Flex Building with Mezzanine
433 Jefferson St Oakland, CA 94607
For Sale
Contact for pricing
17,631 SF building with ground-floor office, mezzanine offices, warehouse/indoor parking, atrium natural light, and central HVAC.
Property Size17,631 SF
Lot Size0.34 Acres
Price / SF$192.84
Days on Market71
Property Features for 433 Jefferson St
General Information
Standard status
Active
Size
17,631 SF
Lot size
0.34 Acres
Property subtype
OFFICE
Listing Agency:
Cushman & Wakefield | Oakland
(510) 267-6014
Listed By:
Jeffrey Leenhouts
Source:
Moodyscre
Added: May 21
Changed: Jul 26
Last Checked: Jul 29 at 3:55PM
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
Investment Insights
Based on property information with market context.
This flex building includes a ground-floor office component and a mezzanine office level, along with warehouse and/or indoor parking space. The layout combines private offices with open area, supported by a central HVAC system and a temperature-controlled IT room. Building utilities include 400 amps of 120/240-volt power, and the property features a huge atrium with abundant natural light.
The offering is located at 433 Jefferson St, Oakland, CA 94607, and sits on a 115,000 SF parcel. The property also includes an employee parking lot of 6,830 SF, supporting day-to-day operations for office and flex users. At this time, the listed improvements are described as 17,631 SF building size, with 110,000 SF ground-floor office, 15,000 SF warehouse/indoor parking, and 2,631 SF mezzanine office space.
The offering is located at 433 Jefferson St, Oakland, CA 94607, and sits on a 115,000 SF parcel. The property also includes an employee parking lot of 6,830 SF, supporting day-to-day operations for office and flex users. At this time, the listed improvements are described as 17,631 SF building size, with 110,000 SF ground-floor office, 15,000 SF warehouse/indoor parking, and 2,631 SF mezzanine office space.
Key Highlights
- 17,631 SF building on a 15,000 SF parcel
- Includes 10,000 SF ground‑floor office plus 2,631 SF mezzanine office
- 5,000 SF warehouse/indoor parking area with an additional 6,830 SF employee parking lot
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $336.4k | $19.08 |
| − Vacancy | −$28.3k | −$1.60 |
| EGI | $308.1k | $17.48 |
| − OpEx | −$46.2k | −$2.62 |
| NOI | $261.9k | $14.86 |
17,631 SF · lease $19.08/SF/yr · vacancy 8.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.74M
$3.27M – $4.37M
NOI $261,921 @ 7.0% cap · market cap 7.70%
Second Best
Flex RnD
$3.54M
$3.09M – $4.13M
NOI $247,539 @ 7.0% cap · market cap 7.28%
Theoretical Best
Multifamily LT 5
$5.77M
$5.05M – $6.73M
NOI $404,063 @ 7.0% cap · market cap 11.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- BOXICHEF catering — 468 3rd St, Oakland, CA 94607
- Knife Fight Gauntlet — jack london square stage 1, broadway, oakland, ca 94607
- Willie's Kitchen — 350 4th St, Oakland, CA 94607
- Downtown Catering — 311 Oak St APT 116, Oakland, CA 94607
- Tacos El Precioso Catering — 444 Oak St, Oakland, CA 94607
Frequently Asked Questions
What type of property is this?
Flex space - 17,631 SF building with ground-floor office, mezzanine offices, warehouse/indoor parking, atrium natural light, and central HVAC.
Where is this flex space located?
The property is located at 433 Jefferson St Oakland, CA.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 17,631 SF building on a 15,000 SF parcel; Includes 10,000 SF ground‑floor office plus 2,631 SF mezzanine office; 5,000 SF warehouse/indoor parking area with an additional 6,830 SF employee parking lot
