3970 Piedmont AveOakland, CA 94611

Property Details for 3970 Piedmont Ave

Year built

1918

Construction

WOOD

Lot size

0.15 AC

Property size (Sq ft)

10,974 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

12-935-48

APU

1293548

Description

This exceptional Oakland, California property at 3970 Piedmont Avenue offers a prime opportunity for medical professionals and businesses seeking versatile space. The building, located in Alameda County, boasts a total of 10,974 square feet, with multiple tenancy options available. Currently, there are 3,300 square feet of vacant space, divisible into units as small as 100 square feet, with a maximum contiguous space of 1,400 square feet. The property features a desirable street-front retail space offering excellent visibility and exposure. In addition to the street-level retail space, there are also office spaces available on the ground floor and second floor, ranging in size from approximately 800 to 1,400 square feet. The building is classified as both retail and office space, making it suitable for a variety of uses, including medical offices and fitness facilities. Ample parking is provided for tenants and clients. The property's location in Oakland, CA, zip code 94611, offers convenient access to major transportation routes and a thriving community. This is an ideal opportunity to establish or expand your business in a highly visible and accessible location. The flexible space options cater to diverse needs, making this a truly versatile and attractive commercial property.

• CAP approach

  CAP return

  Valuation

  6%

  $3,039,568

  6.5%

  $2,805,756

  7%

  $2,605,344

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,800,370

  Geo Method

  $3,060,758

• Alternative Use

  Use

  Valuation

  Residential

  $3,479,137

  Hospitality

  $3,186,870

  Educational

  $2,651,439

  Medical

  $2,742,626

  Retail

  $4,124,460

Location Insight

City

Oakland

County

Alameda

State

California

Latitude

37.8251

Longitude

-122.254

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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