Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    2100 Lakeshore Ave Oakland, CA 94606

    • Office Properties & Spaces
    • 7,817 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Rebecca Klein / Social Worker
    • Andrea M. Sullivan, DC / Chiropractor
    • Blackline Partners LLC / Accounting Firm
    • Alameda Tax Service, A Blackline Partners Company / Accountant / Bookkeeping Service
    • Jody Berke / Marriage Or Relationship Counselor / Practitioner Service Location

    Property Details for 2100 Lakeshore Ave

    Year built
    1923
    Property size
    7,817 SF
    Property type
    Office Properties & Spaces

    Description

    This exceptional 7,817 square foot Class B executive office building, located at 2100 Lakeshore Avenue in Oakland, California, presents a compelling investment opportunity. Built in 1923, this multi-tenant property boasts a prime location directly across from Lake Merritt, offering stunning lake views. Currently operating at 25% occupancy, the building is listed at $2,750,000, representing a price per square foot of $351.80 and a 6.50% cap rate. The gross lease structure simplifies management. The property includes a private parking lot, a significant advantage in this desirable location. Its spacious layout and existing amenities provide flexibility for various uses. The property is well-suited for owner-occupiers seeking a prestigious address or developers considering conversion possibilities, perhaps into residential units. Situated in Alameda County, zip code 94606, this property offers a unique blend of waterfront tranquility and urban convenience. Owner financing may be available. This is a rare opportunity to acquire a landmark property with significant upside potential in a highly sought-after Oakland location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.251
    Latitude
    37.8044

    Comparable in this City

    • Value Estimation by Request
      3,831 SF

      15 Embarcadero Cv

      Office Properties & Spaces • 3,831 SF
      15 Embarcadero Cv, Oakland, CA 94606
      View Details
    • Value Estimation
      $295,000
      1,776 SF

      530 8th St

      CONDOMINIUM OFFICES • 1,776 SF
      530 8th St, Oakland, CA 94606-2820
      View Details
    • Value Estimation
      $240,000
      876 SF

      Embarcadero W

      CONDOMINIUM OFFICES • 876 SF
      Embarcadero W, Oakland, CA 94606
      View Details
    • Value Estimation
      $280,000
      1,968 SF

      11 Embarcadero Cvs230

      CONDOMINIUM OFFICES • 1,968 SF
      11 Embarcadero Cvs230, Oakland, CA 94606-5203
      View Details
    • Value Estimation by Request
      7,500 SF

      1330 Lakeshore Ave

      Office space • 7,500 SF
      1330 Lakeshore Ave, Oakland, CA 94606
      View Details
    • Value Estimation
      $500,000
      2,016 SF

      530 8th St

      CONDOMINIUM OFFICES • 2,016 SF
      530 8th St, Oakland, CA 94606-2820
      View Details

    Similar Nearby for Sale

    • $299,000
      520 SF

      Ground-Level Condo with Street Visibility

      Versatile condo ideal for office, retail, or creative use.
      1515 14Th St, Oakland, CA 94606
      View Details
    • $275,000

      Ground-Level Condo with Street Visibility

      Condo suitable for office, retail, or creative use.
      1515 14Th Ave, Oakland, CA 94606
      View Details
    • $275,000
      520 SF

      Ground-Level Condo with Street Visibility

      Well-maintained condo suitable for office, retail, or creative use.
      14Th Ave, Oakland, CA 94606
      View Details
    • $358,000
      2,483 SF

      Oakland Commercial Condo For Sale

      Ground-floor commercial condo with flexible floorplan in excellent location.
      400 E 12Th St, Oakland, CA 94606
      View Details
    • Contact for pricing
      2,845 SF

      Oakland Office Space Near Development

      Office space near Brooklyn Basin development project in Oakland.
      2100-2102 Dennison St, Oakland, CA 94606
      View Details
    • $2,395,000
      7,817 SF

      Lake Merritt Waterfront Corner Building

      7,817 SF corner building with lake views and parking.
      2108 Lakeshore Ave, Oakland, CA 94606
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      4,000 SF

      Oakland Office Space For Lease

      4,000 SF stand-alone office building, convenient location, abundant parking.
      1946 Embarcadero, Oakland, CA 94606
      View Details
    • $25 SF/Yr
      13,460 SF

      Shell Condition Office Space

      Office space in shell condition, near transportation.
      601 12Th St, Oakland, CA 94606
      View Details
    • $3 SF/Yr
      4,572 SF

      Oakland Office Space Available

      Office space available for lease in Oakland, California.
      11 Embarcadero Cv, Oakland, CA 94606
      View Details
    • $9,000 /Mo
      79,592 SF

      Oakland Flex Space Available

      Move-in ready flex space with offices, warehouse, and parking.
      Embarcadero, Oakland, CA 94606
      View Details
    • $6,000 /Mo
      79,592 SF

      Move-in Ready Creative Space Oakland

      Creative flex space in Oakland, move-in ready with on-site parking.
      Embarcadero, Oakland, CA 94606
      View Details
    • $24 SF/Yr
      3,100 SF

      Stand-Alone Victorian Office Building

      Office space suitable for attorneys, accountants, and other professionals.
      1940 Embarcadero, Oakland, CA 94606
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2100 Lakeshore Ave
    Oakland, CA 94606
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.