Leased Mixed-Use
New
For Sale
$1,995,000
4319 Piedmont Ave, Oakland, CA 94611
Commercial Sale, Oakland, CA
Property Size3,250 SF
Lot Size0.07 Acres
Price / SF$613.85
Days on Market1
Property Features for 4319 Piedmont Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Com
Subdivision
PIEDMONT AVENUE
Lot features
Business District, Freeway Nearby, Hospital Nearby, Restaurant Nearby
Standard status
Active
APN
13111611
Size
3,250 SF
Lot size
0.07 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
ADA-accessible bathroom
Building Details
Year built
1958
Floors in Building
2
Building materials
Concrete, Stucco, Wood
Listing Agency:
Winkler Real Estate Group
(510) 528-2200
Listed By:
Tom Coble
(510) 915-1615
Added: Aug 26
Last Checked: Aug 26 at 10:06PM
MLS# 41146206
Copyright © 2026 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use commercial property contains 3,250 square feet arranged as two leased units. The ground floor provides storefront retail space with large display windows, an ADA-accessible bathroom, and a layout currently used by a salon. The upper level is configured for professional office use, creating a clear separation between the retail and office components.
The property includes four off-street parking spaces at the rear and is located on Piedmont Avenue in Oakland’s Piedmont Avenue commercial district. Public water and public sewer serve the site. Built in 1958, the structure uses concrete, stucco, and wood construction materials and carries Com zoning. The 0.0746-acre parcel offers an established commercial setting with both units currently leased.
The property includes four off-street parking spaces at the rear and is located on Piedmont Avenue in Oakland’s Piedmont Avenue commercial district. Public water and public sewer serve the site. Built in 1958, the structure uses concrete, stucco, and wood construction materials and carries Com zoning. The 0.0746-acre parcel offers an established commercial setting with both units currently leased.
Key Highlights
- 3,250‑square‑foot mixed‑use property with two leased units
- Ground‑floor storefront with large windows and an ADA‑accessible bathroom
- Second‑floor professional office configuration
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$85,141
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,702,820
$1.7M
Cap Rate 7%
$1,216,300
$1.2M
Cap Rate 9%
$946,011
$946.0K
Market Conditions
NOI Build-Up for 3,250 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$148.2K $45.60/SF
− Vacancy
−$34.7K −$10.67/SF
EGI
$113.5K $34.93/SF
− OpEx
−$28.4K −$8.73/SF
NOI
$85.1K $26.20/SF
Area
ZIP 94611
Vacancy
23.40%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,702,820
Cap Rate 7%
$1,216,300
Cap Rate 9%
$946,011
Alternative Uses
Best Use
Office B
$1.22M
$1.06M – $1.42M
NOI $85,141 @ 7.0% cap · market cap 4.27%
Second Best
Mixed Use
$800.9K
$700.8K – $934.4K
NOI $56,063 @ 7.0% cap · market cap 2.81%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $95,836 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,781
Businesses Nearby
Explore this area
Business Placement
Demographics for 94611, CA
40,262
Population
19,014
Households
2.1
Avg Household Size
44
Median Age
78%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
5,515
Density / Sq Mi
$176,517
Median Household Income
$105,393
Median Earnings
$2,274
Median Rent
$1,485,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two leased commercial units combine ground-floor retail with second-floor office space and rear parking.
Where is this mixed-use property located?
The property is located at 4319 Piedmont Ave Oakland, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 3,250‑square‑foot mixed‑use property with two leased units; Ground‑floor storefront with large windows and an ADA‑accessible bathroom; Second‑floor professional office configuration
