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    2520 8Th St Berkeley, CA 94710

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    For Sale
    Contact for pricing

    Improved 2.59-acre land parcel with income-producing parking in Berkeley, CA.

    Lot size:
    2.59 Acres

    Property Features for 2520 8Th St

    General Information

    Lot size
    2.59 Acres

    Source: Newmark | Oakland Agent Steve Kapp, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Berkeley Land Parcel For Sale

    Available for sale is a fee simple interest in an improved land parcel located at 2520 8th Street in Berkeley, CA. The property spans approximately 2.59 acres and is fully secured with fencing and an automatic security gate. The site is paved and striped to accommodate 247 parking stalls, and includes landscaping and lighting. A parking license agreement is in place covering 60 spaces, generating approximately $103,000.00 in annual income for the property. The property is zoned MU-LI District, with a maximum height limit of 45 feet. Permitted uses, which may require a Use Permit or AUP, include general retail, personal and household services, business support services, medical facilities, business and professional offices, alternative fuel stations, light manufacturing, warehouse facilities, wholesale trade, non-vehicle repair services, pharmaceuticals, and physical or biological labs.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Berkeley
    County
    Alameda
    State
    California
    Longitude
    -122.2932931
    Latitude
    37.8596723

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    FAQs

    What type of property is this?
    Commercial land - Improved 2.59-acre land parcel with income-producing parking in Berkeley, CA.
    Where is this commercial land located?
    The property is located at 2520 8Th St Berkeley, CA.
    What are key features of this property?
    This property features: - ± 2.59 acre land parcel in Berkeley, CA.; - Existing parking license agreement generates approximately $103,000.00 in annual income.; - Zoned MU-LI, allowing for a wide range of uses.
    (510) 923-6200
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    2520 8Th St Berkeley, CA 94710
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    Berkeley, CA 94710
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2520 8Th St Berkeley, CA 94710
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