Property profile

2300 Shattuck Ave Berkeley, CA 94704

OFF-MARKET
Investment properties
Property ID
US09-8709432
104,920 SF 0.86 ac lot Built 1928
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 10,631-square-foot retail space is ideally situated at 2300 Shattuck Avenue in the heart of downtown Berkeley, California. The property is classified as a Class B single-tenant building currently occupied by a grocer. Its prime location offers unparalleled visibility, situated on a hard corner just two blocks from the University of California, Berkeley campus. This high-traffic area ensures consistent foot traffic and excellent exposure for any business. The property's address is 2300 Shattuck Ave, Berkeley, CA 94704. The building's size and prominent location make it an attractive opportunity for a variety of retail uses. The property type is retail, specifically a grocer, offering a strong foundation for a successful business venture. Its single-tenant occupancy simplifies management and provides a stable income stream. This location provides easy access for customers and employees alike, benefiting from the high density of both students and residents in the immediate vicinity. The property's geographic coordinates are 37.867547365678355 latitude and -122.26780073876611 longitude. This presents a rare opportunity to acquire a well-positioned retail property in a thriving urban environment.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1928
Construction TILT-UP CONCRETE
Total area 104,920 SF
Lot 0.86 ac (37,393 SF)
APN 55-1894-17-4
UPID US09-8709432

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Crypto Atm Atm
  • Bank Credit Union
  • Courier Service Postal Service
  • Atm
  • Atm

Location

2300 Shattuck Ave Berkeley, CA 94704-1517
Berkeley metro Census 422901 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$18.87M
Blend (final) Blend
$13.50M

Owner & transaction history

since 2014
7 recorded transactions
2020
Price N/A
2014
Price N/A
2005
Price N/A
1977
$1.3M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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