Building Details

Building Size 7,895 SF

Year Built 1979

Listing Agency: Wells & Bennett REALTORS

Listed By: Kelly Klingler · License #CA 01052191 Show Phone

Source: Evrealestate

Added: Oct 15, 2025 Changed: Nov 1 Last Checked: Nov 1 at 5:45AM

Report an Issue

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 Wells & Bennett REALTORS

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This well-maintained building offers convenient access to Hwy 24 and I-580, making it suitable for both owner-users and investors. The property features on-site gated parking, elevator service, high ceilings, and good natural light. A storage/receiving/work area is available, equipped with a rollup door, ample power, and plumbing. The first floor includes a reception/lobby area, five private exam rooms, two lab rooms with sinks and cabinetry, three restrooms, one shower, an open area, and the storage/receiving/work area with a rollup door. The upper floor features five private offices, two open areas, a kitchen, an outdoor patio, a wet bar closet, a storage room, and two restrooms. Currently utilized as a health clinic and for education purposes by the seller, the property will be delivered vacant.

Key Highlights

• Delivered Vacant: Ready for immediate occupancy.
• Excellent Location: Offers easy access to Hwy 24 and I‑580.
• Versatile Layout: Features private offices/exam rooms and open areas.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$130,741

Cap Rate

7.16%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,614,820 $2.6M

Cap Rate 7%

$1,867,729 $1.9M

Cap Rate 9%

$1,452,678 $1.5M

Is this asking price fair?

Market Conditions

NOI Build-Up for 7,895 SF

Gross rent

$236.9K $30.00/SF

− Vacancy

−$18.9K −$2.40/SF

EGI

$217.9K $27.60/SF

− OpEx

−$87.2K −$11.04/SF

NOI

$130.7K $16.56/SF

Area

Oakland, CA

Vacancy

8.00%

Lease Rate

$30.00 /SF/Yr

Expense Ratio

40.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,614,820

Cap Rate 7%

$1,867,729

Cap Rate 9%

$1,452,678

Alternative Uses

Best Use

Healthcare Medical

$1.87M

$1.63M – $2.18M (±1% cap)

NOI $130,741 @ 7.0% cap · market cap 7.16%

Second Best

Office B

$1.51M

$1.32M – $1.76M (±1% cap)

NOI $105,844 @ 7.0% cap · market cap 5.80%

Theoretical Best

Multifamily LT 5

$2.58M

$2.26M – $3.02M (±1% cap)

NOI $180,936 @ 7.0% cap · market cap 9.91%

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

OASIS Clinic Medical Clinic Dr. Diana L. ... Physician

Suggested Use

Top Pick Veterinary Clinic Pet Grooming Service Electrical Service (Bike/Boat/Book/etc) Store Tanning Salon Carpet & Flooring Store

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

6,431

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 94612, CA

19,773

Population

11,928

Households

1.7

Avg Household Size

38

Median Age

54%

College-Educated

87%

High-School Grad

1.0 sq mi

ZIP Area

19,773

Density / Sq Mi

$77,069

Median Household Income

$70,221

Median Earnings

$1,936

Median Rent

$814,000

Median Home Value

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

Similar For Sale Nearby

See more

Oakland Office Building For Sale

725 Washington Street, Oakland, CA 94607

$1,525,000

7,753 SF

View details

Multi-Suite Mixed-Use Office Building

5263 Claremont Ave, Oakland, CA 94618

$2,200,000

8,865 SF

View details

Drive-In Flex Space

1422 Harrison Street, Oakland, CA 94612

$1,200,000

8,195 SF

View details

Remodeled Mixed-Use Building

8801 International Blvd, Oakland, CA 94621

$1,650,000

6,444 SF

View details

Four-Story Office Building

111 Broadway, Oakland, CA 94607

$2,150,000

10,189 SF

View details

Office Building with Loft Mezzanines

2357 San Pablo Avenue, Oakland, CA 94612

$1,250,000

5,243 SF

View details

Oakland Commercial Building with Parking

273 9Th St, Oakland, CA 94607

$4,250,000

10,500 SF

View details

Oakland Medical Office Building For Sale

2939 Summit St, Oakland, CA 94609

$2,500,000

4,770 SF

View details

Office Building with Elevator Access

638 Webster St, Oakland, CA 94607

$2,950,000

13,972 SF

View details

Oakland Commercial Building on Foothill

5783 Foothill Blvd, Oakland, CA 94605

$1,100,000

4,500 SF

View details

Downtown Oakland Victorian Office Building

653 11th Street, Oakland, CA 94612

$1,500,000

2,980 SF

View details

Two-Story Medical Office Building

2944 Webster St, Oakland, CA 94609

$1,145,000

3,262 SF

View details

Frequently Asked Questions

What type of property is this?

Medical Office Space - Well-maintained medical/office building with easy access and ample amenities.

Where is this medical office space located?

The property is located at 520 27th Street Oakland, CA.

What is the asking price?

The asking price for this property is $1,825,000.

What are key features of this property?

This property features: Delivered Vacant: Ready for immediate occupancy.; Excellent Location: Offers easy access to Hwy 24 and I‑580.; Versatile Layout: Features private offices/exam rooms and open areas.