32513 Mission BlvdHayward, CA 94544
- Retail properties
- 1,320 SF
Property Details for 32513 Mission Blvd
- Year built
- 1958
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.29 AC
- Property size (Sq ft)
- 1,320 SF
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- 78G-2760-9-7
- APU
- 78G276097
Description
This exceptional mixed-use property in Hayward, CA, presents a compelling redevelopment opportunity. Located on a prominent corner lot at 32513 Mission Blvd, this 22,875 sq ft site boasts approved entitlements for 14 residential units and versatile first-floor commercial space. The property is zoned CN: Neighborhood Commercial and features meticulously prepared architectural and engineering plans, ensuring a smooth development process. Environmental compliance, including MWELO, is complete. Sustainable design elements, such as swales, French drains, and stormwater retention, are incorporated, along with provisions for future EV charging infrastructure. Detailed cost and revenue analyses project a strong return on investment, appealing to environmentally conscious investors. The strategic location offers optimal ingress and egress from Mission Blvd, enhanced by dual entrances. Situated in the Union City School District, near James Logan High School (7/10 ranking), this property benefits from favorable demographics and proximity to essential infrastructure. This is a truly exceptional opportunity for investors seeking a high-growth, high-demand location.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $896,197
- 6.5%
- $827,259
- 7%
- $768,169
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,098,688
- Geo Method
- $927,766
-
Alternative Use
- Use
- Valuation
- Residential
- $697,824
- Hospitality
- $639,203
- Educational
- $531,809
- Medical
- $550,099
- Retail
- $827,259
Location Insight
- City
- Hayward
- County
- Alameda
- State
- California
- Latitude
- 37.6123
- Longitude
- -122.028
- 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
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