Medical Office
For Sale
Contact for pricing
21297 Foothill Blvd., Hayward, CA 94541
Private rooms, reception areas and an elevator serve the building’s medical office layouts.
Property Size9,423 SF
Price / SF$0.23
Days on Market347
Property Features for 21297 Foothill Blvd.
General Information
Standard status
Active
Size
9,423 SF
Elevators
Yes
Property subtype
Comm Ind For Lease
Site & Location
Neighborhood
North Hayward
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Additional Details
Condition
Turnkey
Property Use
Medical Office
Building Details
Year Built
1965
Buildings
1
Listing Agency:
Coldwell Banker Realty
Listed By:
Faz Binesh · License #1116278
(510) 608-7691
Source:
Jpnrealty
Added: Nov 19, 2025
Changed: Nov 1
Last Checked: Oct 31 at 9:12PM
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 Coldwell Banker Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Medical office space is available in 1100 and 2500 SF configurations. Both layouts include a lobby, reception areas and private rooms; many private rooms have sinks. The 2500 SF suite has 8 rooms, an office, bathrooms and a shower. The building was constructed in 1965 and has an elevator.
The property fronts a major road in Hayward, near Hwy 238, I-580 and I-880. The Hayward BART station and other transportation are within minutes. The surrounding population centers include Hayward, San Lorenzo, San Leandro and Castro Valley.
The property fronts a major road in Hayward, near Hwy 238, I-580 and I-880. The Hayward BART station and other transportation are within minutes. The surrounding population centers include Hayward, San Lorenzo, San Leandro and Castro Valley.
Key Highlights
- Medical office configurations of 1100 and 2500 sf
- The 2500 sf layout includes 8 rooms, an office, bathrooms and a shower
- Many private rooms have sinks
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$147,395
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,947,900
$2.9M
Cap Rate 7%
$2,105,643
$2.1M
Cap Rate 9%
$1,637,722
$1.6M
Market Conditions
NOI Build-Up for 9,423 SF
Gross rent
$248.8K $26.40/SF
− Vacancy
−$52.2K −$5.54/SF
EGI
$196.5K $20.86/SF
− OpEx
−$49.1K −$5.21/SF
NOI
$147.4K $15.64/SF
Area
Hayward, CA
Vacancy
21.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,947,900
Cap Rate 7%
$2,105,643
Cap Rate 9%
$1,637,722
Alternative Uses
Best Use
Healthcare Medical
$2.31M
$2.02M – $2.69M
NOI $161,405 @ 7.0% cap · market cap 7,336.59%
Second Best
Office B
$2.11M
$1.84M – $2.46M
NOI $147,395 @ 7.0% cap · market cap 6,699.77%
Theoretical Best
Office A
$2.91M
$2.55M – $3.40M
NOI $203,899 @ 7.0% cap · market cap 9,268.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,008
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Harvey Carolynn DVM — 20877 Foothill Blvd, Hayward, CA 94541
- Marmolejo George D DVM — 20877 Foothill Blvd, Hayward, CA 94541, United States
- Chabot Veterinary Clinic — 20877 Foothill Blvd, Hayward, CA 94541
- Castro Valley Animal Hospital — 2837 Castro Valley Blvd, Castro Valley, CA 94546
Frequently Asked Questions
What type of property is this?
Medical Office Space - Private rooms, reception areas and an elevator serve the building’s medical office layouts.
Where is this medical office space located?
The property is located at 21297 Foothill Blvd. Hayward, CA.
What are key features of this property?
This property features: Medical office configurations of 1100 and 2500 sf; The 2500 sf layout includes 8 rooms, an office, bathrooms and a shower; Many private rooms have sinks
