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    Oakland Office Space in Jack London Title is generated by Realmo AI

    283 4th St, Oakland, CA

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    Office space for lease or sale in Jack London Square.

    Type:OFFICE
    Property size:
    6,973 SF
    Lot size:
    0.17 Acres
    Added:
    Sep 2, 2025
    Days on Market:
    263
    Last Refresh:
    Apr 5 at 9:30 pm

    Property Features for 283 4th St

    General Information

    Standard status
    Active
    Size
    6,973 SF
    Lot size
    0.17 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    Ben Jones
    Ben Jones

    Listing agent Ben Jones License #01911689

    Listing office Lee & Associates | Oakland

    Listing date Sep 2, 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 Lee & Associates | Oakland

    HighLights

    • Prime location in Jack London Square Entertainment District
    • Excellent transportation access: close to Lake Merritt and 12th St/City Center BART stations, and I‑880/I‑980 freeways
    • Secure 24/7 parking available at Jack London Square Garage
    • Move‑in ready office space: includes 10 private offices, large conference room, open area, server room, and all hands kitchen
    • Desirable features: HVAC, operable windows, great natural light, and 14’ high ceilings
    • Building amenities: lockers and showers

    Overview

    Located in the heart of Oakland's Jack London Square Entertainment District, this office space is available for lease or sale. The 6,973± square foot space is situated on the third floor and features 10 private offices, a large conference room, an open area, and a server room. The space benefits from great natural light, HVAC, and operable windows. It also includes an all-hands kitchen and private restrooms. The building provides lockers and showers. The space has 14’ high ceilings. Transportation options include a 5-minute walk to Lake Merritt BART and a 10-minute walk to 12th St/City Center BART. Immediate freeway access to I-880/I-980 is available via the Jackson St Exit. Secure parking with 24/7 access is located just two blocks away at the Jack London Square Garage. Retail amenities are abundant in the immediate vicinity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Zesty.ai (Bike/Boat/Book/etc) Store Driving School Express. Training Center Coastal Quest Charitable Organization Gyroscope Inc. Architect Interactive Solutions Inc (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Law Firm Food Market Skin Care Clinic Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.272
    Latitude
    37.7956

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    FAQs

    What type of property is this?
    Office units - Office space for lease or sale in Jack London Square.
    Where is this office units located?
    The property is located at 283 4th St Oakland, CA.
    What are key features of this property?
    This property features: Prime location in Jack London Square Entertainment District; Excellent transportation access: close to Lake Merritt and 12th St/City Center BART stations, and I‑880/I‑980 freeways; Secure 24/7 parking available at Jack London Square Garage
    (415) 519-4364 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Ben Jones
    Ben Jones
    Real Estate License ID: 01911689
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    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.

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