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Property profile & analytics
OFF-MARKET Estimated value $3,800,000
Flex space

1501 Eastshore Hwy Berkeley, CA 94710-1702

20,679 SF 0.49 ac lot Built 1970
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US09-8653504
Property summary
AI-generated overview

This exceptional Berkeley industrial property, located at 1501 Eastshore Highway, offers 21,060 square feet of versatile flex space ideal for manufacturing, warehousing, distribution, or R&D. Situated on a major highway with excellent frontage, this single-tenant building boasts significant advantages for businesses seeking convenient access and high visibility. The property features two separate buildings, each contributing to its functional layout. Key features include ample natural light, drive-in loading doors for efficient material handling, and convenient off-street parking. Existing service use is in place, simplifying the transition for new occupants. The clear-span design maximizes usable space, while a substantial mezzanine adds approximately 6,000 square feet of bonus space. A large pole sign provides excellent branding opportunities. The property benefits from distributed heavy power, ensuring sufficient capacity for demanding operations. The building is fully sprinklered, meeting essential safety standards. Zoned for industrial use, this property is located in the Berkeley submarket and is conveniently situated near Jones Street. Available September 1st, 2024. This is a prime opportunity for a business seeking a well-equipped and strategically located industrial space in the thriving Berkeley market.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1970
Construction TYPE NOT SPECIFIED
Total area 20,679 SF
Lot 0.49 ac (21,267 SF)
APN 59-2319-2-3
UPID US09-8653504
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
$3.25M
Comparable Approach Comparable
$3.34M
Blend (final) Blend
$3.80M
Owner & transaction history
Berkeley First LLC · 1 yrs held
Berkeley First LLC
since 2025
Last sale
$4.3M
5 recorded transactions
2025
$4.3M
1986
Price N/A
1975
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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