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Property profile & analytics
OFF-MARKET
Estimated value
$1,070,000
Flex space
2610 9th St Berkeley, CA 94710-2518
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9299304
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1946
Construction
FRAME
Total area
2,368 SF
Lot
0.1 ac (4,550 SF)
APN
54-1765-3-2
UPID
US09-9299304
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
$1.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.07M
Owner & transaction history
Juan Carlos Guerrero · 2 yrs held
Juan Carlos Guerrero
since 2023
Last sale
$1.2M
6 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
$930,000
ML approach
$1,050,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,275,000
Current use
MEDICAL BUILDING
$1,265,000
Change: -1% · Conversion: Difficult
OFFICE BUILDING
$1,145,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$1.07M
Range $963k – $1.18M · ±10% · vs last sale $1.15M (Aug 21 2023)
Last sale anchor
$1.15M
Aug 21 2023
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
$452 / 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
$19,022
Tax year 2024
Assessed value
$1,196,460
Assessed 2024
Previous assessed
$1,196,460
+0.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$572,220
Assessed improvement
$624,240
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
1946
Construction
FRAME
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
2,368 SF
Lot
0.1 ac (4,550 SF)
APN
54-1765-3-2
UPID
US09-9299304
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) Current
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.1M
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
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
1946
Construction
FRAME
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Juan Carlos Guerrero
Individual
Free & Clear · 2 yrs held
Mailing address
2127 6TH ST, BERKELEY, CA 94710-2203
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2023
—
Juan Carlos Guerrero
Juan Carlos Guerrero
Intrafamily Transfer
related
—
Jul 6, 2021
$1,150,000
Juan Carlos Guerrero
Kent A Rasmussen
Grant Deed
—
Jun 28, 2017
$880,000
Rasmussen,kent A Trust
Watamura Trust
Grant Deed
—
Jan 24, 2017
—
Terry T Watamura
Watamura,abe S
Affidavit Of Death
related
—
Mar 17, 1993
—
Watamura,trust
Watamura,abe S&t
Quit Claim Deed
related
—
Apr 27, 1972
—
—
—
Grant Deed
related
—
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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