Property profile

445 Lesser St Oakland, CA 94601

OFF-MARKET
Flex space
Property ID
US09-7617044
12,288 SF 0.49 ac lot Built 1966
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1966
Construction TILT-UP CONCRETE
Total area 12,288 SF
Lot 0.49 ac (21,240 SF)
APN 34-2304-5-1
UPID US09-7617044

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
  • Exhibit Design Engineer
  • Corporate Office
  • Hardware & Home Improvement Building Supply

Location

445 Lesser St Oakland, CA 94601-4901
Oakland metro Census 407300 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.35M
CAP Approach CAP
$2.32M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.35M

Owner & transaction history

since 2024
Last sale
$3.4M
5 recorded transactions
2024
$3.4M
2021
Price N/A
2021
Price N/A
2007
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $5.2M +43.0%
Restaurant $4.4M +21.2%
Medical building $4.1M +13.1%

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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