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Property profile & analytics
OFF-MARKET
Estimated value
$1,220,000
Retail space
3258 Adeline St Berkeley, CA 94703-2439
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-8603242
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1923
Construction
TILT-UP CONCRETE
Total area
4,341 SF
Lot
0.09 ac (4,120 SF)
APN
52-1531-2
UPID
US09-8603242
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
-
COSITA | Art Rentals of California (Bike/Boat/Book/etc) Store Rental Equipment Company
-
COSITA Studio and Prop House (Bike/Boat/Book/etc) Store Photography Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.56M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.22M
Owner & transaction history
Adeline Ventures · 2 yrs held
Adeline Ventures
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.8M
+17.5%
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%
$1,685,000
6.5%
$1,555,000
7%
$1,445,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,570,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,845,000
Change: +18% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,400,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$1.22M
Range $1.10M – $1.34M · ±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
$281 / 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
$22,934
Tax year 2023
Assessed value
$1,326,000
Assessed 2024
Previous assessed
$1,300,000
+2.0% YoY
Effective rate
1.73%
On assessed value
Assessed land
$714,000
Assessed improvement
$612,000
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
1923
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Total area
4,341 SF
Lot
0.09 ac (4,120 SF)
APN
52-1531-2
UPID
US09-8603242
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
RETAIL STORES Current
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.4M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1923
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Adeline Ventures
Entity
Mailing address
1451 BLAKE ST, BERKELEY, CA 94702-2103
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2023
—
Adeline Ventures
Scott Mcglashan
Grant Deed
—
Sep 2, 2022
$1,300,000
Scott Mcglashan
Samuel M Dyke
Grant Deed
—
Dec 11, 2020
—
Samuel M Dyke
—
Deed
related
$330,000 · F E Forbes Company INC
Aug 28, 2020
—
Samuel M Dyke
Marsha E Dyke
Quit Claim Deed
related
—
Aug 24, 2018
—
Samuel M Dyke
—
Deed
related
$110,000 · Private Individual
Apr 8, 2009
—
Samuel M Dyke
Samuel M Dyke
Intrafamily Transfer
related
$80,000 · Raymond G Harris Etal
Sep 19, 1995
$60,000
Dyke,samuel M
Bonds,r D
Trustees Deed
—
Aug 1, 1984
$175,000
Samuel M Dyke
Bonds,r D
Grant Deed
$140,000
—
—
Samuel M Dyke
—
Deed Of Trust
related
$63,000 · Kurt L Herrenbruck
—
—
Samuel M Dyke
—
Deed Of Trust
related
$110,000 · Private Individual
—
—
Samuel M Dyke
—
Deed Of Trust
related
$115,000 · Mark E Forbes
—
—
Bonds R D
—
Deed Of Trust
related
$21,000 · Us Small Business Admn
—
—
Samuel M Dyke
—
Deed Of Trust
related
$53,975 · Mitchell Charles E Trust
—
—
Samuel M Dyke
—
Deed Of Trust
related
$53,842 · Roebuck Thomas A 1992 Trust
—
—
R D Bonds
—
Deed Of Trust
related
$190,000 · Bay Bank Of Commerce
—
—
Samuel M Dyke
—
Deed Of Trust
related
—
—
—
R D Bonds
—
Deed Of Trust
related
$48,000 · Bay Area Bank
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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