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Office Building with Retail Frontage
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3718 Grand Ave, Oakland, CA 94610

Flexible office property with retail frontage, on-site parking, and CN-3 zoning.

Property Size5,648 SF
Price / SF$1.00
Days on Market53

Property Features for 3718 Grand Ave

General Information

Standard status Active
Size 5,648 SF
Property subtype Office

Site & Location

Neighborhood Grand Lake
Listing Agency: Oakland
Listed By: Ben Harrison · License #CA-01364981
Source: Colliers
Added: Sep 15 Changed: Oct 26 Last Checked: Nov 3 at 3:15AM

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 Oakland

Rey
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Investment Insights

Based on property information with market context.

This office property comprises ±5,648 RSF with retail frontage and a layout that can support either a single occupant or multiple tenants. The site includes 7 on-site parking stalls, with additional street parking available. CN-3 zoning provides the stated land-use designation for the property.

Located at 3718 Grand Ave in Oakland, the property has a Walk Score of 92–95/100, identified as a Walker’s Paradise. It is also positioned close to Piedmont Hills and along a commercial thoroughfare, combining office functionality with a pedestrian-oriented setting and street-facing retail exposure.

Key Highlights

  • ±5,648 RSF office property with retail frontage
  • Configurable for single‑tenant or multi‑tenant use
  • 7 on‑site parking stalls

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$75,719
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,514,380 $1.5M
Cap Rate 7%
$1,081,700 $1.1M
Cap Rate 9%
$841,322 $841.3K
Market Conditions
NOI Build-Up for 5,648 SF
Gross rent
$132.8K $23.52/SF
− Vacancy
−$31.9K −$5.64/SF
EGI
$101.0K $17.88/SF
− OpEx
−$25.2K −$4.47/SF
NOI
$75.7K $13.41/SF
Area
Oakland, CA
Vacancy
24.00%
Lease Rate
$23.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,514,380
Cap Rate 7%
$1,081,700
Cap Rate 9%
$841,322

Alternative Uses

Best Use
Retail
$1.56M
$1.37M – $1.83M (±1% cap)
NOI $109,510 @ 7.0% cap · market cap 1,938.92%
Second Best
Office B
$1.08M
$946.5K – $1.26M (±1% cap)
NOI $75,719 @ 7.0% cap · market cap 1,340.63%
Theoretical Best
Multifamily LT 5
$1.85M
$1.62M – $2.16M (±1% cap)
NOI $129,440 @ 7.0% cap · market cap 2,291.78%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

FYZICAL Grand Lake ... Physician Renee Songer Physician Mrs. Deanna Savant Physician Mr. Oliver Mok Physician Structural Chiropractic Alternative Medicine Practice

Suggested Use

Top Pick Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,597
Businesses Nearby

Demographics for 94610, CA

31,261
Population
17,926
Households
1.7
Avg Household Size
39
Median Age
73%
College-Educated
96%
High-School Grad
2.1 sq mi
ZIP Area
14,886
Density / Sq Mi
$130,435
Median Household Income
$90,577
Median Earnings
$2,184
Median Rent
$1,324,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Flexible office property with retail frontage, on-site parking, and CN-3 zoning.
Where is this office unit located?
The property is located at 3718 Grand Ave Oakland, CA.
What are key features of this property?
This property features: ±5,648 RSF office property with retail frontage; Configurable for single‑tenant or multi‑tenant use; 7 on‑site parking stalls
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Includes: Price & PSF · Cap rate · Location · Zoning

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