Automotive Service and Gated
For Sale
$1,495,000
22357 Mission Boulevard, Hayward, CA 94541
Two adjacent auto-service and retail parcels with a secure gated parking lot and on-site building improvements.
Property Size11,750 SF
Lot Size0.37 Acres
Price / SF$127.23
Days on Market53
Property Features for 22357 Mission Boulevard
General Information
Standard status
Active
Size
11,750 SF
Lot size
0.37 Acres
Property subtype
Commercial
Zoning
MB-CN
Occupancy
100%
Additional Details
Road Access
Yes
Building Details
Year Built
1934
Tenancy
Single
Listing Agency:
CITY REAL ESTATE
(415) 325-2295
Listed By:
PHIL SHELL
Source:
Corcoran
Added: Jun 9
Changed: Jul 10
Last Checked: Jul 31 at 6:13AM
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 CITY REAL ESTATE
Investment Insights
Based on property information with market context.
This offering includes two adjacent commercial parcels centered on the primary building at 22357 Mission Blvd. The primary site has approximately 11,750 square feet of improved building area on a 0.27-acre parcel. An adjacent secondary parcel at 851 Melvin Ct adds a secure, gated parking lot on a 4,463-square-foot lot, along with an additional approximately 960-square-foot structure.
The combined configuration is positioned as a corner layout with frontage on Mission Boulevard and secondary access from Melvin Court. Public records identify both parcels for commercial auto-service/retail use, and the properties are listed under MB-CN zoning. A single tenant occupies the entire property, and the tenant has completed a full interior buildout along with an electrical service upgrade during its tenancy.
For an owner-user or automotive operator, the property’s existing buildout and electrical improvements support continued use within the auto-service/retail framework identified in public records. The secondary parcel provides additional flexibility for storage or supplemental operations, and it may support future redevelopment plans subject to buyer verification and municipal approvals. For investors, the existing modified gross lease has four years remaining.
The combined configuration is positioned as a corner layout with frontage on Mission Boulevard and secondary access from Melvin Court. Public records identify both parcels for commercial auto-service/retail use, and the properties are listed under MB-CN zoning. A single tenant occupies the entire property, and the tenant has completed a full interior buildout along with an electrical service upgrade during its tenancy.
For an owner-user or automotive operator, the property’s existing buildout and electrical improvements support continued use within the auto-service/retail framework identified in public records. The secondary parcel provides additional flexibility for storage or supplemental operations, and it may support future redevelopment plans subject to buyer verification and municipal approvals. For investors, the existing modified gross lease has four years remaining.
Key Highlights
- Central Hayward offering of two adjacent commercial parcels along Mission Blvd, with Mission Blvd frontage and access from Melvin Ct.
- Primary building at 22357 Mission Blvd: approx. 11,750 SF on a 0.27‑acre parcel (built in 1934).
- Adjacent parcel at 851 Melvin Ct: secure gated parking lot plus an additional approx. 960 SF structure.
Financial Insights For Industrial
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 | $187.5k | $15.96 |
| − Vacancy | −$10.3k | −$0.88 |
| EGI | $177.2k | $15.08 |
| − OpEx | −$53.2k | −$4.52 |
| NOI | $124.1k | $10.56 |
11,750 SF · lease $15.96/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.33M
$2.04M – $2.72M
NOI $163,270 @ 7.0% cap · market cap 10.92%
Second Best
Industrial
$1.77M
$1.55M – $2.07M
NOI $124,051 @ 7.0% cap · market cap 8.30%
Theoretical Best
Office A
$3.63M
$3.18M – $4.24M
NOI $254,251 @ 7.0% cap · market cap 17.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,199
Businesses Nearby
Well-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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Mangale Motors — 24588 Mission Blvd, Hayward, CA 94544
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- CALDERON QUALITY TIRES #2 — 536 Jackson St, Hayward, CA 94544
- Save Auto Glass — 391 Winton Ave, Hayward, CA 94544
Frequently Asked Questions
What type of property is this?
Auto shop - Two adjacent auto-service and retail parcels with a secure gated parking lot and on-site building improvements.
Where is this auto shop located?
The property is located at 22357 Mission Boulevard Hayward, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Central Hayward offering of two adjacent commercial parcels along Mission Blvd, with Mission Blvd frontage and access from Melvin Ct.; Primary building at 22357 Mission Blvd: approx. 11,750 SF on a 0.27‑acre parcel (built in 1934).; Adjacent parcel at 851 Melvin Ct: secure gated parking lot plus an additional approx. 960 SF structure.
