Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    28306 Industrial Blvd Hayward, CA 94545
    Back to Search
    Property profile & analytics

    28306 Industrial Blvd, Hayward, CA 94545

    View on Map
    • Warehouses
    • 15,218 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • JPS Hose / Construction Company / General Contractor
    • CLINE&CO Design / Marketing & Advertising / Advertising Agency
    • American Sandblasting Co / Renovation Specialist / General Contractor
    • Top Option Inc / Auto Parts Store

    Property Details for 28306 Industrial Blvd

    Year built
    1982
    Property type
    Warehouses
    Property subtype
    Office Spaces

    Description

    This single-story, 15,218 square foot building at 28306 Industrial Blvd, Hayward, CA 94545, offers flexible commercial space ideal for a variety of businesses. Located in Alameda County, the property features a mix of executive office and warehouse space, currently offering two suites for lease. The minimum leasable space is 896 square feet, with a maximum contiguous space of 1,148 square feet. A total of 2,044 square feet is currently vacant. Built in 1982, the building sits on a 0.4-acre lot and boasts an 11-foot ceiling height, providing ample vertical space. The property includes one drive-in bay for convenient loading and unloading, and ample parking is available for tenants and their clients. The property is classified as Office and Industrial, with subtypes including Executive Office, Warehouse, and Incubator, making it suitable for a range of business needs. This versatile space presents a unique opportunity for businesses seeking a combination of office and warehouse functionality in a convenient Hayward location. The property's convenient location and flexible space options make it an attractive choice for businesses of all sizes.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hayward
    County
    Alameda
    State
    California
    Longitude
    -122.094
    Latitude
    37.6182

    Comparable in this City

    • Value Estimation by Request
      3,500 SF

      2570 Barrington Ct

      Distribution properties
      2570 Barrington Ct, Hayward, CA 94545
      View Details
    • Value Estimation by Request
      83,854 SF

      1950 Sabre St

      Distribution properties
      1950 Sabre St, Hayward, CA 94545
      View Details
    • Value Estimation by Request

      25503 Industrial Blvd

      Life science properties
      25503 Industrial Blvd, Hayward, CA 94545
      View Details
    • Value Estimation by Request
      406,712 SF

      2289 Industrial Pkwy

      Distribution properties
      2289 Industrial Pkwy, Hayward, CA 94545
      View Details
    • Value Estimation by Request
      35,340 SF

      28302 Industrial Blvd

      Distribution properties
      28302 Industrial Blvd, Hayward, CA 94545
      View Details
    • Value Estimation by Request
      116,024 SF

      2359 Lincoln Ave

      Distribution properties
      2359 Lincoln Ave, Hayward, CA 94545
      View Details

    Similar Nearby for Sale

    • $788,000
      2,193 SF

      Hayward Commercial Property: Office/Warehouse

      Versatile commercial space with office and warehouse in Hayward, CA.
      1252 W Winton Ave, Hayward, CA 94545
      View Details
    • Contact for pricing
      20,000 SF

      Hayward Flex Building For Sale

      20,000 SF multi-tenant flex building in Hayward's Innovation Corridor.
      23978 Connecticut St, Hayward, CA 94545
      View Details
    • Contact for pricing

      Commercial Condo with Upgrades

      Spacious commercial condo featuring upgraded amenities and flexible workspace.
      21087 Cabot Blvd, Hayward, CA 94545
      View Details
    • Contact for pricing
      4,300 SF

      Hayward Flex Building For Sale

      Versatile industrial condo in Hayward's Industrial Technology Corridor.
      2492 Technology Dr, Hayward, CA 94545
      View Details
    • Contact for pricing
      1,152 SF

      Hayward Flex Space For Sale

      Flex space suitable for logistics, light industrial, or mixed use.
      2543 W Winton Ave, Hayward, CA 94545
      View Details
    • Contact for pricing
      11,256 SF

      Hayward Warehouse with Rail Service

      Industrial warehouse space featuring rail service and sprinkler system.
      3466 Arden Rd, Hayward, CA 94545
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Hayward Warehouse Distribution Space

      24,600 SF warehouse/distribution space with rail service.
      21050 Forbes Ave, Hayward, CA 94545
      View Details
    • Contact for pricing
      121,020 SF

      Hayward Warehouse with EV Charging

      121,020 SF warehouse featuring EV charging and ample power.
      25500 Clawiter Rd, Hayward, CA 94545
      View Details
    • Contact for pricing
      102,500 SF

      Hayward Logistics Facility Available

      Industrial warehouse space for rent in Hayward, California.
      2252-2258 W Winton Ave, Hayward, CA 94545
      View Details
    • Contact for pricing
      32,000 SF

      Hayward Distribution Space Available

      32,000 SF distribution space with office area for lease.
      19202-19240 Cabot Blvd, Hayward, CA 94545
      View Details
    • Contact for pricing
      24,414 SF

      Hayward Industrial Warehouse Space

      24,414 SF industrial space for lease in Hayward, CA.
      22950 Clawiter Rd, Hayward, CA 94545
      View Details
    • Contact for pricing
      21,792 SF

      Industrial Warehouse Space Available

      21,792 SF industrial space for lease in Hayward, CA.
      2345-2361 Industrial Pkwy, Hayward, CA 94545
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    28306 Industrial Blvd
    Hayward, CA 94545
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    28306 Industrial Blvd, Hayward, CA, 94545
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!