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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Investment properties
1343 Martin Luther King Jr Way Berkeley, CA 94709-1912
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-8568403
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1950
Construction
WOOD
Total area
3,537 SF
Lot
0.08 ac (3,500 SF)
APN
60-2448-19
UPID
US09-8568403
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
-
GOOD 2 GO MART & CURRY, BEER & WINE , indian food Grocery & Convenience Store Food Market
-
Smart Market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$950k
CAP Approach
CAP
$1.02M
Comparable Approach
Comparable
$628k
Blend (final)
Blend
$975k
Owner & transaction history
Anchi Aggarwal · 5 yrs held
Anchi Aggarwal
since 2021
Last sale
$965,500
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.5M
+40.4%
Retail stores
$1.3M
+19.4%
Auto repair, garage
$1.1M
+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
$830,000
ML approach
$950,000
CAP Approach
CAP Return
Estimation
6%
$1,100,000
6.5%
$1,015,000
7%
$940,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,070,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,505,000
Change: +40% · Conversion: Difficult
RETAIL STORES
$1,280,000
Change: +19% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,140,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10% · vs last sale $966k (Jul 9 2021)
Last sale anchor
$966k
Jul 9 2021
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
$276 / 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
$18,023
Tax year 2023
Assessed value
$1,004,194
Assessed 2024
Previous assessed
$984,504
+2.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$338,130
Assessed improvement
$666,064
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
Similar Nearby for Lease
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1950
Construction
WOOD
Heating
NONE
Buildings
1
Stories
3
Units
1
Total area
3,537 SF
Lot
0.08 ac (3,500 SF)
APN
60-2448-19
UPID
US09-8568403
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
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
RETAIL STORES
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1950
Construction
WOOD
Heating
NONE
Stories
3
Buildings
1
Units
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Anchi Aggarwal
Individual
Mailing address
7550 ROCKWAY AVE, EL CERRITO, CA 94530-3752
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2026
—
Anchi Aggarwal
—
Deed
related
$400,000 · Neetu Aggarwal
Mar 15, 2024
—
Anchi Aggarwal
—
Deed
related
$2,523,000 · Harvest Small Business Finance LLC
May 8, 2023
—
Anchi Aggarwal
—
Deed
related
$900,000 · Ronald D Foreman
Jul 9, 2021
$965,500
Anchi Aggarwal
Roger A Soe
Grant Deed
$265,250 · Roger A Soe
Dec 20, 2018
—
B A Soe
Soe,bradley A
Quit Claim Deed
related
—
Feb 16, 2018
—
Soe,clifford A Trust
Soe,clifford A
Quit Claim Deed
related
—
Dec 14, 2011
—
Roger A Soe
Soe Andrew & Betty Trust
Quit Claim Deed
related
—
Apr 4, 2006
—
Betty Soe
Owner,record
Grant Deed
related
—
Jun 23, 2005
—
Soe Andrew & Betty Trust
Soe,andrew B & Betty V
Quit Claim Deed
related
—
May 23, 1973
—
Andrew B Soe
—
Grant Deed
related
—
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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