Property profile & analytics
15251 Hesperian Blvd San Leandro, CA 94578-3961
- Retail space
- 11,180 SF
- 0.94 lot acres
OFF-MARKET
Last Sale
Jul 05, 2024
Jul 05, 2024
Value Estimations
$2,140,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US09-8134019
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- 9Round Kickboxing Fitness / Gym & Fitness Center
- Kasper's Hot Dogs / Restaurant
- Hay Tea / Cafe & Coffee Shop
- Trendz Eastbay / Clothing & Fashion Store / (Bike/Boat/Book/etc) Store
- Fancy Cut / Hair Salon / Nail Salon
Property Details for 15251 Hesperian Blvd
- Year built
- 1988
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.94 lot acres
- Property size
- 11,180 SF
- Property type
- Retail space
- APN
- 77C-1269-9-7
- APU
- 77C126997
Description
This exceptional Class A retail property, formerly a popular hot dog establishment, presents a unique investment opportunity. The 1,331 square foot space boasts a high-visibility end-cap location within a two-building complex, offering excellent street exposure and ample foot traffic. The property includes a substantial dining area, a service counter, a back room ideal for prep work, one small and one large storage room, and a restroom. The existing commercial kitchen equipment, including a steam hood and sinks, remains in place, providing a significant advantage for a quick and cost-effective setup. With 52 total parking spaces available across both buildings, customer convenience is ensured. Built in 1988, the property's total square footage is 11,297, indicating a substantial overall complex. The strategic location across from the Bayfair BART station and approximately three blocks from the intersection of Interstates 238 and 880 provides unparalleled accessibility and exposure to a large customer base. This turnkey restaurant space is ready for immediate occupancy and presents a rare opportunity to establish a thriving business in a high-demand area. The single-tenant occupancy simplifies management and offers a clear path to profitability. This property is perfect for a variety of food service concepts seeking a well-established and convenient location.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,003,000
Market price range: $658k - $2.00M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,705,000 Current use
- OFFICE BUILDING
- $3,450,000 Change: +27% Conversion: Easy
- COMMERCIAL (GENERAL)
- $3,385,000 Change: +25% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $2,780,000 Change: +3% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- San Leandro
- County
- Alameda
- State
- California
- Longitude
- -122.13
- Latitude
- 37.6978
- 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
$52,351
$1,914,222
$2,301,586
$4,215,808
-
$0.00
$0.00
$0.00
