Medical Office with On-Site
5212 Claremont Ave, Oakland, CA 94618
For Sale
New
$700,000
Vacant space includes a reception lobby, treatment rooms, two restrooms, and a dedicated parking area.
Property Size1,265 SF
Lot Size0.12 Acres
Price / SF$553.36
Days on Market2
Property Features for 5212 Claremont Ave
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Highway Access
Road Access
Public Transit
Additional Details
Office Units
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Buildings
Stories
Building Size
Listed By:
Steven Peterson · License CA #01746140
(408) 509-0700
Source:
Elliman
Added: Nov 12
Last Checked: Nov 12 at 2:48PM
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 Steven Peterson
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Investment Insights
Based on property information with market context.
This single-story medical office property contains 1,265 square feet on a 5,040-square-foot parcel. Its existing plan includes a reception lobby, several private treatment rooms or offices, an office and storage area, and two restrooms. The building dates to 1908 and will be vacant at closing. Six parking spaces are provided in a rear lot reached by a side driveway.
The property fronts Claremont Avenue, one block from the Telegraph Avenue and 51st Street commercial corridor. Highway 24, I-580, I-880, and the MacArthur and Rockridge BART stations are nearby. Walk Score is 88, Bike Score is 60, and Transit Score is 53.
CC-2 (Community Commercial) zoning supports professional offices, medical centers, ground-floor retail, and consumer services.
The property fronts Claremont Avenue, one block from the Telegraph Avenue and 51st Street commercial corridor. Highway 24, I-580, I-880, and the MacArthur and Rockridge BART stations are nearby. Walk Score is 88, Bike Score is 60, and Transit Score is 53.
CC-2 (Community Commercial) zoning supports professional offices, medical centers, ground-floor retail, and consumer services.
Key Highlights
- 1,265 SF single‑story building on a 5,040 SF parcel
- CC‑2 (Community Commercial) zoning
- Reception lobby, private treatment rooms or offices, office/storage area, and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,948
Cap Rate
2.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,960
$419.0K
Cap Rate 7%
$299,257
$299.3K
Cap Rate 9%
$232,756
$232.8K
Market Conditions
NOI Build-Up for 1,265 SF
Gross rent
$38.0K $30.00/SF
− Vacancy
−$3.0K −$2.40/SF
EGI
$34.9K $27.60/SF
− OpEx
−$14.0K −$11.04/SF
NOI
$20.9K $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%
$418,960
Cap Rate 7%
$299,257
Cap Rate 9%
$232,756
Alternative Uses
Best Use
Healthcare Medical
$299.3K
$261.9K – $349.1K
NOI $20,948 @ 7.0% cap · market cap 2.99%
Second Best
Office B
$242.3K
$212.0K – $282.7K
NOI $16,959 @ 7.0% cap · market cap 2.42%
Theoretical Best
Multifamily LT 5
$414.2K
$362.4K – $483.2K
NOI $28,991 @ 7.0% cap · market cap 4.14%
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
Lease Details
1
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,529
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 94618, CA
16,946
Population
7,873
Households
2.2
Avg Household Size
43
Median Age
86%
College-Educated
98%
High-School Grad
2.4 sq mi
ZIP Area
7,061
Density / Sq Mi
$205,552
Median Household Income
$119,347
Median Earnings
$2,742
Median Rent
$1,789,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Medical Office Space in Alameda County, CA
Properties on Market for Medical Office Space in Alameda County
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Vacant space includes a reception lobby, treatment rooms, two restrooms, and a dedicated parking area.
Where is this medical office space located?
The property is located at 5212 Claremont Ave Oakland, CA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 1,265 SF single‑story building on a 5,040 SF parcel; CC‑2 (Community Commercial) zoning; Reception lobby, private treatment rooms or offices, office/storage area, and two restrooms
