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    18600 Hesperian Blvd Hayward, CA 94541

    Sponsored
    For Sale
    $1,350,000

    Prime Hayward development site, approved plans.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 19,653 square foot commercial land parcel presents a unique investment opportunity in Hayward, California. Located at 18600 Hesperian Boulevard, this vacant lot boasts approved plans for a 5,522 square foot retail building, offering immediate development potential. The property features a flat topography measuring approximately 106 feet by 184 feet, making construction efficient and cost-effective. Zoned C-1 General Commercial with a secondary use designation for Low-Medium Density Residential, this site offers flexibility for various commercial ventures. Situated on a busy thoroughfare with high visibility next to a McDonald's restaurant, the property benefits from significant daily traffic counts of 39,563 vehicles (2018 data) at the cross street, Bockman Road. The property's location in unincorporated Alameda County, with APN 412-87-79, ensures easy access to major transportation routes and surrounding amenities. Alternatively, a ground lease is available for $6,500 per month, NNN. This prime location and versatile zoning make this an ideal opportunity for developers and investors seeking high-return potential in a thriving market.

    Property Features for 18600 Hesperian Blvd

    General Information

    Property type
    Land

    HighLights

    • 19,653 SF vacant commercial land parcel on Hesperian Blvd, Hayward, CA, next to McDonald's.
    • 106' x 184' flat lot, approved plans for 5,522 SF retail building.
    • C‑1 General Commercial zoning with Low‑Medium Density Residential secondary use.
    • High traffic counts: 39,563 vehicles (2018 data) at Bockman Road intersection.
    • APN 412‑87‑79, Unincorporated Alameda County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gainer Windshield Co. Auto Repair Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hayward
    County
    Alameda
    State
    California
    Longitude
    -122.120883
    Latitude
    37.671102

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    FAQs

    What type of property is this?
    Land - Prime Hayward development site, approved plans.
    Where is this land located?
    The property is located at 18600 Hesperian Blvd Hayward, CA.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: 19,653 SF vacant commercial land parcel on Hesperian Blvd, Hayward, CA, next to McDonald's.; 106' x 184' flat lot, approved plans for 5,522 SF retail building.; C-1 General Commercial zoning with Low-Medium Density Residential secondary use.
    (510) 206-3156
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    18600 Hesperian Blvd Hayward, CA 94541
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    Hayward, CA 94541
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    18600 Hesperian Blvd Hayward, CA 94541
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