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Hayward Light Industrial Redevelopment Opportunity
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29605 Pacific St, Hayward, CA 94544

1.11-acre property with redevelopment potential and in-place cash flow.

Property Size48,352 SF
Lot Size1.11 Acres
Price / SF$62.05
Days on Market170

Property Features for 29605 Pacific St

General Information

Standard status Active
Size 48,352 SF
Lot size 1.11 Acres
Property subtype Industrial, Land, Self Storage
Zoning IL
Investment Type Value Add

Building Details

Buildings 2
Stories 1
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 6:36AM

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.

This property, situated on a 1.11-acre parcel, presents a light industrial redevelopment opportunity with existing cash flow. Originally built in 1961, the property includes approximately 30,370 square feet of improvements, currently configured for small bay storage and parking income. It features drive-up access, 24-hour camera surveillance, and a gated entrance. Located in the East Bay, the property is near Oakland (19 miles), the Peninsula (24 miles), the Tri-Valley (14 miles), Silicon Valley (24 miles), and San Francisco (30 miles). Access to Interstate 880, Interstate 580, the San Mateo-Hayward Bridge, and BART stations enhances regional connectivity. The location supports tenant demand for light industrial, storage, and service-oriented uses. The property benefits from Hayward’s employment base, industrial supply, and vacancy levels. With zoning and a central infill location near employers, transportation, retail, and residential areas, the property offers potential for interim income and long-term light industrial development.

Key Highlights

  • 1.11‑acre parcel offering light industrial redevelopment opportunity with existing cash flow.
  • Strategic East Bay location with convenient access to major employment hubs.
  • Excellent transportation access via Interstates 880 and 580, San Mateo‑Hayward Bridge, and multiple BART stations.

Property Analytics

Current Use

Hayward Pacific Storage Storage Facility U-Haul Neighborhood Dealer Car Rental Facility

Suggested Use

Top Pick Real Estate Agency Law Firm 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
Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - 1.11-acre property with redevelopment potential and in-place cash flow.
Where is this self storage facility located?
The property is located at 29605 Pacific St Hayward, CA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 1.11‑acre parcel offering light industrial redevelopment opportunity with existing cash flow.; Strategic East Bay location with convenient access to major employment hubs.; Excellent transportation access via Interstates 880 and 580, San Mateo‑Hayward Bridge, and multiple BART stations.
(408) 642-0353 Call to check price and availability
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