1999 Harrison StOakland, CA 94612

Property Details for 1999 Harrison St

Year built

1985

Construction

STEEL FRAME

Lot size

1.44 AC

Property size (Sq ft)

490,000 SF

Property type

Office properties

Property subtype

Office buildings

APN

8-636-20-8

APU

8636208

Description

Lake Merritt Plaza, located at 1999 Harrison St in Oakland, CA 94612, offers exceptional Class A office space in Alameda County. This four-story building provides multiple tenancy options, with a minimum divisible space of 763 square feet and a maximum contiguous space of 2,507 square feet. Currently, 5,488 square feet of vacant office space is available for lease, ideal for businesses seeking flexible and modern accommodations. The property's prime location in Oakland offers easy access to various amenities and transportation options. The building's Class A designation reflects its high-quality construction, modern features, and desirable location. This presents a unique opportunity for businesses of various sizes to establish a presence in a thriving Oakland neighborhood. The available spaces are adaptable to a range of business needs, making Lake Merritt Plaza an attractive option for companies seeking efficient and well-appointed office environments. Interested parties are encouraged to inquire about lease terms and availability for these exceptional office suites. The building's address is conveniently located at 1999 Harrison Street, providing easy access to local transportation and amenities.

• CAP approach

  CAP return

  Valuation

  6%

  $179,857,584

  6.5%

  $166,022,384

  7%

  $154,163,632

• Comparable approach

  Method

  Valuation

  Relative Method

  $164,121,568

  Geo Method

  $136,665,904

• Alternative Use

  Use

  Valuation

  Residential

  $205,867,744

  Hospitality

  $188,573,760

  Educational

  $156,891,152

  Medical

  $162,286,880

  Retail

  $244,052,896

Location Insight

City

Oakland

County

Alameda

State

California

Latitude

37.8078

Longitude

-122.265

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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