$2,750,000
Prime 0.94± acre (40,940± sq ft) development parcel located in Hayward’s rapidly evolving Mission/Garin neighborhood. The property is designated SMU – Sustainable Mixed Use in the General Plan and zoned MB-CN (Mission Boulevard Corridor Neighborhood), allowing 17.5–35 residential units/ acre with potential for higher density through site plan review. According to the Property Owners Architect it may be possible the build 64 to 73 units on the subject property depending on the number of below market rate units included. (Buyer to Verify)The MB-CN zoning district is intended to support a mixed-use neighborhood environment with medium-scale residential and compatible comm. uses along a multi-modal corridor, creating strong potential for housing or mixed-use development.Strategically located approx. 5 miles from the S. Hayward BART Station, the property offers excellent commuter access with convenient connections to Interstate 880, Highway 92, and Oakland International Airport. The surrounding area is experiencing significant growth, including nearby development featuring 472 for-sale condominiums, approx. 20,000 sq ft of retail, and 2.4 acres of parks and open space, reinforcing the area’s transformation into an emerging residential hub. With flexible zoning, transit accessibility, and strong regional connectivity, this site presents a compelling opportunity for builders and developers seeking to deliver new housing in one of Hayward’s most active redevelopment corridor.
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Listed by Michael Heavin with Pacific Land Brokers (510) 538-7500
Property Type
Commercial Sale
Status
Active
MLS Number
41128255
Year Built
N/A
Lot Size
0.94 acres