1404 Franklin St Oakland, CA 94612
- Office buildings
- 53,913 SF
- 0.21 lot acres
Current Use by Public Records
- Urban Strategies Council / Non-Profit Organization
- Sustainable Group, Inc / General Contractor
- Children Now / Non-Profit Organization
- Children Now Action Fund / Non-Profit Organization
- DURANS AUTO GLASS IN OAKLAND CA MOBILE SERVICEONLY' / Auto Glass Shop
Property Details for 1404 Franklin St
- Year built
- 1924
- Construction
- STEEL FRAME
- Lot size
- 0.21 lot acres
- Property size
- 53,913 SF
- Property type
- Office buildings
- APN
- 8-624-41
- APU
- 862441
Description
This exceptional seven-story office building, originally constructed in 1924 and fully renovated in 2015, offers a unique blend of historic charm and modern amenities. Located in Alameda County's vibrant CBD Oakland submarket, this Class B property boasts 68,400 square feet of space, with 17,235 square feet currently available for lease. Multiple tenancy options are available, ranging from a minimum of 1,422 square feet to a maximum contiguous space of 7,312 square feet. The building features a steel-frame mid-rise structure, two fully refurbished elevators, and a zoned heat pump HVAC system ensuring optimal climate control. Security is paramount with a card reader secured main entryway providing 24/7 access. Additional features include a sprinkler system, ADA compliance throughout, and convenient access to DSL, T-1, and fiber optic telecom services. Secure basement storage and bicycle parking are also available. The building's prime location is just two blocks from the 12th Street BART station, offering excellent public transportation access. Abundant monthly and visitor parking options are available, along with numerous nearby restaurants. This is an unparalleled opportunity to secure prestigious office space in the heart of downtown Oakland.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $690,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $900,000
- 6.5%
- $780,000
- 7%
- $810,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,045,000
- Geo Method
- $875,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $895,000
- Retail
- $690,000
- Mixed-Use
- $915,000
- Hospitality
- $865,000
- Educational
- $860,000
- Residential Income
- $810,000
- Energy
- $735,000
- Income-Based Land
- $950,000
- Food Service
- $800,000
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.27
- Latitude
- 37.8039
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
