500 12Th St Oakland, CA 94606
Property profile & analytics
500 12Th St Oakland, CA 94606
- Office buildings
- 31,019 SF
- 0.40 lot acres
Property ID
US09-6754884
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Digital Forensics / IT Consulting Firm / Tech Support Center
- Panda Express / Restaurant
- City Center Pizzeria / Restaurant
- OCC Conference Center / Conference Center / Trade Show Venue
- ENGIE Services U.S. / Corporate Office
Property Details for 500 12Th St
- Year built
- 1988
- Construction
- STEEL FRAME
- Lot size
- 0.40 lot acres
- Property size
- 31,019 SF
- Property type
- Office buildings
- APN
- 2-97-35
- APU
- 29735
Description
City Square, located at 500 12th Street in Oakland, California, 94607, offers 132,205 square feet of executive office space in a four-story building constructed in 1987. This prime location sits on a 1.07-acre lot in Alameda County and provides exceptional accessibility. The building features multiple tenancies, with spaces ranging from a minimum of 1,695 square feet to a maximum contiguous space of 41,444 square feet. Currently, all 132,205 square feet are vacant, presenting a unique opportunity for a single tenant or multiple occupants. The property boasts ample parking with a ratio of one space per 1,000 square feet. Convenient amenities include operable windows, and proximity to a variety of shops, restaurants, business services, athletic clubs, plazas, and fountains. Its strategic location offers easy access to Interstate 980, just one block away, and the BART system. Two underground garages provide secure parking, supplemented by AC Transit bus service and a free AC shuttle bus to downtown Oakland and Jack London Square. This exceptional property offers a blend of modern convenience and classic Oakland charm.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $7,395,000
- 6.5%
- $6,825,000
- 7%
- $6,335,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $7,775,000
- AI Estimate
- $5,874,000
Market price range: $4.87M - $10.7MMarket price range: $1.92M - $9.83M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $8,030,000 Current use
- RESTAURANT
- $11,170,000 Change: +39% Conversion: Moderate
- MEDICAL BUILDING
- $10,425,000 Change: +30% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $10,290,000 Change: +28% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $7,960,000 Change: -1% Conversion: Easy
- RETAIL STORES
- $7,375,000 Change: -8% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.274
- Latitude
- 37.804
- 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
$134,325
$2,717,224
$6,339,389
$9,056,613
-
$0.00
$0.00
$0.00
