Oakland Medical/Office Building For
For Sale
$1,985,000
520 520 27th Street, Oakland, CA 94612
Well-maintained medical/office building with gated parking and flexible layout.
Property Size7,895 SF
Price / SF$251.42
Days on Market390
Property Features for 520 520 27th Street
General Information
Standard status
Active
Size
7,895 SF
Property subtype
Commercial
Amenities
Enclosed
Building Details
Year Built
1979
Listing Agency:
WELLS & BENNETT REALTORS
(510) 531-7000
Listed By:
KELLY KLINGLER · License #01052191
(925) 550-9540
Source:
Corcoran
Added: Sep 17, 2025
Changed: Oct 4
Last Checked: Oct 11 at 6:41AM
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
Investment Insights
Based on property information with market context.
This well-maintained 7,895 square foot building is ideal for an owner-user or investor. It features easy access to Hwy 24 and I-580. The property includes on-site gated parking and is elevator served. The building has high ceilings, good natural light, ample power and plumbing, and a storage/receiving/work area with a rollup door. The first floor features a reception/lobby, five private exam rooms, two lab rooms with sinks and cabinetry, three restrooms, one shower, an open area, and a 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 used by the seller for a health clinic and education, the property will be delivered vacant.
Key Highlights
- Delivered vacant, ideal for owner‑user or investor.
- Excellent accessibility to Hwy 24 and I‑580.
- Versatile layout with both exam/lab rooms and private offices.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$130,741
Cap Rate
6.59%
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
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
NOI $130,741 @ 7.0% cap · market cap 6.59%
Second Best
Office B
$1.51M
$1.32M – $1.76M
NOI $105,844 @ 7.0% cap · market cap 5.33%
Theoretical Best
Multifamily LT 5
$2.58M
$2.26M – $3.02M
NOI $180,936 @ 7.0% cap · market cap 9.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Well-maintained medical/office building with gated parking and flexible layout.
Where is this medical office space located?
The property is located at 520 520 27th Street Oakland, CA.
What is the asking price?
The asking price for this property is $1,985,000.
What are key features of this property?
This property features: Delivered vacant, ideal for owner‑user or investor.; Excellent accessibility to Hwy 24 and I‑580.; Versatile layout with both exam/lab rooms and private offices.
