Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Furnished Creative Suite in Oakland Title is generated by Realmo AI

    520 3rd St, Oakland, CA

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Furnished creative suite featuring private offices, conference room, and breakroom.

    Type:OFFICE
    Property size:
    6,724 SF
    Lot size:
    0.66 Acres
    Added:
    Mar 27, 2025
    Days on Market:
    427
    Last Refresh:
    May 20 at 9:46 pm

    Property Features for 520 3rd St

    General Information

    Standard status
    Active
    Size
    6,724 SF
    Lot size
    0.66 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 520 3rd St Contact us

    We can help!

    Listing Contact
    David Englert
    David Englert

    Listing agent David Englert

    Listing office Cushman & Wakefield | Oakland

    Listing date Mar 27, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Oakland

    HighLights

    • Furnished creative suite ready for immediate occupancy.
    • Ground floor location for easy access.
    • Features a mix of 8 private and semi‑private offices.
    • Large meeting/class room available.
    • Includes a dedicated conference room.
    • Benefit from a convenient breakroom.

    Overview

    This furnished ground floor creative suite offers a mix of 8 private and semi-private offices, a conference room, a breakroom, and a large meeting/class room. The property provides 6,724 square feet of office and creative space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lee & Associates - Oakland Real Estate Agency African American Regional ... Training Center KGO Radio Station Kemeera, Inc Model Design Company Oakland Schools Foundation Charitable Organization

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Law Firm Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.278
    Latitude
    37.7978

    Nearby Similar for Lease

    • $30 SF/Yr
      8,360 SF

      Landmark Building in Laurel District

      Former Bank of America building available for lease in Oakland.
      4050 Macarthur Boulevard, Oakland, CA 94619
      View Details
    • Sponsored
      Contact for pricing

      CA, Oakland - Tribune Building

      409 13Th St, Unit 600, Oakland, CA 94612
      View Details
    • $129-$21,346/Mo
      11-1,960 SF

      Spaces Jack London Square

      66 Franklin St, Oakland, CA 94607
      View Details
    • $2,314/Mo
      814 SF

      Oakland Mixed-Use Flexible Space

      Unique mixed-use property in a rapidly developing Oakland area.
      3532 San Leandro St, Oakland, CA 94601
      View Details
    • $129-$7,479/Mo
      11-1,292 SF

      Lake Merritt

      1901 Harrison St, Unit 1100, Oakland, CA 94612
      View Details
    • $4,000/Mo
      2,376 SF

      High-Visibility Retail Space Available

      Retail space with high traffic and convenient transportation access.
      7101 International Blvd, Oakland, CA 94621
      View Details
    • $1,500/Mo
      300 SF

      Dedicated Office Space Available

      300 sq ft office space with parking and amenities.
      2607 Seminary Ave, Oakland, CA 94605
      View Details
    • $1.73 SF/Yr
      5,639 SF

      Visible Corner Retail/Office Space

      Highly visible retail/office space near Dimond District with flexible zoning.
      3100 Fruitvale Avenue, Oakland, Oakland, CA 94602
      View Details
    • $1,200/Mo
      575 SF

      Bright Corner Office Space

      Second-story office space near Telegraph shops and eateries.
      4601 Telegraph Ave 206, Oakland, CA 94609
      View Details
    • $1.00 SF/Yr
      600 SF

      Oakland Warehouse with Yard

      Warehouse with yard, robust power, and convenient access in Oakland.
      1850 Campbell Street, Oakland, CA 94607
      View Details
    • $550/Mo
      18,997 SF

      Oakland Retail Space Available

      Retail space available for lease in Oakland, California.
      4601 Telegraph Ave 202, Oakland, CA 94609
      View Details
    • $900/Mo

      Convenient Oakland Office Space Available

      Office space in a great location with easy access.
      901 Clay St, Oakland, CA 94607
      View Details

    FAQs

    What type of property is this?
    Office units - Furnished creative suite featuring private offices, conference room, and breakroom.
    Where is this office units located?
    The property is located at 520 3rd St Oakland, CA.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: Furnished creative suite ready for immediate occupancy.; Ground floor location for easy access.; Features a mix of 8 private and semi‑private offices.
    (510) 465-8000 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing David Englert
    David Englert
    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.
    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
    520 3rd St, Oakland, CA
    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!