24700 Calaroga AveHayward, CA 94545

Property Details for 24700 Calaroga Ave

Year built

1973

Construction

WOOD

Lot size

0.39 AC

Property size (Sq ft)

7,605 SF

Property type

Medical offices

Property subtype

Medical centers

APN

442-40-1-1

APU

4424011

Description

This exceptional 7,632 square foot medical office building in Hayward, California, presents a compelling owner-user or investment opportunity. Located at 24700 Calaroga Ave, 94545, this single-story, Class C building boasts 5 suites ranging from approximately 550 to 2,193 rentable square feet. The property sits on a 17,157 square foot lot and includes subterranean and on-site parking for 29 vehicles. Built in 1973, the building is zoned CO & RS. One suite, approximately 2,193 rentable square feet, is particularly well-suited for a dental practice, featuring 6 operatories, a reception desk, waiting room, private office, two restrooms, a breakroom, and a lab room. Note that ADA/ramp access modifications are required. The asking price is $1,849,000, translating to $242.27 per square foot of net rentable area (7,116 square feet). This multi-tenant property offers significant potential for both income generation and owner-occupancy. The property's Alameda County location provides convenient access to major transportation routes and a thriving community. Serious inquiries are encouraged to explore this unique opportunity further.

• CAP approach

  CAP return

  Valuation

  6%

  $3,512,460

  6.5%

  $3,242,271

  7%

  $3,010,680

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,511,882

  Geo Method

  $2,121,110

• Alternative Use

  Use

  Valuation

  Residential

  $4,020,416

  Hospitality

  $3,682,680

  Educational

  $3,063,946

  Medical

  $3,169,320

  Retail

  $4,766,138

Location Insight

City

Hayward

County

Alameda

State

California

Latitude

37.6492

Longitude

-122.101

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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