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Property profile & analytics
OFF-MARKET
Life science properties
626 Bancroft Way Berkeley, CA 94710-2262
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7816773
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1977
Construction
WOOD
Total area
24,272 SF
Lot
1.44 ac (62,726 SF)
APN
56-1949-6-2
UPID
US09-7816773
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
-
Oncologic Physician
-
Bonneville Labs Corporate Office
-
Aduro Biotech, Inc Corporate Office
-
Indee Labs Corporate Office
-
Actym Therapeutics, Inc. Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
600 Bancroft Owner LP · 4 yrs held
600 Bancroft Owner LP
since 2021
Last sale
$39.5M
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$297,387
Tax year 2024
Assessed value
$21,036,679
Assessed 2024
Previous assessed
$21,036,679
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$9,779,760
Assessed improvement
$11,256,919
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
Off-Market
Year built
1977
Construction
WOOD
Heating
NONE
Buildings
1
Stories
1
Total area
24,272 SF
Lot
1.44 ac (62,726 SF)
APN
56-1949-6-2
UPID
US09-7816773
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
1977
Construction
WOOD
Heating
NONE
Stories
1
Buildings
1
Lot
1.44 ac
Current owner
From public records · entity-resolved
600 Bancroft Owner LP
Entity
Free & Clear · 4 yrs held
Mailing address
2001 ROSS AVE STE #3400, DALLAS, TX 75201-2966
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2021
$39,453,500
600 Bancroft Owner LP
Thor 600 Bancroft LLC
Grant Deed
—
Jan 6, 2021
—
Thor 600 Bancroft LLC
—
Deed
related
$19,120,000 · Rmtg Lender LLC
Nov 5, 2018
—
Thor 600 Bancroft LLC
—
Deed
related
$10,150,000 · Pacific Western National Bank
Feb 28, 2018
$17,500,000
Thor 600 Bancroft LLC
600 Bancroft Way LLC
Grant Deed
—
Jul 23, 2015
$10,100,000
600 Bancroft Way LLC
Bancroft Way LLC
Grant Deed
related
$6,105,000 · Jp Morgan Chase Bk
Jun 27, 2008
—
Bancroft Way LLC
Goldin,aaron A & Helen
Grant Deed
—
Mar 18, 2008
—
Bancroft Way LLC
Goldin,adam B
Quit Claim Deed
related
—
Aug 31, 2004
$5,900,000
600-630 Bancroft Way LLC
Sms Investment Co INC
Grant Deed
$2,700,000 · Community Bank NA
Nov 5, 1976
—
Sms Investment Company INC
—
Grant Deed
related
—
—
—
Thor 600 Bancroft LLC
—
Deed Of Trust
related
$19,120,000 · Rmtg Lender LLC
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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