18600 Hesperian BlvdHayward, CA 94541
- Land
- 1,248 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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