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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Office buildings
2322 6th St Berkeley, CA 94710-2412
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-7586220
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1991
Construction
WOOD
Total area
12,296 SF
Lot
0.47 ac (20,400 SF)
APN
56-1942-10-2
UPID
US09-7586220
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
Current use
Occupant on record · Public records
-
Lighting Systems (Bike/Boat/Book/etc) Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$455k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$665k
Owner & transaction history
First Republic Bank · 4 yrs held
First Republic Bank
since 2021
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
by Request
ML approach
$455,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$665k
Range $599k – $732k · ±10%
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
$54 / 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
$43,175
Tax year 2023
Assessed value
$2,382,178
Assessed 2024
Previous assessed
$2,335,477
+2.0% YoY
Effective rate
1.81%
On assessed value
Assessed land
$940,576
Assessed improvement
$1,441,602
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1991
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
4
Total area
12,296 SF
Lot
0.47 ac (20,400 SF)
APN
56-1942-10-2
UPID
US09-7586220
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
1991
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
4
Lot
0.47 ac
Current owner
From public records · entity-resolved
First Republic Bank
Entity
Mailing address
2322 6TH ST, BERKELEY, CA 94710-2412
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2021
—
First Republic Bank
Tdr Development Company LLC
Assignment Of Sub Lease
$3,510,000 · First Republic Bank
Sep 16, 1998
$1,550,000
Tdr Development Company LLC
Zicherman Trust
Trustees Deed
$775,000 · Bank Of America Community Dev
Sep 16, 1998
—
Glm Real Estate Services INC
Ift INC
Quit Claim Deed
related
—
Mar 30, 1992
$170,000
Glm General Part
Aw Trust
Grant Deed
related
—
Dec 31, 1991
$150,000
Gp Glm II
Glm II Gp/aw,c.
Grant Deed
related
—
Jun 28, 1991
$268,000
Glm Gp
Glm Gp/aw Trust
Grant Deed
related
$1,092,000 · Sumitomo Bank
Feb 1, 1990
—
Glm II
Glm II
Quit Claim Deed
related
$1,000,000 · Union Bank
Nov 9, 1988
$382,000
Glm II
Speagle,h.&m.
Grant Deed
$325,000 · Individual
—
—
Tdr Dev Co LLC
—
Deed Of Trust
related
$600,000 · East West Bank
—
—
Tdr Dev Co LLC
—
Deed Of Trust
related
$2,015,000 · First Republic Bank
—
—
Tdr Dev Co LLC
—
Deed Of Trust
related
$1,050,000 · First Republic 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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