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    Hayward Flex Building For Sale Title is generated by Realmo AI

    2492 Technology Drive, Hayward, CA 94545

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    For Sale
    $895,000

    Versatile industrial condo in Hayward's Industrial Technology Corridor.

    Type:Commercial
    Property size:
    4,300 SF
    Price / SF:
    $208/SF
    Added:
    Apr 21, 2026
    Days on Market:
    55
    Last Refresh:
    Apr 22 at 11:15 am

    Property Features for 2492 Technology Drive

    General Information

    Standard status
    Active
    Size
    4,300 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1987

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    Listing Contact
    PATRICK LAM

    Listing agent PATRICK LAM

    Listing office CENTURY 21 MASTERS

    Listing date Apr 21, 2026

    Source Corcoran

    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 CENTURY 21 MASTERS

    HighLights

    • Highly desirable location in Hayward's Industrial Technology Corridor
    • 4,300 SQFT flex building with versatile layout
    • Approximately 2,332 SQFT of ground‑floor warehouse/office space and 1,968 SQFT mezzanine
    • Excellent access to I‑880 and Highway 92 for seamless Bay Area connectivity
    • Includes one grade‑level roll‑up door and convenient parking
    • Suitable for both owner‑users and investors

    Overview

    A 4,300 square foot flex building is available for sale, presenting an opportunity to acquire an industrial condo in Hayward's Industrial Technology Corridor. The unit features approximately 2,332 square feet of ground-floor warehouse/office space and approximately 1,968 square feet of mezzanine level. The layout is suitable for a range of uses. The property includes one ADA restroom and one grade-level roll-up door. Parking is available directly in front of the unit. The location provides access to I-880 and Highway 92, offering connectivity throughout the Bay Area. The HOA fee is $268.09 per month. This property is suited for owner-users or investors seeking a well-located asset.

    Local Financial Insights For Office B

    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 $113.5k $26.40
    − Vacancy −$23.8k −$5.54
    EGI $89.7k $20.86
    − OpEx −$22.4k −$5.21
    NOI $67.3k $15.64
    4,300 SF · lease $26.40/SF/yr · vacancy 21.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $960.9K
    $840.8K – $1.12M (±1% cap)
    NOI $67,261 @ 7.0% cap · market cap 7.52%
    Second Best
    Warehouse
    $787.5K
    $689.1K – $918.8K (±1% cap)
    NOI $55,125 @ 7.0% cap · market cap 6.16%
    Theoretical Best
    Office A
    $1.33M
    $1.16M – $1.55M (±1% cap)
    NOI $93,045 @ 7.0% cap · market cap 10.40%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Pro Local Move Moving Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • SchoolFoodies — 2363 Tripaldi Way, Hayward, CA 94545
    • Kabila — 29286 Union City Blvd, Union City, CA 94587

    Location Insight

    • Map
    • Local Demand
    City
    Hayward
    County
    Alameda
    State
    California
    Longitude
    -122.0870219
    Latitude
    37.6188744

    FAQs

    What type of property is this?
    Flex space - Versatile industrial condo in Hayward's Industrial Technology Corridor.
    Where is this flex space located?
    The property is located at 2492 Technology Drive Hayward, CA.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: Highly desirable location in Hayward's Industrial Technology Corridor; 4,300 SQFT flex building with versatile layout; Approximately 2,332 SQFT of ground‑floor warehouse/office space and 1,968 SQFT mezzanine
    More about this property
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