Stone Fabrication Showroom and
For Sale
$1,500,000
3111 Depot Road, Hayward, CA 94545
Leased showroom and machining facilities with office, storage, and CNC fabrication equipment included in the sale.
Property Size12,600 SF
Price / SF$119.05
Days on Market125
Property Features for 3111 Depot Road
General Information
Standard status
Active
Size
12,600 SF
Total Parking Spaces
11
Property subtype
Business Opportunity
Lease Term
Renewal Option
Additional Details
Business Included
Yes
Highway Access
Yes
Amenities
11-15 Ft Ceilings
Accessible Entrance, Accessible Doors
Off Street
Building Details
Building Size
12,600 SF
Year Built
1972
Stories
1
Listing Agency:
AMBIANCE REAL ESTATE
Listed By:
Jason Chu
(415) 377-7893
Source:
Evrealestate
Added: May 6
Changed: Sep 3
Last Checked: Sep 6 at 3:59AM
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 AMBIANCE REAL ESTATE
Investment Insights
Based on property information with market context.
This stone fabrication business for sale includes a showroom that was recently expanded into a third unit, along with office space, storage, and a large machining shop. The operation is currently in a leased location that has been in place for nearly 15 years, following 11 years in a prior facility. The onsite improvements are distributed across two structures, supporting both customer-facing showroom activity and fabrication operations.
The facility is located near multiple Bay Area freeways, providing easy access to points throughout the region. The landlord relationship is described as solid, and the sale includes an itemized transfer of machinery, equipment, vehicles, and inventory, along with business goodwill and branding.
Included equipment examples feature a Breton NC-400 CNC Machiworks, described as capable of cutting intricate edges with precision laser capability. The firm also references specialty custom edging work as being produced with its equipment. A non-disclosure agreement will be required for release of confidential information, and prospective buyers should provide evidence of financial ability and technical acumen prior to more detailed disclosure and discussion.
The facility is located near multiple Bay Area freeways, providing easy access to points throughout the region. The landlord relationship is described as solid, and the sale includes an itemized transfer of machinery, equipment, vehicles, and inventory, along with business goodwill and branding.
Included equipment examples feature a Breton NC-400 CNC Machiworks, described as capable of cutting intricate edges with precision laser capability. The firm also references specialty custom edging work as being produced with its equipment. A non-disclosure agreement will be required for release of confidential information, and prospective buyers should provide evidence of financial ability and technical acumen prior to more detailed disclosure and discussion.
Key Highlights
- Stone fabrication business for sale in Hayward, CA with nearly 15 years operating at the current leased location (11 years in a prior location).
- Expanded showroom into a third unit, adding office space, storage, and a large machining shop across two structures on site.
- Equipment included in the sale will be itemized and transferred, along with machinery, equipment, vehicles, and inventory.
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
$133,025
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
8.87%
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%
$2,660,500
$2.7M
Cap Rate 7%
$1,900,357
$1.9M
Cap Rate 9%
$1,478,056
$1.5M
Market Conditions
NOI Build-Up for 12,600 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
$201.1K $15.96/SF
− Vacancy
−$11.1K −$0.88/SF
EGI
$190.0K $15.08/SF
− OpEx
−$57.0K −$4.52/SF
NOI
$133.0K $10.56/SF
Area
Hayward, CA
Vacancy
5.50%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
30.00%
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%
$2,660,500
Cap Rate 7%
$1,900,357
Cap Rate 9%
$1,478,056
Alternative Uses
Best Use
Retail
$2.50M
$2.19M – $2.92M
NOI $175,081 @ 7.0% cap · market cap 11.67%
Second Best
Industrial
$1.90M
$1.66M – $2.22M
NOI $133,025 @ 7.0% cap · market cap 8.87%
Theoretical Best
Office A
$3.89M
$3.41M – $4.54M
NOI $272,644 @ 7.0% cap · market cap 18.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,088
Businesses Nearby
Explore this area
Business Placement
Demographics for 94545, CA
33,786
Population
10,439
Households
3.2
Avg Household Size
39
Median Age
34%
College-Educated
84%
High-School Grad
14.5 sq mi
ZIP Area
2,330
Density / Sq Mi
$115,258
Median Household Income
$55,874
Median Earnings
$2,426
Median Rent
$838,800
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Leased showroom and machining facilities with office, storage, and CNC fabrication equipment included in the sale.
Where is this manufacturing property located?
The property is located at 3111 Depot Road Hayward, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Stone fabrication business for sale in Hayward, CA with nearly 15 years operating at the current leased location (11 years in a prior location).; Expanded showroom into a third unit, adding office space, storage, and a large machining shop across two structures on site.; Equipment included in the sale will be itemized and transferred, along with machinery, equipment, vehicles, and inventory.
