Storefront
For Sale
Contact for pricing
1805-1807 Eastshore Hwy, Berkeley, CA 94710
The property carries MU-LI zoning and was built in 1966.
Property Size10,000 SF
Price / SF$290
Days on Market56
Property Features for 1805-1807 Eastshore Hwy
General Information
Standard status
Active
Size
10,000 SF
Total Parking Spaces
5
Property subtype
Industrial, Retail
Zoning
MU-LI
Investment Type
Owner/User
Additional Details
Highway Access
Yes
Building Details
Year Built
1966
Units
1
Tenancy
Single
Listing Agency:
HC&M Commercial Properties Inc
(925) 596-1401
Listed By:
Jay Cahan · License #CA 01907186
Source:
Crexi
Added: Jul 6
Changed: Aug 29
Last Checked: Aug 29 at 8:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HC&M Commercial Properties Inc
Investment Insights
Based on property information with market context.
This storefront property is located at 1805-1807 Eastshore Hwy in Berkeley, California. The building dates to 1966 and carries MU-LI zoning.
The offering is presented for sale with owner-user and investment positioning, along with stated sale-leaseback potential.
The offering is presented for sale with owner-user and investment positioning, along with stated sale-leaseback potential.
Key Highlights
- MU‑LI zoning designation
- Built in 1966
- Located at 1805‑1807 Eastshore Hwy, Berkeley, CA 94710
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$233,100
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,662,000
$4.7M
Cap Rate 7%
$3,330,000
$3.3M
Cap Rate 9%
$2,590,000
$2.6M
Market Conditions
NOI Build-Up for 10,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$360.0K $36.00/SF
− Vacancy
−$27.0K −$2.70/SF
EGI
$333.0K $33.30/SF
− OpEx
−$99.9K −$9.99/SF
NOI
$233.1K $23.31/SF
Area
Berkeley, CA
Vacancy
7.50%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,662,000
Cap Rate 7%
$3,330,000
Cap Rate 9%
$2,590,000
Alternative Uses
Best Use
Retail
$3.33M
$2.91M – $3.89M
NOI $233,100 @ 7.0% cap · market cap 8.04%
Second Best
Industrial
$1.46M
$1.28M – $1.70M
NOI $102,102 @ 7.0% cap · market cap 3.52%
Theoretical Best
Specialty Retail
$3.87M
$3.38M – $4.51M
NOI $270,720 @ 7.0% cap · market cap 9.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,617
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 94710, CA
9,552
Population
4,105
Households
2.3
Avg Household Size
38
Median Age
65%
College-Educated
92%
High-School Grad
2.2 sq mi
ZIP Area
4,342
Density / Sq Mi
$118,007
Median Household Income
$67,117
Median Earnings
$2,546
Median Rent
$1,084,500
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Duet Botanical — 2332 Fourth St, Berkeley, CA 94710
- Flor on Fourth — 1800 Fourth St Suite A, Berkeley, CA 94710
- Fourth Street Flowers permanently closed after July 31st, 2022. Thank you for your support all these years since 2003 — 1800 Fourth St, Berkeley, CA 94710
Frequently Asked Questions
What type of property is this?
Storefront property - The property carries MU-LI zoning and was built in 1966.
Where is this storefront property located?
The property is located at 1805-1807 Eastshore Hwy Berkeley, CA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: MU‑LI zoning designation; Built in 1966; Located at 1805‑1807 Eastshore Hwy, Berkeley, CA 94710
