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Property profile & analytics
OFF-MARKET
Estimated value
$4,090,000
Flex space
2547 8th St Berkeley, CA 94710-2566
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8472550
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1914
Construction
TILT-UP CONCRETE
Total area
65,104 SF
Lot
1.79 ac (78,000 SF)
APN
54-1778-1-1
UPID
US09-8472550
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
-
Curl John General Contractor Renovation Specialist
-
Heartwood Custom Woodworking General Contractor
-
Marc Silber Music (Bike/Boat/Book/etc) Store
-
Berkeley Artisans Art Gallery
-
Da Silva Ukulele Co (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.71M
Blend (final)
Blend
$4.09M
Owner & transaction history
Berkeley Sawtooth Building LLC · 3 yrs held
Berkeley Sawtooth Building LLC
since 2022
Last sale
$4.1M
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
$4,015,000
ML approach
$4,245,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.09M
Range $3.68M – $4.50M · ±10% · vs last sale $4.05M (Sep 22 2022)
Last sale anchor
$4.05M
Sep 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
$63 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$187,188
Tax year 2024
Assessed value
$5,865,372
Assessed 2024
Previous assessed
$5,865,372
+0.0% YoY
Effective rate
3.19%
On assessed value
Assessed land
$1,955,124
Assessed improvement
$3,910,248
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1914
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Units
48
Total area
65,104 SF
Lot
1.79 ac (78,000 SF)
APN
54-1778-1-1
UPID
US09-8472550
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
1914
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Units
48
Lot
1.79 ac
Current owner
From public records · entity-resolved
Berkeley Sawtooth Building LLC
Entity
Mailing address
1527 5TH AVE, SAN RAFAEL, CA 94901-1806
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2022
—
Berkeley Sawtooth Building LLC
Melvin Dagovitz
Intrafamily Transfer
related
—
Apr 12, 2006
—
Dagovitz 2005 Trust
Dagovitz,melvin & Angela
Quit Claim Deed
related
—
Jul 2, 2001
$4,050,000
Kephitan LLC
Dwight & 8th Street Partners
Grant Deed
—
Jul 2, 2001
—
David Rosten
Rosten,kristin B
Quit Claim Deed
related
—
Feb 2, 1998
—
Dwight & 8th Partners Ltd
Dwight & 8th Partners Ltd
Quit Claim Deed
related
—
Dec 30, 1982
$1,100,000
Dwight & 8th Partners Ltd
—
Grant Deed
related
$600,000
—
—
Melvin Dagovitz
—
Deed Of Trust
related
$2,600,000 · First Federal Savings & Loan
—
—
Dagovitz 2005 Trust
—
Deed Of Trust
related
$2,400,000 · 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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