2030 Franklin StOakland, CA 94612

Property Details for 2030 Franklin St

Year built

1955

Construction

CONCRETE

Lot size

0.37 AC

Property size (Sq ft)

39,312 SF

Property type

Office properties

Property subtype

Office buildings

APN

8-651-8-1

APU

865181

Description

This Class A, 40,000 square foot office building at 2030 Franklin Street in Oakland, CA, offers multiple tenancy options. Recently renovated in 2020, the building features modern amenities and is conveniently located in the heart of downtown Oakland, near the intersection of 20th and 21st Streets. Suites range from 1,900 to 5,700 contiguous square feet, with 5,710 square feet currently vacant. The building includes elevators and is easily accessible via BART, Amtrak, and major freeways (880 and 980), providing convenient commutes to Silicon Valley and San Francisco. It's also just 10 minutes from Oakland International Airport and 20 minutes from downtown San Francisco. The property's central location offers employees and clients access to numerous restaurants, shops, and entertainment venues. This versatile space is suitable for traditional office, medical office, or creative office uses, making it an ideal location for a variety of businesses. The building's Alameda County address and 94612 zip code further highlight its prime location within the vibrant Oakland business district. This is a rare opportunity to secure high-quality office space in a thriving urban environment.

• CAP approach

  CAP return

  Valuation

  6%

  $14,429,716

  6.5%

  $13,319,738

  7%

  $12,368,328

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,167,239

  Geo Method

  $10,964,510

• Alternative Use

  Use

  Valuation

  Residential

  $16,516,475

  Hospitality

  $15,129,003

  Educational

  $12,587,153

  Medical

  $13,020,044

  Retail

  $19,580,016

Location Insight

City

Oakland

County

Alameda

State

California

Latitude

37.8093

Longitude

-122.266

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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