Office Units with
For Sale
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460 Boulevard Way, Oakland, CA 94610
Office space is offered under a full-service lease near Grand Avenue amenities and public transportation.
Property Size5,936 SF
Price / SF$0.44
Days on Market88
Property Features for 460 Boulevard Way
General Information
Standard status
Active
Size
5,936 SF
Property subtype
Comm Ind For Lease
Site & Location
Neighborhood
Lakeshore
Building Details
Year Built
1974
Listing Agency:
JPN Realty
Listed By:
Javier Padilla
Source:
Jpnrealty
Added: Aug 4
Changed: Oct 28
Last Checked: Oct 28 at 3:46PM
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 JPN Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The office property totals 5,936 square feet and was built in 1974. Signage is available, and the space is offered on a full-service lease.
Grand Avenue shopping, dining, and coffee shops are nearby, along with public transportation. The property also offers access to major freeways.
Grand Avenue shopping, dining, and coffee shops are nearby, along with public transportation. The property also offers access to major freeways.
Key Highlights
- 5,936‑square‑foot office property
- Built in 1974
- Full‑service lease structure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,580
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,591,600
$1.6M
Cap Rate 7%
$1,136,857
$1.1M
Cap Rate 9%
$884,222
$884.2K
Market Conditions
NOI Build-Up for 5,936 SF
Gross rent
$139.6K $23.52/SF
− Vacancy
−$33.5K −$5.64/SF
EGI
$106.1K $17.88/SF
− OpEx
−$26.5K −$4.47/SF
NOI
$79.6K $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%
$1,591,600
Cap Rate 7%
$1,136,857
Cap Rate 9%
$884,222
Alternative Uses
Best Use
Office B
$1.14M
$994.8K – $1.33M
NOI $79,580 @ 7.0% cap · market cap 3,060.77%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.94M
$1.70M – $2.27M
NOI $136,040 @ 7.0% cap · market cap 5,232.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,597
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Office space is offered under a full-service lease near Grand Avenue amenities and public transportation.
Where is this office unit located?
The property is located at 460 Boulevard Way Oakland, CA.
What are key features of this property?
This property features: 5,936‑square‑foot office property; Built in 1974; Full‑service lease structure
