Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2512 Ninth Berkeley, CA 94710

    • Commercial real estate
    • 0.55 lot acres
    For Sale
    View listing
    $595,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2512 Ninth

    Lot size
    0.55 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional commercial condo, located at 2512 Ninth Street in Berkeley, California, presents a fantastic opportunity for business owners. Priced at $595,000, this 0.55-acre property offers a single unit within a sixteen-unit HOA. The unit itself is a corner unit boasting high ceilings, stylish metal sash windows, and recently updated features including new carpeting and paint. A significant seismic upgrade has been completed, ensuring structural integrity. The interior layout includes a dedicated conference room and an open-plan workspace, ideal for a variety of business configurations. The unit benefits from excellent natural light thanks to its design and location. Common area restrooms are conveniently located down the hall. The HOA comprises a vibrant community of designers, architects, and artists, creating a stimulating and collaborative environment. The building also features a brand new roof, eliminating any immediate roof replacement concerns. This property is perfect for a business seeking a well-maintained, updated space in a desirable Berkeley location. The potential for SBA loan financing makes this an even more attractive proposition for prospective buyers. This is a rare opportunity to own a thriving commercial space in a sought-after area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Berkeley
    County
    Alameda
    State
    California
    Longitude
    -122.292
    Latitude
    37.8604

    Comparable in this City

    • Value Estimation by Request
      285,221 SF

      1099 Ashby Ave

      COMMERCIAL (GENERAL) • 285,221 SF
      1099 Ashby Ave, Berkeley, CA 94710-2807
      View Details
    • Value Estimation by Request
      12,258 SF

      2007 4Th St

      Restaurants • 12,258 SF
      2007 4Th St, Berkeley, CA 94710
      View Details
    • Value Estimation by Request
      2,292 SF

      1033 Pardee St

      COMMON AREA (COMMERCIAL) • 2,292 SF
      1033 Pardee St, Berkeley, CA 94710-2612
      View Details
    • Value Estimation by Request
      6,172 SF

      6th St

      COMMON AREA (COMMERCIAL) • 6,172 SF
      6th St, Berkeley, CA 94710
      View Details
    • Value Estimation by Request
      2,960 SF

      809 Hearst Ave, Unit A

      COMMON AREA (COMMERCIAL) • 2,960 SF
      809 Hearst Ave, Berkeley, CA 94710-2077
      View Details
    • Value Estimation by Request
      2,160 SF

      2445 6th St

      COMMERCIAL (GENERAL) • 2,160 SF
      2445 6th St, Berkeley, CA 94710-2439
      View Details

    Similar Nearby for Sale

    • $3,750,000
      0.25 Acres

      Berkeley Commercial Warehouse - Prime Location

      High-visibility warehouse, Bay Area access, included inventory.
      1805 Eastshore Hwy, Berkeley, CA 94710
      View Details
    • $595,000
      0.55 Acres

      Berkeley Commercial Condo - Prime Location

      Office Condo, High Ceilings, Updated
      2512 Ninth, Berkeley, CA 94710
      View Details
    • $499,000
      Pending

      Light-Filled Office Suite in Berkeley

      Prime location office space with private offices and parking.
      817 Delaware St, Berkeley, CA 94710
      View Details
    • $749,000
      Pending

      Berkeley Land with Approved Plans

      Land with approved plans for a 3-unit townhouse community.
      Camelia St, Berkeley, CA 94710
      View Details
    • Contact for pricing
      10,563 SF

      Berkeley Retail/Office Building For Sale

      Two-story retail/office building in high-traffic West Berkeley location.
      1095 University Ave, Berkeley, CA 94710
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      81,500 SF

      Berkeley Lab Facility with Parking

      Class A lab and office space in West Berkeley.
      725 Potter St, Berkeley, CA 94710
      View Details
    • Contact for pricing
      7,957 SF

      Contemporary Office and Lab Space

      Office and lab space with outdoor gathering area in Berkeley.
      2222 4Th St, Berkeley, CA 94710
      View Details
    • Contact for pricing
      9,260 SF

      Berkeley Flex Space Available

      9,260 SF flex space with build-to-suit lab improvements.
      1440 4Th St, Berkeley, CA 94710
      View Details
    • Contact for pricing
      1,026 SF

      Retail Space Near UC Berkeley

      High-visibility retail space in a mixed-use project near UC Berkeley.
      1598 University Ave, Berkeley, CA 94710
      View Details
    • Contact for pricing
      12,923 SF

      Berkeley Mixed-Use Retail/Office Building

      Mixed-use building in Berkeley's Fourth Street retail district.
      1700-1730 4Th St, Berkeley, CA 94710
      View Details
    • Contact for pricing
      384 SF

      Retail Space in Berkeley's Gilman District

      Retail space available in high-traffic Berkeley location.
      1300-1328 10Th St, Berkeley, CA 94710
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2512 Ninth
    Berkeley, CA 94710
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!