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409 13Th St 600 Oakland, CA 94612

Office buildings Google Maps
58,168 SF 0.21 ac lot Built 1924
Entity Owned 7-yr Hold ~ Est. High Equity
Estimated value (blended)
$9.30M
Range $8.37M – $10.22M (±10%)
Property ID US09-9247981

Property summary

AI-generated overview

This exceptional Oakland, CA office space at 409 13th St, zip code 94612, in Alameda County offers a diverse range of flexible work solutions. The property caters to various business needs, providing traditional office suites, executive offices, coworking spaces, medical offices, and creative office environments. Tenancy is multiple, allowing for businesses of all sizes to find a suitable fit. Options include fully furnished and equipped private offices, customizable to individual requirements, ranging from single-person setups to large corporate spaces. Coworking options are also available, offering shared workspaces and hot-desking arrangements. The location provides access to a variety of meeting rooms, suitable for informal chats or formal presentations, conferences, and training sessions. Virtual office solutions are also offered, including prestigious business addresses, mail handling, and virtual assistant services. Flexible working plans provide access to a global network of workspaces, allowing for seamless transitions between locations. The property offers a range of sizes, accommodating businesses of all scales. Inquire today to explore the possibilities and find the perfect workspace to suit your business needs.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING (MULTI-STORY)
Year built 1924
Construction STEEL FRAME
Total area 58,168 SF
Lot 0.21 ac (9,000 SF)
APN 2-51-2
UPID US09-9247981

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Psychiatrist Psychoanalyst
  • Agricultural Service Corporate Office
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Law Firm
  • Law Firm

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$12.80M
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.30M

Owner & transaction history

since 2019
7 recorded transactions
2022
Price N/A
2019
$48.0M
2017
Price N/A
2016
$20.4M
2011
$8.0M
2006
Price N/A
2000
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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