18600 Hesperian BlvdHayward, CA 94541

  • Land
  • 1,248 SF
For Sale
$1,350,000 View listing

Property Details for 18600 Hesperian Blvd

Year built
1926
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.45 AC
Property size (Sq ft)
1,248 SF
Property type
Land
Property subtype
Commercial land
APN
412-87-79-2
APU
41287792

Description

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.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $659,761
    Hospitality
    $604,337
    Educational
    $502,801
    Medical
    $520,094
    Retail
    $782,136
18600 Hesperian Blvd, Hayward, California

Location Insight

City
Hayward
County
Alameda
State
California
Latitude
37.6711
Longitude
-122.121
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
$11,181
$919,404
-
$919,404
-
-
-
-

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