High-Density Development Opportunity Near
For Sale
$1,200,000
22836 Watkins St, Hayward, CA 94541
Multifamily development potential near transportation and downtown Hayward.
Property SizeContact for details
Days on Market165
Property Features for 22836 Watkins St
General Information
Standard status
Active
Property subtype
Commercial
Amenities
Corners Marked - No
Surveyed - No
Level
Regular
Listing Agency:
PACIFIC LAND BROKERS
(510) 538-7500
Listed By:
MICHAEL HEAVIN · License #00587874
Source:
Corcoran
Added: Feb 25
Changed: Aug 8
Last Checked: Aug 8 at 6:06AM
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 PACIFIC LAND BROKERS
Investment Insights
Based on property information with market context.
This property presents a high-density development opportunity with strong multifamily potential, reportedly allowing up to 16 residential units, though buyers should verify this. The owner/architect has suggested multiple development options, including a four-story, 13-unit apartment building with ground-floor commercial space, eight three-story townhouses each with an ADU, and an eight-unit condo concept with three-bedroom units. Site plans are available in the disclosures. The location is within walking distance of the B Street BART station, providing commuter access throughout the Bay Area, which may appeal to renters and condo buyers. Situated near revitalizing Downtown Hayward, the site benefits from proximity to new mixed-use projects, restaurants, retail, and cultural amenities that are expected to drive rental demand and long-term appreciation. Convenient access to I-880, I-580, and Mission Blvd (Hwy 238) ensures connectivity to Silicon Valley, Oakland, and San Francisco. The property is near Cal State East Bay, a key enrollment driver supporting consistent housing demand. Hayward encourages transit-oriented, higher-density development in its downtown corridor, and buyers should investigate potential city or county incentives and housing programs. This infill opportunity is located in a supply-constrained, transit-oriented location, potentially maximizing long-term value and return.
Key Highlights
- High‑density development opportunity allowing up to 16 residential units (buyer to verify).
- Walking distance to B Street BART, providing excellent commuter access throughout the Bay Area.
- Positioned near revitalizing Downtown Hayward with new mixed‑use projects, restaurants, retail, and cultural amenities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,990
Businesses Nearby
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Multifamily development potential near transportation and downtown Hayward.
Where is this commercial land located?
The property is located at 22836 Watkins St Hayward, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: High‑density development opportunity allowing up to 16 residential units (buyer to verify).; Walking distance to B Street BART, providing excellent commuter access throughout the Bay Area.; Positioned near revitalizing Downtown Hayward with new mixed‑use projects, restaurants, retail, and cultural amenities.
