Corner Flex Space with
New
For Sale
$799,000
30995 Huntwood Avenue 301, Hayward, CA 94544
High-ceiling warehouse area and grade-level loading support flexible commercial use.
Property Size2,328 SF
Price / SF$343.21
Days on Market3
Property Features for 30995 Huntwood Avenue 301
General Information
Standard status
Active
Size
2,328 SF
Total Parking Spaces
5
Zoning
Industrial Park
Warehouse & Industrial
Warehouse Space
2,148 SF
Drive-In Doors
1
Power
200 amps
Three-Phase Power
Yes
Additional Details
Highway Access
Yes
Building Details
Year Built
1987
Listing Agency:
Compass
(650) 375-1111
Listed By:
Rico Bautista · License #00898958
(650) 787-4800
Source:
Kaleorealestate
Added: Sep 10
Last Checked: Sep 12 at 6:16AM
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 Compass
Investment Insights
Based on property information with market context.
Unit 301 at Balch Business Center IV is a 2,328-square-foot flex condominium with a 2,148-square-foot warehouse area, high ceilings, and a grade-level roll-up door. The corner unit receives natural light and includes 200-amp, 3-phase power, five deeded parking spaces, and Industrial Park zoning. The layout accommodates commercial and light-industrial operations.
The property is positioned along Huntwood Avenue in Hayward, with access to I-880 and Highway 92. It is located within the Hayward/Union City industrial submarket and offers an owner-user or investment property format within an established commercial condominium association built in 1987.
The property is positioned along Huntwood Avenue in Hayward, with access to I-880 and Highway 92. It is located within the Hayward/Union City industrial submarket and offers an owner-user or investment property format within an established commercial condominium association built in 1987.
Key Highlights
- 2,328‑square‑foot flex condominium unit
- 2,148‑square‑foot warehouse area with high ceilings
- Grade‑level roll‑up loading door
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,845
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$596,900
$596.9K
Cap Rate 7%
$426,357
$426.4K
Cap Rate 9%
$331,611
$331.6K
Market Conditions
NOI Build-Up for 2,328 SF
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.
Gross rent
$37.2K $15.96/SF
− Vacancy
−$2.0K −$0.88/SF
EGI
$35.1K $15.08/SF
− OpEx
−$5.3K −$2.26/SF
NOI
$29.8K $12.82/SF
Area
Hayward, CA
Vacancy
5.50%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$596,900
Cap Rate 7%
$426,357
Cap Rate 9%
$331,611
Alternative Uses
Best Use
Warehouse
$426.4K
$373.1K – $497.4K
NOI $29,845 @ 7.0% cap · market cap 3.74%
Second Best
Industrial
$351.1K
$307.2K – $409.6K
NOI $24,578 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$719.6K
$629.7K – $839.6K
NOI $50,374 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,040
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - High-ceiling warehouse area and grade-level loading support flexible commercial use.
Where is this flex space located?
The property is located at 30995 Huntwood Avenue 301 Hayward, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 2,328‑square‑foot flex condominium unit; 2,148‑square‑foot warehouse area with high ceilings; Grade‑level roll‑up loading door
