22385 Mission BlvdHayward, CA 94541

Property Details for 22385 Mission Blvd

Year built

1940

Construction

TILT-UP CONCRETE

Lot size

0.17 AC

Property size (Sq ft)

4,526 SF

Property type

Retail space

APN

428-51-26

APU

4285126

Description

This exceptional retail property, located at 22385 Mission Blvd in Hayward, California (zip code 94541), offers a unique opportunity for businesses seeking a high-visibility location. The 4,526 square foot building sits on a 7,405 square foot lot and boasts 73 feet of frontage on Mission Boulevard, a major thoroughfare with daily traffic counts exceeding 29,000 vehicles. The property features a freshly painted exterior and interior, high ceilings, and a loft area with two offices that have recently been updated with new flooring. A recently remodeled downstairs bathroom adds to the property's modern appeal. Convenient access for deliveries is provided by a small roll-up door on Smalley Avenue and a larger loading door in the rear alley. Ample parking is available with 10 spaces directly in front of the building. A prominent pylon sign enhances visibility. The building is ideally situated one block from A Street, within a thriving retail district. The flexible zoning allows for a variety of commercial uses. This property presents a compelling investment opportunity in a high-traffic, growing area of Alameda County.

• CAP approach

  CAP return

  Valuation

  6%

  $3,072,870

  6.5%

  $2,836,495

  7%

  $2,633,888

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,767,168

  Geo Method

  $3,181,114

• Alternative Use

  Use

  Valuation

  Residential

  $2,392,690

  Hospitality

  $2,191,691

  Educational

  $1,823,461

  Medical

  $1,886,173

  Retail

  $2,836,495

Location Insight

City

Hayward

County

Alameda

State

California

Latitude

37.6737

Longitude

-122.086

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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