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29831 Clearbrook Cir - Availability Details

29831 Clearbrook Cir, Hayward, CA 94544

  • For Sale $7,500,000
  • Property Type Other
  • Lot Size 6.2 Acre
  • Date Updated Aug 06, 2021
Levin Johnston is pleased to offer a rare opportunity to acquire 100% fee interest and development rights to a total of 6.2 acres of prime development land, located at 29831 Clearbrook Cir in the city of Hayward. The offering comprises of (1) One large parcel zoned RMB3.5: Medium Density Residential, giving developers the flexibility to provide single family or multifamly housing in an area that has a rapidly increasing demand for housing. The subject land also provides convenient access to many of the nation's top tech employers including Google, Apple, LinkedIn, Microsoft, Intel, Yahoo as well as many other blue colar work force employers. Many of these employers are located within close proximity to the subject land in the South Bay and Peninsula. The investment appeal of this asset is driven by the Bay Area’s rapidly expanding demand for single family homes in the East Bay Market. A world-class Bay Area location - The Clearbrook Cir presents an attractive investment opportunity for developers due to its accessibility to the entire Bay Area and strong local employers. *RM District Uses According to Hayward Municipal Code Website: https://library.municode.com/ca/hayward/codes/municipal_code?nodeId=HAYWARD_MUNICIPAL_CODE_CH10PLZOSU_ART1ZOOR_S10-1.400MEDEREDIRM SEC. 10-1.415 - USES PERMITTED. a.Primary Uses. The following uses, or uses determined to be similar by the Planning Director, are permitted in the RM District. (1)Residential Uses. (a)Condominiums and Townhouses (b)Single-family dwelling. (c)Group home. (6 or fewer residents, excluding staff). See definitions. (d)Multi-family dwellings.
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Location

  • City Hayward, CA
  • Neighborhood Mission - Garin
  • Zip Code 94544
  • Market Bay Area

Contacts

broker

Adam Levin

Levin Johnston

(650) 492-0934

Highlights

  • Tremendous Investment Opportunity in Hayward
  • Large 6.2 Acres of Prime Development Land
  • Potential to Develop Over 70 Single Family Homes in Core Bay Area Location *
  • Close Proximity to Many of the Nation's Top Tech Employers Including Tesla (3mi), PG&E, Chevron, Kaiser, Sutter Health, John Muir Health as well as Many Others
  • Four Miles to Cal State East Bay
  • Convenient Access to Transportation Corridors Including Interstate I-880 & 238, the San Mateo Bridge and the Dumbarton Bridge
  • *Per City of Hayward Limited Medium Density Development Standards

Contact Listing Broker

broker

Adam Levin

Levin Johnston

(650) 492-0934

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