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    Property profile & analytics

    1601 Martin Luther King Jr Way Berkeley, CA 94709-2025

    • Retail space
    • 3,352 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 07, 2024
    Location Intelligence
    Property ID
    US09-6598563
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Strong Island Fitness LLC / Gym / Personal Trainer

    Property Details for 1601 Martin Luther King Jr Way

    Year built
    1930
    Construction
    WOOD
    Lot size
    0.11 lot acres
    Property size
    3,352 SF
    Property type
    Retail space
    APN
    58-2171-1
    APU
    5821711

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Berkeley
    County
    Alameda
    State
    California
    Longitude
    -122.273
    Latitude
    37.8777
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $16,789
    $406,131
    $503,684
    $909,815
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $285,000
      3,500 SF

      1409 Martin Luther King Jr Way

      RETAIL STORES (PERSONAL SERVICES) • 3,500 SF
      1409 Martin Luther King Jr Way, Berkeley, CA 94709
      View Details
    • Value Estimation
      $310,000
      0.13 Acres

      1801 Euclid Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.13 Acres
      1801 Euclid Ave, Berkeley, CA 94709-1317
      View Details
    • Value Estimation by Request
      1,935 SF

      1650 Shattuck Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,935 SF
      1650 Shattuck Ave, Berkeley, CA 94709-1612
      View Details
    • Value Estimation by Request
      5,382 SF

      1700 Martin Luther King Jr Way

      RETAIL STORES (PERSONAL SERVICES) • 5,382 SF
      1700 Martin Luther King Jr Way, Berkeley, CA 94709-2114
      View Details
    • Value Estimation
      $320,000
      4,000 SF

      1841 Euclid Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      1841 Euclid Ave, Berkeley, CA 94709-1317
      View Details
    • Value Estimation
      $6,585,000
      29,204 SF

      1600 Shattuck Ave, Unit 1010

      RETAIL STORES (PERSONAL SERVICES) • 29,204 SF
      1600 Shattuck Ave, Berkeley, CA 94709-1634
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      1,656 SF

      Retail Space Near UC Berkeley

      Corner retail space available across from UC Berkeley.
      1865 Euclid Ave, Berkeley, CA 94709
      View Details
    • Contact for pricing
      27,155 SF

      Shattuck Avenue Office Space

      Office space available for rent on Shattuck Avenue.
      1625 Shattuck Ave | Berkeley, Berkeley, CA 94709
      View Details
    • $995 /Mo
      500 SF

      Private Office Space For Rent

      Private third-floor office space with abundant natural light.
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    Berkeley, CA 94709-2025
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    Realmo Value Estimation

    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.

    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.

    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
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