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Light Industrial Condo with Mezzanine
For Sale
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21087 Cabot Blvd, Hayward, CA 94545

Light industrial condo featuring a mezzanine, one grade level door, and reserved parking.

Property Size3,000 SF
Price / SF$350
Days on Market489

Property Features for 21087 Cabot Blvd

General Information

Standard status Active
Size 3,000 SF
Property subtype INDUSTRIAL
Listing Agency: Colliers | Pleasanton
Listed By: Joe Yamin, SIOR · License #02020428
Source: Moodyscre
Added: Apr 3, 2025 Changed: Jul 25 Last Checked: Aug 3 at 1:47PM

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 Colliers | Pleasanton

Investment Insights

Based on property information with market context.

This light industrial condo totals about 3,000 square feet and includes an approximately 558-square-foot mezzanine. The unit is served by one grade level door and comes with six reserved parking spaces. Electrical service is listed as 200 amps, 220V, 3 phase power, though buyers should verify.

The property is positioned for strong street exposure, with “excellent visibility” noted on Cabot Blvd. The asset is offered for sale.

With its grade level access and built-in mezzanine, the space is set up for practical light industrial use within a condo format, supporting efficient layout options for storage and work areas.

Key Highlights

  • About 3,000 SF light industrial condo with a 558 SF mezzanine
  • One grade level door for loading and unloading
  • 200 amps, 220v, 3‑phase power (please verify)

Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $47.9k $15.96
− Vacancy −$2.6k −$0.88
EGI $45.2k $15.08
− OpEx −$6.8k −$2.26
NOI $38.5k $12.82
3,000 SF · lease $15.96/SF/yr · vacancy 5.50% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$549.4K
$480.8K – $641.0K (±1% cap)
NOI $38,460 @ 7.0% cap · market cap 3.66%
Second Best
no second resolved use
Theoretical Best
Office A
$927.4K
$811.4K – $1.08M (±1% cap)
NOI $64,915 @ 7.0% cap · market cap 6.18%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

High Class Vegetarian ... Take-out & Catering Artistic Ovens (Bike/Boat/Book/etc) Store Electric One Industries, ... Electrical Service Easytop Packaging Supply Big Box & Wholesale Store Amaya Furniture Co. Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

864
Businesses Nearby
Well-served
Demand for This Use

Demographics for 94545, CA

33,786
Population
10,439
Households
3.2
Avg Household Size
39
Median Age
34%
College-Educated
84%
High-School Grad
14.5 sq mi
ZIP Area
2,330
Density / Sq Mi
$115,258
Median Household Income
$55,874
Median Earnings
$2,426
Median Rent
$838,800
Median Home Value

Market

Properties on Market for Warehouses in Alameda County

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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?
Warehouse - Light industrial condo featuring a mezzanine, one grade level door, and reserved parking.
Where is this warehouse located?
The property is located at 21087 Cabot Blvd Hayward, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: About 3,000 SF light industrial condo with a 558 SF mezzanine; One grade level door for loading and unloading; 200 amps, 220v, 3‑phase power (please verify)
(925) 200-4687 Call to check price and availability
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