Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    21161 Foothill Blvd Hayward, CA 94541-1515

    • Commercial real estate
    • 2,055 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimations
    $295,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8540100
    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

    • Commercial real estate

    Property Details for 21161 Foothill Blvd

    Year built
    1924
    Construction
    WOOD
    Lot size
    0.27 lot acres
    Property size
    2,055 SF
    Property type
    Commercial real estate
    APN
    414-86-30
    APU
    4148630

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $285,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $440,000
      Market price range: $135k - $570k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hayward
    County
    Alameda
    State
    California
    Longitude
    -122.093
    Latitude
    37.6855
    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
    $8,543
    $400,393
    $127,661
    $528,054
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1.72 Acres

      805 B St

      COMMON AREA (COMMERCIAL) • 1.72 Acres
      805 B St, Hayward, CA 94541-5107
      View Details
    • Value Estimation
      $385,000
      8,618 SF

      21746 Meekland Ave

      COMMERCIAL (GENERAL) • 8,618 SF
      21746 Meekland Ave, Hayward, CA 94541-3865
      View Details
    • Value Estimation
      $815,000
      4,366 SF

      21129 Haviland Ave

      COMMERCIAL (GENERAL) • 4,366 SF
      21129 Haviland Ave, Hayward, CA 94541-2035
      View Details
    • Value Estimation
      $305,000
      1,140 SF

      913 Lewelling Blvd

      COMMERCIAL (GENERAL) • 1,140 SF
      913 Lewelling Blvd, Hayward, CA 94541-1109
      View Details
    • Value Estimation
      $270,000
      2,674 SF

      56 A St

      COMMERCIAL (GENERAL) • 2,674 SF
      56 A St, Hayward, CA 94541-4923
      View Details
    • Value Estimation
      $295,000
      2,000 SF

      419 A St

      COMMERCIAL (GENERAL) • 2,000 SF
      419 A St, Hayward, CA 94541-5013
      View Details

    Similar Nearby for Sale

    • $2,500,000
      0.53 Acres

      Hayward Commercial Land Investment

      Prime Hayward location, mixed-use potential.
      19895 Mission Blvd, Hayward, CA 94541
      View Details
    • $1,350,000
      19,653 SF

      Hayward Retail Land Investment

      Prime Hayward location, vacant land, development potential.
      18600 Hesperian Blvd, Hayward, CA 94541
      View Details
    • $3,899,999
      0.24 Acres

      344 A St, Hayward, CA 94541

      Commercial real estate • 0.24 Acres
      344 A St, Hayward, CA 94541
      View Details
    • $1,350,000

      Hayward Commercial Land - $1.35M

      Prime Hayward development site, approved plans.
      18600 Hesperian Blvd, Hayward, CA 94541
      View Details
    • $1,349,000
      1,923 SF

      Hayward Restaurant & Retail Property

      Prime Hayward location, high cash flow, motivated seller.
      19648 Mission Blvd, Hayward, CA 94541
      View Details
    • $895,000

      Contemporary Tri-plex in North Hayward

      Tri-plex near Downtown Hayward, convenient for shopping and commuting.
      22157 Main St, Hayward, CA 94541
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,375 SF

      Freestanding Retail Building with Parking

      Retail building with showroom, warehouse, and easy freeway access.
      21732 Foothill Blvd, Hayward, CA 94541
      View Details
    • $2,200 /Mo

      Turnkey Medical Offices for Lease

      Ready-to-occupy medical offices in Hayward, CA, with various features.
      21297 Foothill Blvd, Hayward, CA 94541
      View Details
    • $12 SF/Yr
      1,806 SF

      Hayward Office Space Available

      Downtown Hayward Office Suites, 706-1100 sq ft
      22612 Foothill Blvd, Hayward, CA 94541
      View Details
    • Contact for pricing
      2,550 SF

      Hayward Office Space For Rent

      Ground floor office space with great visibility in Hayward, CA.
      22535-22551 2Nd St, Hayward, CA 94541
      View Details
    • $1,900 /Mo

      Premium Corner Office Space

      Top floor office space with private offices near Downtown.
      1260 A St, Hayward, CA 94541
      View Details
    • Contact for pricing
      3,036 SF

      Retail Space in Mixed-Use Project

      Retail space available in downtown Hayward mixed-use development.
      22301 Foothill Blvd, Hayward, CA 94541
      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.
    21161 Foothill Blvd
    Hayward, CA 94541-1515
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.