Back to Search
Property profile & analytics
FOR LEASE
Industrial properties
2910 7Th St Berkeley, CA 94710
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8623875
For Lease
$6,115,000
2910 7Th St, Berkeley, CA 94710
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1985
Construction
TILT-UP CONCRETE
Total area
72,070 SF
Lot
3.13 ac (136,342 SF)
APN
53-1644-1
UPID
US09-8623875
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
-
FedEx Drop Box Postal Service Courier Service
-
Pivot Bio Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.96M
Blend (final)
Blend
$6.12M
Owner & transaction history
Seventh Street I LLC · 5 yrs held
Seventh Street I LLC
since 2020
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
$6.12M
Range $5.50M – $6.73M · ±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
$85 / 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
$314,131
Tax year 2024
Assessed value
$12,910,349
Assessed 2024
Previous assessed
$12,910,349
+0.0% YoY
Effective rate
2.43%
On assessed value
Assessed land
$1,107,751
Assessed improvement
$11,802,598
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
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
2
Total area
72,070 SF
Lot
3.13 ac (136,342 SF)
APN
53-1644-1
UPID
US09-8623875
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
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
2
Lot
3.13 ac
Current owner
From public records · entity-resolved
Seventh Street I LLC
Entity
Mailing address
1120 NYE ST STE #400, SAN RAFAEL, CA 94901-2946
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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 30, 2020
—
Seventh Street I LLC
Street Prop General Ptshp 7th
Quit Claim Deed
$24,800,629 · Miscellaneous Ins Co
Oct 6, 2016
—
7th Street Property General Pt
—
Deed
related
$10,700,000 · Miscellaneous Ins Co
Nov 17, 1992
$500,000
7th Street Property Gp
Scher,mark
Grant Deed
related
—
Jun 17, 1992
—
Mark Scher
7th Street Prope
Grant Deed
related
—
Jul 12, 1984
—
Seventh St. Property General Pa
—
Warranty Deed
related
—
Aug 12, 1983
$443,000
St Property General Partners Seventh
—
Grant Deed
related
—
—
—
7th Street Prope
—
Deed Of Trust
related
$7,700,000 · Confederation Life Insurance
—
—
Street Prop General Ptshp 7th
—
Deed Of Trust
related
—
—
—
7th Street Property General Pt
—
Deed Of Trust
related
$10,700,000 · Miscellaneous Ins Co
—
—
Seventh Street I LLC
—
Loan Modification
related
$24,800,629 · Miscellaneous Ins Co
—
—
Property General Partnership
—
Deed Of Trust
related
$7,800,000 · San Francisco City Emp Cu
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
