5353 Claremont AveOakland, CA 94618

Property Details for 5353 Claremont Ave

Year built

1966

Construction

WOOD

Lot size

0.11 AC

Property size (Sq ft)

5,450 SF

Property type

Office properties

Property subtype

Office buildings

APN

14-1228-11-1

APU

141228111

Description

This exceptional 560-square-foot office space is ideally situated at 5353 Claremont Avenue in Oakland, California, 94618. Located directly across from the Department of Motor Vehicles, this traditional office space offers unparalleled convenience and high visibility. The property is categorized as a traditional office and is part of a multi-tenant building. This single available unit provides a functional and efficient layout, perfect for a small business or professional practice seeking a prominent Oakland address. The space is ready for immediate occupancy, allowing for a quick and seamless transition. Its prime location ensures easy access for clients and employees alike, benefiting from high foot traffic and excellent visibility. The address, 5353 Claremont Avenue, offers convenient access to major transportation routes, simplifying commutes and logistics. This presents a unique opportunity to establish a presence in a thriving Oakland neighborhood, with the added benefit of proximity to a high-traffic government facility. The space is suitable for a variety of uses, making it a versatile option for businesses seeking a well-located and functional office environment. Inquire today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,509,536

  6.5%

  $1,393,418

  7%

  $1,293,888

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,390,743

  Geo Method

  $1,520,060

• Alternative Use

  Use

  Valuation

  Residential

  $1,727,838

  Hospitality

  $1,582,690

  Educational

  $1,316,780

  Medical

  $1,362,066

  Retail

  $2,048,324

Location Insight

City

Oakland

County

Alameda

State

California

Latitude

37.8403

Longitude

-122.26

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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