555 12Th StOakland, CA 94607

Property Details for 555 12Th St

Year built

2002

Construction

STEEL FRAME

Lot size

1.38 AC

Property size (Sq ft)

525,866 SF

Property type

Office properties

Property subtype

Office buildings

APN

2-33-15-1

APU

233151

Description

This exceptional 6,179 square foot executive office space is located in Oakland's City Center, within the prestigious Class A, 20-story "City Center" building, constructed in 2002. The building boasts a total of 487,224 square feet and offers a single-tenant occupancy opportunity. This suite is ideally situated at 555 12th St, Oakland, CA 94607, conveniently located across from the Federal Building and near the intersection of 12th Street and Clay Street in Alameda County. The building provides ample parking with a ratio of one space per 1,000 square feet. The property's Class A designation reflects its high-quality construction and modern amenities. Given its size and location, this space is perfect for a company seeking a prominent and easily accessible office in the heart of Oakland. The building's impressive scale and prime location offer excellent visibility and accessibility for employees and clients alike. This single-tenant space provides the opportunity to customize the layout to perfectly suit your business needs. The available 6,179 square feet offers significant flexibility for a variety of office configurations. Don't miss this chance to secure a premier office space in a thriving Oakland location.

• CAP approach

  CAP return

  Valuation

  6%

  $140,984,048

  6.5%

  $130,139,120

  7%

  $120,843,464

• Comparable approach

  Method

  Valuation

  Relative Method

  $100,096,944

  Geo Method

  $146,669,280

• Alternative Use

  Use

  Valuation

  Residential

  $161,372,512

  Hospitality

  $147,816,352

  Educational

  $122,981,464

  Medical

  $127,210,984

  Retail

  $191,304,496

Location Insight

City

Oakland

County

Alameda

State

California

Latitude

37.8038

Longitude

-122.275

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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