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Hayward Value-Add Storage Opportunity
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29509 Pacific St, Hayward, CA 94544

Value-add self-storage or light industrial development opportunity in Hayward, California.

Property Size40,000 SF
Lot Size0.92 Acres
Price / SF$80
Days on Market161

Property Features for 29509 Pacific St

General Information

Standard status Active
Size 40,000 SF
Lot size 0.92 Acres
Property subtype Industrial, Land, Self Storage
Investment Type Value Add

Building Details

Year Built 1968
Buildings 2
Stories 1
Units 167
Listing Agency: Marcus & Millichap - Palo Alto
Listed By: Matthew McCaffrey · License #02230011
Source: Crexi
Added: Mar 2 Changed: Aug 8 Last Checked: Aug 8 at 6:39AM

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 Marcus & Millichap - Palo Alto

Investment Insights

Based on property information with market context.

Hayward Pacific Mini Storage is a self-storage or light industrial development opportunity in Hayward, California. The property is situated on a 0.92-acre parcel and improved with 38 storage units totaling approximately 16,654 net rentable square feet. Constructed in 1968, the asset features drive-up access, 24-hour camera surveillance, and a secure gated entrance. The property benefits from an existing Conditional Use Permit (CUP), providing operational certainty and flexibility for continued self-storage use and potential site enhancements. The site layout offers additional upside through reconfiguration of excess parking areas, creating the opportunity to introduce portable storage units or containerized storage, thereby increasing rentable square footage. The parcel configuration and zoning flexibility also position the asset as a potential light industrial or contractor yard redevelopment opportunity. Strategically located near Interstate 880, Interstate 580, the San Mateo-Hayward Bridge, and multiple BART stations, the property offers convenient access to major Bay Area employment hubs including Oakland (19 miles), the Peninsula (24 miles), the Tri-Valley (14 miles), Silicon Valley (24 miles), and San Francisco (30 miles). With proximity to major employers, transportation corridors, retail amenities, and residential neighborhoods, Hayward Pacific Mini Storage represents an attractive opportunity for investors seeking value-add growth, expansion potential, and long-term redevelopment optionality in a supply-constrained Bay Area market.

Key Highlights

  • Value‑add self‑storage or light industrial development opportunity in the thriving East Bay market.
  • Existing Conditional Use Permit (CUP) provides operational certainty and flexibility.
  • Opportunity to increase rentable square footage and NOI growth through reconfiguration of excess parking areas.

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Pharmacy

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

625
Businesses Nearby

Demographics for 94544, CA

79,769
Population
23,990
Households
3.3
Avg Household Size
36
Median Age
27%
College-Educated
79%
High-School Grad
11.0 sq mi
ZIP Area
7,252
Density / Sq Mi
$108,358
Median Household Income
$48,926
Median Earnings
$2,339
Median Rent
$801,900
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Self storage facility - Value-add self-storage or light industrial development opportunity in Hayward, California.
Where is this self storage facility located?
The property is located at 29509 Pacific St Hayward, CA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Value‑add self‑storage or light industrial development opportunity in the thriving East Bay market.; Existing Conditional Use Permit (CUP) provides operational certainty and flexibility.; Opportunity to increase rentable square footage and NOI growth through reconfiguration of excess parking areas.
(408) 642-0353 Call to check price and availability
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