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Property profile & analytics
FOR SALE
Commercial land

18600 Hesperian Blvd Hayward, CA 94541

1,248 SF 0.45 ac lot Built 1926
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-8224879
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1926
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,248 SF
Lot 0.45 ac (19,588 SF)
APN 412-87-79-2
UPID US09-8224879
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gainer Windshield Co. Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
County Of Alameda · 7 yrs held
County Of Alameda
since 2018
7 recorded transactions
2018
Price N/A
2013
Price N/A
2013
Price N/A
2011
Price N/A
2006
Price N/A
2006
$700,000
2003
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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