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    18600 Hesperian Blvd Hayward, CA 94541

    Sponsored
    For Sale
    $1,350,000

    Prime Hayward location, vacant land, development potential.

    Property size:
    19,653 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 19,653 square foot vacant parcel of land located at 18600 Hesperian Boulevard in Hayward, California. The property is zoned C-1, General Commercial, with a secondary use designation for Low-Medium Density Residential, offering considerable flexibility for development. Existing plans, requiring updates, are available for a 5,522 square foot retail building. The site boasts a flat topography measuring approximately 106 feet by 184 feet, situated on a busy thoroughfare next to a McDonald's restaurant, ensuring high visibility and accessibility. Traffic counts on Hesperian Boulevard reached 39,563 vehicles in 2018 (at the cross street of Bockman Road). The asking price is $1,350,000, translating to $68.69 per square foot. Alternatively, a ground lease is available for $9,000 per month, NNN, for a qualified tenant. The property's APN is 412-87-79, and it's located in unincorporated Alameda County, zip code 94541. Prospective buyers are encouraged to verify permitted uses with Alameda County. This is a rare chance to acquire a strategically located parcel with significant development potential in a thriving commercial area. The property is currently vacant and ready for immediate development or lease.

    Property Features for 18600 Hesperian Blvd

    General Information

    Property type
    Retail properties
    Square Feet
    19,653 SF

    HighLights

    • Vacant land parcel on busy Hesperian Boulevard, adjacent to McDonald's.
    • 19,653 SF lot, 106' x 184' flat topography.
    • C‑1 General Commercial zoning with Low‑Medium Density Residential secondary use.
    • 2018 traffic count: 39,563 vehicles (Bockman Road intersection).
    • APN 412‑87‑79, Unincorporated Alameda County, CA 94541.
    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?
    Retail property - Prime Hayward location, vacant land, development potential.
    Where is this retail property 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: Vacant land parcel on busy Hesperian Boulevard, adjacent to McDonald's.; 19,653 SF lot, 106' x 184' flat topography.; C-1 General Commercial zoning with Low-Medium Density Residential secondary use.
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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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