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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Retail space
2705 College Ave Berkeley, CA 94705-1213
Entity Owned
13-yr Hold
Free & Clear
Property ID
US09-7932349
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1915
Construction
WOOD
Total area
4,100 SF
Lot
0.13 ac (5,553 SF)
APN
54-1708-16
UPID
US09-7932349
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
-
Cal Suds (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$763k
Blend (final)
Blend
$710k
Owner & transaction history
Mogannam Brothers LLC · 13 yrs held
Mogannam Brothers LLC
since 2012
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$710k
Range $639k – $781k · ±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
$173 / 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
$14,387
Tax year 2023
Assessed value
$360,336
Assessed 2024
Previous assessed
$353,271
+2.0% YoY
Effective rate
3.99%
On assessed value
Assessed land
$140,619
Assessed improvement
$219,717
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
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1915
Construction
WOOD
Heating
NONE
Buildings
1
Stories
1
Units
2
Bathrooms
2
Total area
4,100 SF
Lot
0.13 ac (5,553 SF)
APN
54-1708-16
UPID
US09-7932349
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
1915
Construction
WOOD
Heating
NONE
Stories
1
Buildings
1
Units
2
Bathrooms
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
Mogannam Brothers LLC
Entity
Free & Clear · 13 yrs held
Mailing address
718 MORNINGHOME RD, DANVILLE, CA 94526-4230
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
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
Aug 17, 2012
—
Mogannam Brothers LLC
Mogannam,basim
Quit Claim Deed
related
—
Oct 6, 2011
—
Mogannam Brothers LLC
Mogannam,jamal
Quit Claim Deed
related
—
Apr 20, 2006
—
Mogannam Fuad & M 1993 Trust
Mogannam F & M 1993 Trust
Quit Claim Deed
related
—
Nov 8, 2005
—
Fred Magannam
Owner,record
Grant Deed
related
—
Aug 30, 1993
—
Fred Mogannam Trustee
Mogannam,fred Tr
Quit Claim Deed
related
—
—
—
Fred&ma Mogannam
—
Deed Of Trust
related
$83,000 · Fibanc Financial Service
—
—
Mogannam Fred
—
Deed Of Trust
related
$104,000 · Nova Financial Services
—
—
Mogannam Fred
—
Deed Of Trust
related
$30,000 · Nova Financial Services
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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