Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    24301 Southland Dr Hayward, CA 94545
    Back to Search
    Property profile & analytics

    24301 Southland Dr, Hayward, CA 94545

    View on Map
    • Office buildings
    • 136,080 SF
    • 3.45 lot acres
    For Lease
    $17,980,000
    View Listing →
    Multi-Tenant High Rise Office Building For Lease
    $17,980,000
    127,061 SF

    Multi-Tenant High Rise Office Building

    Six-story office building with basement offices and ample parking.

    24301 Southland Dr, Hayward, CA 94545
    View Listing
    Property ID
    US09-8240666
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Integrated pain care / Medical Clinic
    • ImaTx Inc / (Bike/Boat/Book/etc) Store / Corporate Office
    • Dr. Chrissie W. Lam, DDS / Dental Office
    • La Familia Counseling Service Administrative Offices / Family Counselor
    • Farmers Insurance - Jordan Shin / Insurance Agency

    Property Details for 24301 Southland Dr

    Year built
    1969
    Construction
    CONCRETE
    Lot size
    3.45 lot acres
    Property type
    Office buildings
    APN
    442-10-9
    APU
    442109

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Hayward
    County
    Alameda
    State
    California
    Longitude
    -122.106
    Latitude
    37.653
    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
    $263,359
    $5,910,390
    $16,417,750
    $22,328,140
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $605,000
      2,998 SF

      23236 Kidder St

      OFFICE BUILDING
      23236 Kidder St, Hayward, CA 94545
      View Details
    • Value Estimation
      $1,350,000
      7,938 SF

      20676 Corsair Blvd

      OFFICE BUILDING
      20676 Corsair Blvd, Hayward, CA 94545
      View Details
    • Value Estimation
      $5,115,000
      32,755 SF

      3551 Arden Rd

      OFFICE BUILDING
      3551 Arden Rd, Hayward, CA 94545-3922
      View Details
    • Value Estimation
      $3,345,000
      28,258 SF

      777 Southland Dr

      OFFICE BUILDING
      777 Southland Dr, Hayward, CA 94545-1539
      View Details
    • Value Estimation
      $9,735,000
      37,444 SF

      21212 Cabot Blvd

      OFFICE BUILDING
      21212 Cabot Blvd, Hayward, CA 94545-1647
      View Details
    • Value Estimation
      $2,815,000
      21,372 SF

      1580 Chabot Ct

      OFFICE BUILDING
      1580 Chabot Ct, Hayward, CA 94545-2423
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,458 SF

      Hayward Office Building For Sale

      Office building on a corner lot, close to I-880.
      1675 Sabre St, Hayward, CA 94545
      View Details
    • Contact for pricing
      7,632 SF

      Hayward Office Space Available

      Office property with 7,632 square feet of space.
      24700 Calaroga 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
    • $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

    Similar Nearby for Lease

    • Contact for pricing
      9,000 SF

      Freestanding Office Building Available Now

      9,000 SF office building with exclusive parking and easy access.
      20788 Corsair Blvd, Hayward, CA 94545
      View Details
    • Contact for pricing

      Multi-Tenant High Rise Office Building

      Six-story office building with basement offices and ample parking.
      24301 Southland Dr, Hayward, CA 94545
      View Details
    • $1.40 SF/Yr
      8,086 SF

      Hayward Office Space: 8,086 SF

      Prime Hayward office building, 8,086 sq ft, ideal for various businesses.
      2487 Industrial Pkwy W Hayward, CA 94545, Hayward, CA 94545
      View Details
    • Contact for pricing

      Professional Business Park Complex Space

      Space available within a professional business park complex.
      25025 Viking St, Hayward, CA 94545
      View Details
    • $4,186 /Mo
      136,080 SF

      Hayward Multi-Tenant Office Building

      Multi-tenant office building with spaces from 500 to 5,000 SF.
      Southland Dr, Hayward, CA 94545
      View Details
    • Contact for pricing

      Hayward Office and Warehouse Space

      Office and warehouse space with dock and grade-level doors.
      21054 Alexander Ct, Hayward, CA 94545
      View Details
    View Listing
    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.
    24301 Southland Dr
    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
    24301 Southland Dr, 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!