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INVESTMENT HIGHLIGHTS
- Fully leased to RadNet, a national imaging company with strong financials.
- Zoning supports medical office or mixed-use redevelopment with height and FAR flexibility.
- Prime location in Oakland’s “Pill Hill” medical district near major hospitals.
EXECUTIVE SUMMARY
The asset spans approximately 12,500 square feet on a 1.01-acre parcel, with reinforced masonry construction and ADA-compliant features. Originally built in 1955 and renovated in 2004, the property includes six ADA restrooms, sprinklers, and ample parking at a ratio of 4 spaces per 1,000 SF. Zoning (CC-2, S-13) allows for significant future development potential, including medical office expansion or mixed-use projects with residential units above ground-floor retail. With a maximum height of 65 feet and FAR up to 3.0, this site offers strong upside for developers seeking to capitalize on Oakland’s growing healthcare and housing demand.
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Office
Property Subtype
Medical
Building Size
15,350 SF
Building Class
C
Year Built/Renovated
1955/2004
Tenancy
Single
Building Height
1 Story
Typical Floor Size
15,350 SF
Building FAR
0.35
Lot Size
1.01 AC
Zoning
CC-2 - Community Commercial
Parking
35 Spaces (2.28 Spaces per 1,000 SF Leased)
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (70)
Bike Score®
Very Bikeable (88)
PROPERTY TAXES
| Parcel Number | 009-0746-025-00 | Improvements Assessment | $2,250,000 |
| Land Assessment | $2,000,000 | Total Assessment | $4,250,000 |
PROPERTY TAXES
Parcel Number
009-0746-025-00
Land Assessment
$2,000,000
Improvements Assessment
$2,250,000
Total Assessment
$4,250,000
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