop property is located at 21059-21065 Foothill Blvd. in Hayward, California. The building was constructed in 1957 and is arranged in a divided configuration.
Key Highlights
- Auto shop property in Hayward, CA
- Building constructed in 1957
- Divided interior configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,709
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,834,180
$1.8M
Cap Rate 7%
$1,310,129
$1.3M
Cap Rate 9%
$1,018,989
$1.0M
Market Conditions
NOI Build-Up for 6,600 SF
Gross rent
$142.6K $21.60/SF
− Vacancy
−$11.5K −$1.75/SF
EGI
$131.0K $19.85/SF
− OpEx
−$39.3K −$5.96/SF
NOI
$91.7K $13.90/SF
Area
Hayward, CA
Vacancy
8.10%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,834,180
Cap Rate 7%
$1,310,129
Cap Rate 9%
$1,018,989
Alternative Uses
Best Use
Retail
$1.31M
$1.15M – $1.53M
NOI $91,709 @ 7.0% cap · market cap 4.08%
Second Best
Industrial
$995.4K
$871.0K – $1.16M
NOI $69,680 @ 7.0% cap · market cap 3.10%
Theoretical Best
Office A
$2.04M
$1.79M – $2.38M
NOI $142,813 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,006
Businesses Nearby
31k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 80%
Shops & Services 16%
Electronics 4%
Jack in the Box
Dining
13,164 visits/mo
0.5 miles
Carl's Jr.
Dining
7,064 visits/mo
0.2 miles
Dollar Tree
Shops & Services
4,158 visits/mo
0.2 miles
SUBWAY
Dining
3,645 visits/mo
0.2 miles
Cricket Wireless Authorized Retailer
Electronics
1,190 visits/mo
0.3 miles
Demographics for 94541, CA
69,736
Population
23,217
Households
3
Avg Household Size
36
Median Age
30%
College-Educated
82%
High-School Grad
7.5 sq mi
ZIP Area
9,298
Density / Sq Mi
$106,556
Median Household Income
$52,023
Median Earnings
$2,229
Median Rent
$781,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Auto shop - The property features a divided configuration within a building dating to 1957.
Where is this auto shop located?
The property is located at 21059-21065 Foothill Blvd. Hayward, CA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Auto shop property in Hayward, CA; Building constructed in 1957; Divided interior configuration
