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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Retail properties & Spaces
2000 Kala Bagai Way Berkeley, CA 94704-1322
Entity Owned
4-yr Hold
Free & Clear
Property ID
US09-7924096
Property profile
Verified
Property type
Retail properties & Spaces
Use group
HISTORICAL RETAIL
Year built
1927
Construction
WOOD
Total area
18,832 SF
Lot
0.2 ac (8,613 SF)
APN
57-2033-1-1
UPID
US09-7924096
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
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$950k
Owner & transaction history
Mgm Shattuck LLC · 4 yrs held
Mgm Shattuck LLC
since 2022
Last sale
$948,000
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
Method
Estimation
Statistic approach
$1,010,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,535,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10% · vs last sale $948k (Mar 22 2022)
Last sale anchor
$948k
Mar 22 2022
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
$50 / 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
$80,949
Tax year 2023
Assessed value
$4,125,000
Assessed 2024
Previous assessed
$2,530,000
+63.0% YoY
Effective rate
1.96%
On assessed value
Assessed land
$1,125,000
Assessed improvement
$3,000,000
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
Retail properties & Spaces
Use group
HISTORICAL RETAIL
Status
Off-Market
Year built
1927
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Total area
18,832 SF
Lot
0.2 ac (8,613 SF)
APN
57-2033-1-1
UPID
US09-7924096
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
INDUSTRIAL (GENERAL)
Est. value
$1.5M
INDUSTRIAL (GENERAL)
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
1927
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Mgm Shattuck LLC
Entity
Free & Clear · 4 yrs held
Mailing address
5 NARANJA WAY, PORTOLA VALLEY, CA 94028-7319
Ownership since
2022
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
Jun 7, 2022
—
Mgm Shattuck LLC
—
Deed
related
$5,750,000 · First Republic Bank
Mar 22, 2022
$948,000
Mgm Shattuck LLC
Tdo Shattuck LLC
Grant Deed
—
Apr 15, 2021
—
Mgm Shattuck LLC
Mo Shattuck LLC
Grant Deed
—
Dec 28, 2012
$3,975,000
Mo Shattuck LLC
Fair Hill Enterprises INC
Corporation Deed
$3,975,000 · Presidio Bank
Jan 10, 1997
—
James A Hill
Hill,deborah J
Quit Claim Deed
related
—
Jan 10, 1997
$295,000
Fair-hill Enterprises LLC
Fairbanks,terry W
Trustees Deed
related
—
—
—
Terry Fairbanks
—
Deed Of Trust
related
$1,470,000 · Sumitomo Bank
—
—
Fair-hill Enterprises LLC
—
Deed Of Trust
related
$1,325,000 · Wells Fargo Bank
—
—
Mo Shattuck LLC
—
Loan Modification
related
$1,700,000 · Presidio Bk
—
—
Fair-hill Enterprises LLC
—
Deed Of Trust
related
$50,000 · Wells Fargo 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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