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Property profile & analytics
OFF-MARKET
Estimated value
$7,000,000
Industrial properties
2620 8th St Berkeley, CA 94710
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8051332
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1943
Construction
TILT-UP CONCRETE
Total area
49,293 SF
Lot
0.87 ac (37,800 SF)
APN
54-1766-6-2
UPID
US09-8051332
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
$7.00M
CAP Approach
CAP
$7.75M
Comparable Approach
Comparable
$7.97M
Blend (final)
Blend
$7.00M
Owner & transaction history
Clearwater Manufacturing Center LLC · 2 yrs held
Clearwater Manufacturing Center LLC
since 2024
Last sale
$7.0M
5 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
$7,000,000
ML approach
$7,000,000
CAP Approach
CAP Return
Estimation
6%
$8,390,000
6.5%
$7,745,000
7%
$7,190,000
Blend value · Realmo final
$7.00M
Range $6.30M – $7.70M · ±10% · vs last sale $7.00M (May 3 2024)
Last sale anchor
$7.00M
May 3 2024
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
$142 / 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
$102,145
Tax year 2024
Assessed value
$1,144,627
Assessed 2024
Previous assessed
$1,144,627
+0.0% YoY
Effective rate
8.92%
On assessed value
Assessed land
$146,146
Assessed improvement
$998,481
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
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Year built
1943
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
2
Units
1
Total area
49,293 SF
Lot
0.87 ac (37,800 SF)
APN
54-1766-6-2
UPID
US09-8051332
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
1943
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
2
Units
1
Lot
0.87 ac
Current owner
From public records · entity-resolved
Clearwater Manufacturing Center LLC
Entity
Mailing address
321 HARTZ AVE STE #200, DANVILLE, CA 94526-3336
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2024
$7,000,000
Clearwater Manufacturing Center LLC
Stephen R Thompson
Grant Deed
$15,645,540 · Bpvif Vi Capital Partners 2 LLC
May 3, 2024
—
Clearwater Manufacturing Center LLC
—
Deed
related
$15,645,540 · Bpvif Vi Capital Partners 2 LLC
Mar 15, 2018
—
Elise I Prowse
Prowse Trust B
Quit Claim Deed
related
—
Oct 25, 2011
—
Joan Thompson
Thompson,robert N
Affidavit Of Death
related
—
Jul 1, 1996
—
Robert J Prowse Trustee
Prowse,robert J & Beverly J
Quit Claim 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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