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    Property profile & analytics

    2941 College Ave Berkeley, CA 94705-2203

    • Retail space
    • 2,985 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $1,780,000
    Last Sale
    Jan 25, 2024
    $1,810,000
    Location Intelligence
    Property ID
    US09-7453284
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • La Tour Salon / Hair Salon / Beauty Salon

    Property Details for 2941 College Ave

    Year built
    1918
    Construction
    TILT-UP CONCRETE
    Lot size
    0.14 lot acres
    Property size
    2,985 SF
    Property type
    Retail space
    APN
    52-1567-19
    APU
    52156719

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,810,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,850,000
      6.5%
      $1,880,000
      7%
      $1,750,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,675,000
      Geo Method
      $1,700,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,770,000
      Retail
      $1,785,000
      Mixed-Use
      $1,440,000
      Hospitality
      $1,760,000
      Educational
      $1,670,000
      Residential Income
      $1,550,000
      Energy
      $1,860,000
      Income-Based Land
      $1,515,000
      Food Service
      $1,795,000

    Location Insight

    • Map
    • Local Demand
    City
    Berkeley
    County
    Alameda
    State
    California
    Longitude
    -122.253
    Latitude
    37.8576
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $29,483
    $1,241,673
    $724,023
    $1,965,696
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,600 SF

      2973 College Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,600 SF
      2973 College Ave, Berkeley, CA 94705-2215
      View Details
    • Value Estimation
      $340,000
      2,730 SF

      2999 College Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,730 SF
      2999 College Ave, Berkeley, CA 94705-2215
      View Details
    • Value Estimation
      $315,000
      4,716 SF

      2924 College Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,716 SF
      2924 College Ave, Berkeley, CA 94705-2204
      View Details
    • Value Estimation
      $335,000
      4,100 SF

      2705 College Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,100 SF
      2705 College Ave, Berkeley, CA 94705-1213
      View Details
    • Value Estimation by Request
      3,240 SF

      2935 College Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,240 SF
      2935 College Ave, Berkeley, CA 94705-2203
      View Details
    • Value Estimation
      $300,000
      6,560 SF

      3105 Shattuck Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,560 SF
      3105 Shattuck Ave, Berkeley, CA 94705-1822
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      1,350 SF

      Prime Retail Space in Berkeley

      New retail space near UC Berkeley with outdoor seating.
      3030 Telegraph Ave, Berkeley, CA 94705
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      22,257 SF

      Auto Dealership with Service Area

      Auto dealership featuring showrooms, offices, and service areas.
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    Property Visit Statistics

    • Visits by month
      5.6k
    • Visitors by month
      4.8k
    • Avg Time on site
      20 min
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    2941 College Ave
    Berkeley, CA 94705-2203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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