32513 Mission BlvdHayward, CA 94544

  • Retail properties
  • 1,320 SF
For Sale
$2,000,000 View listing

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
32513 Mission Blvd, Hayward, California

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

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
$13,113
$1,003,986
$20,808
$1,024,794
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