1197 A StHayward, CA 94541

  • Office properties
  • 4,628 SF
For Lease
$6,900/SF/YR View listing

Property Details for 1197 A St

Year built
1955
Construction
TILT-UP CONCRETE
Lot size
0.13 AC
Property size (Sq ft)
4,628 SF
Property type
Office properties
Property subtype
Office buildings
APN
427-11-7
APU
427117

Description

This exceptional two-story, 4,600 square foot Class B office building, located at 1197 A St, Hayward, CA 94541, presents a fantastic opportunity. Currently, 307 square feet of traditional office space is immediately available, perfect for a small business or satellite office. The minimum divisible space is 307 square feet, offering flexibility for various needs. The building is situated in the heart of downtown Hayward, providing easy access to a variety of amenities and businesses. Its convenient location offers proximity to major transportation arteries, including Highway 238, freeways 580 and 880, and the BART station, ensuring seamless commutes for employees and clients. The building's address is conveniently located near the intersection of A St. and 2nd Streets, within the Hayward submarket. The zoning is designated for office use. While the building does not feature elevators, its two-story design offers manageable accessibility. This prime location also places the property in close proximity to neighboring cities such as San Leandro, San Lorenzo, and Castro Valley. This is a rare opportunity to secure office space in a thriving downtown location with excellent access to transportation and surrounding communities. The property is zoned for office use.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,137,497
    6.5%
    $1,973,074
    7%
    $1,832,141
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,528,598
    Geo Method
    $1,290,796
  • Alternative Use

    Use
    Valuation
    Residential
    $2,446,612
    Hospitality
    $2,241,084
    Educational
    $1,864,555
    Medical
    $1,928,680
    Retail
    $2,900,420
1197 A St, Hayward, California
Leaflet | © OpenStreetMap contributors

Location Insight

City
Hayward
County
Alameda
State
California
Latitude
37.676
Longitude
-122.08
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,626
$319,981
$656,673
$976,654
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