7901 Oakport StOakland, CA 94621

  • Office properties
  • 70,920 SF
For Lease
$13.44/SF/YR View listing

Property Details for 7901 Oakport St

Year built
1971
Construction
TILT-UP CONCRETE
Lot size
3.63 AC
Property size (Sq ft)
70,920 SF
Property type
Office properties
Property subtype
Office buildings
APN
42-4435-4-10
APU
424435410

Description

This exceptional Oakland office property, located at 7901 Oakport Street, offers a diverse range of spaces ideal for various business needs. The property comprises approximately 70,280 square feet across two buildings, each two stories high, with a minimum divisible space of 828 square feet and larger spaces available up to 2,914 square feet. Built in 1971 and renovated in 1995, the Class B building features 11-foot ceilings, elevators, and ample secured parking. Its strategic location in the Oakland Airport Business Park, near the I-880 freeway and Oakland International Airport, provides convenient access and high visibility to over 400,000 vehicles daily. The property boasts a range of amenities including a conferencing facility, 24-hour access, prominent signage options, and a state-of-the-art HVAC system. Select suites offer private patios, floor-to-ceiling windows, and modern upgrades. Full-service leases are available, including utilities and janitorial services adhering to CDC-certified cleaning guidelines. The property's zoning (D-CO-5) allows for flexible office uses, making it suitable for traditional, executive, coworking, medical, or creative office spaces. The property sits on 3.63 acres and includes 25 total suites. Its proximity to Downtown Oakland and numerous amenities further enhances its appeal.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $18,359,750
    6.5%
    $16,947,462
    7%
    $15,736,928
  • Comparable approach

    Method
    Valuation
    Relative Method
    $13,169,723
    Geo Method
    $19,780,298
  • Alternative Use

    Use
    Valuation
    Residential
    $21,014,852
    Hospitality
    $19,249,492
    Educational
    $16,015,351
    Medical
    $16,566,143
    Retail
    $24,912,768
7901 Oakport St, Oakland, California
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Location Insight

City
Oakland
County
Alameda
State
California
Latitude
37.7424
Longitude
-122.2
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$139,287
$2,849,748
$5,701,496
$8,551,244
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