Property profile

21602 Western Blvd Hayward, CA 94541

OFF-MARKET
Warehouses
Property ID
US09-8769426
14,807 SF 0.65 ac lot Built 1958
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 29,160 square foot industrial warehouse in Hayward, CA, offers 5,000 square feet of immediately available space. The single-story building boasts two drive-in doors for convenient access, a mezzanine for extra storage, and a ground-floor office with durable epoxy flooring. Recent upgrades include a new electrical panel, improved lighting, and enhanced fire safety systems. A key feature is a built-in spray booth, perfectly suited for auto body shops. The property also includes an additional 2,200 square foot fenced yard, providing ample outdoor space. Located in Alameda County at 21602 Western Blvd, Hayward, CA 94541, this versatile space is zoned for auto body shops and offers a turnkey solution for businesses seeking a well-equipped, spacious facility in a prime Bay Area location. The property is a single-tenant warehouse with no elevators. This move-in ready facility presents an excellent opportunity for automotive businesses or companies needing a well-maintained and strategically located site.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1958
Construction TILT-UP CONCRETE
Total area 14,807 SF
Lot 0.65 ac (28,275 SF)
APN 428-1-40
UPID US09-8769426

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

21602 Western Blvd Hayward, CA 94541-2451
Hayward metro Census 435500 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.75M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.49M
Blend (final) Blend
$1.75M

Owner & transaction history

since 2024
Last sale
$1.8M
4 recorded transactions
2024
$1.8M
2024
Price N/A
2020
Price N/A
1975
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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