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Medical Office with Gated Parking
New
For Sale
$750,000

5255 Claremont Ave, Oakland, CA 94618

Private treatment rooms and a reception area are paired with dedicated, secured parking at the rear.

Property Size1,710 SF
Lot Size0.11 Acres
Price / SF$438.60
Days on Market1

Property Features for 5255 Claremont Ave

General Information

Standard status Active
Size 1,710 SF
Total Parking Spaces 5
Lot size 0.11 Acres
Property subtype Commercial
Zoning CC-2

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Gross Income $36,918

Taxes and HOA fees

Annual Taxes $6,980

Amenities

secure gated rear parking
ADA-accessible restroom

Building Details

Year Built 1958
Buildings 1
Stories 1
Building Size 1,710 SF
Tenancy Single
Listing Agency: Infinity Investments
Listed By: Steven Peterson · License #01746140
Source: Elliman
Added: Oct 19 Last Checked: Oct 19 at 2:22PM

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 Infinity Investments

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Investment Insights

Based on property information with market context.

This 1,710-square-foot, single-story medical office occupies a 4,713-square-foot lot at 5255 Claremont Ave in Oakland’s Temescal district. Its interior includes a reception and lobby, treatment rooms or private offices, and an ADA-accessible restroom. A gated rear lot provides five off-street parking spaces. The property was built in 1958 and is zoned CC-2 (Community Commercial - 2).

The building is occupied under a modified gross lease scheduled to end March 31, 2027. It sits one block from Telegraph Avenue, with access to Highway 24, BART, and local transit lines.

Key Highlights

  • 1,710‑square‑foot medical office on a 4,713‑square‑foot lot
  • Reception and lobby, treatment rooms or private offices, and an ADA‑accessible restroom
  • Gated rear parking area with 5 dedicated off‑street spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,156
Cap Rate
4.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$663,120 $663.1K
Cap Rate 7%
$473,657 $473.7K
Cap Rate 9%
$368,400 $368.4K
Market Conditions
NOI Build-Up for 1,710 SF
Gross rent
$50.1K $29.28/SF
− Vacancy
−$2.7K −$1.58/SF
EGI
$47.4K $27.70/SF
− OpEx
−$14.2K −$8.31/SF
NOI
$33.2K $19.39/SF
Area
Oakland, CA
Vacancy
5.40%
Lease Rate
$29.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$663,120
Cap Rate 7%
$473,657
Cap Rate 9%
$368,400

Alternative Uses

Best Use
Retail
$473.7K
$414.5K – $552.6K (±1% cap)
NOI $33,156 @ 7.0% cap · market cap 4.42%
Second Best
Healthcare Medical
$404.5K
$354.0K – $472.0K (±1% cap)
NOI $28,318 @ 7.0% cap · market cap 3.78%
Theoretical Best
Multifamily LT 5
$559.8K
$489.9K – $653.2K (±1% cap)
NOI $39,189 @ 7.0% cap · market cap 5.23%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Wabi-Sabi Massage Therapy Alternative Medicine Practice

Suggested Use

Top Pick HVAC Service Storage Facility Home Appliance Store (Bike/Boat/Book/etc) Store Mobile Phone Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,529
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

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Frequently Asked Questions

What type of property is this?
Medical Office Space - Private treatment rooms and a reception area are paired with dedicated, secured parking at the rear.
Where is this medical office space located?
The property is located at 5255 Claremont Ave Oakland, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1,710‑square‑foot medical office on a 4,713‑square‑foot lot; Reception and lobby, treatment rooms or private offices, and an ADA‑accessible restroom; Gated rear parking area with 5 dedicated off‑street spaces
More about this property
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