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Property profile & analytics
OFF-MARKET
Estimated value
$1,125,000
Commercial real estate
1333 University Ave Berkeley, CA 94702-1710
Individually Owned
29-yr Hold
Free & Clear
Property ID
US09-8148836
Property summary
AI-generated overview
This established Berkeley, CA preschool is available for purchase at $1,500,000. The 4,800 square foot facility is licensed for 69 children, currently serving infants, toddlers, and preschool-aged children. The center boasts a versatile layout with ample classrooms and offices, well-maintained facilities, and recreational areas. Its strategic location in Berkeley, CA, at 1333 University Ave, 94702, ensures excellent visibility and accessibility. Currently operating at near capacity (52 children), with potential for increased enrollment and revenue, this presents a unique opportunity for expansion. The preschool has a long operational history and offers a turnkey solution for investors seeking entry into the childcare sector or portfolio expansion. The property's modern amenities and infrastructure support a thriving school environment. Buyer to verify expansion potential and all due diligence.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1938
Construction
WOOD
Total area
5,128 SF
Lot
0.24 ac (10,300 SF)
APN
57-2073-8
UPID
US09-8148836
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Woolly Mammoth Child Care Daycare Center Foster Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.47M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.13M
Owner & transaction history
Ruegg · 29 yrs held
Ruegg
since 1997
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.8M
+15.7%
Auto repair, garage
$1.7M
+6.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Berkeley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berkeley submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,590,000
6.5%
$1,470,000
7%
$1,365,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,550,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,795,000
Change: +16% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,650,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$1.13M
Range $1.01M – $1.24M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$219 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$24,623
Tax year 2023
Assessed value
$1,315,340
Assessed 2024
Previous assessed
$1,289,553
+2.0% YoY
Effective rate
1.87%
On assessed value
Assessed land
$345,357
Assessed improvement
$969,983
Applied tax rate
13.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1938
Construction
WOOD
Heating
NONE
Buildings
1
Stories
1
Units
1
Bathrooms
3
Total area
5,128 SF
Lot
0.24 ac (10,300 SF)
APN
57-2073-8
UPID
US09-8148836
Jurisdiction
ALAMEDA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.7M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1938
Construction
WOOD
Heating
NONE
Stories
1
Buildings
1
Units
1
Bathrooms
3
Lot
0.24 ac
Current owner
From public records · entity-resolved
Ruegg
Individual
Free & Clear · 29 yrs held
Mailing address
2437 DURANT AVE #204, BERKELEY, CA 94704-1610
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 1997
$277,265
Ruegg
Huang,tou-mun
Trustees Deed
—
Apr 29, 1983
$198,500
—
—
Grant Deed
related
$98,300
—
—
Tou-mun Huang
—
Deed Of Trust
related
$330,000 · Lippobank
—
—
T. Huang
—
Deed Of Trust
related
$100,000 · Cathay Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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