Back to Search
Property profile & analytics
OFF-MARKET
Industrial properties
1401 Eastshore Hwy Berkeley, CA 94710
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7730825
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1930
Construction
WOOD
Total area
26,217 SF
Lot
0.95 ac (41,286 SF)
APN
59-2341-4
UPID
US09-7730825
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Forge Development LLC · 2 yrs held
Forge Development LLC
since 2023
Last sale
$34.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$101,869
Tax year 2024
Assessed value
$4,273,000
Assessed 2024
Previous assessed
$4,273,000
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$3,922,000
Assessed improvement
$351,000
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
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Year built
1930
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
1
Total area
26,217 SF
Lot
0.95 ac (41,286 SF)
APN
59-2341-4
UPID
US09-7730825
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
Building & site characteristics
From public records
Year built
1930
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
1
Lot
0.95 ac
Current owner
From public records · entity-resolved
Forge Development LLC
Entity
Mailing address
2683 VIA DE LA VALLE G STE G, DEL MAR, CA 92014-1961
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2023
$34,000,000
Forge Development LLC
Berkeley Properties LLC
Grant Deed
—
Jan 31, 2020
—
Berkeley Properties LLC
—
Deed
related
$2,300,000 · Other Institutional Lenders
Jun 24, 2019
—
Berkeley Properties LLC
—
Deed Of Trust
related
$2,000,000 · Rubicon Mortgage Fund LLC
May 25, 2007
—
Berkeley Properties LLC
Pacific Steel Casting
Grant Deed
—
Feb 28, 2003
$383,500
Pacific Steel Casting Co
Ivdoco LP
Grant Deed
$5,000,000 · Wells Fargo Bank
Jul 16, 1981
$577,000
Pacific Steel Casting Co
—
Grant Deed
related
$402,000
—
—
Berkeley Properties LLC
—
Deed Of Trust
related
$8,500,000 · Siena Lndg Group LLC
—
—
Berkeley Properties LLC
—
Deed Of Trust
related
$26,702,858 · * Other Institutional Lenders
—
—
Berkeley Properties LLC
—
Loan Modification
related
$2,300,000 · Other Institutional Lenders
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1401 Eastshore Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
