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Property profile & analytics
FOR LEASE
Flex space
950 Gilman St Berkeley, CA 94710
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7301051
For Lease
$4,795,000
950 Gilman St, Berkeley, CA 94710
View Listing →
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1972
Construction
TILT-UP CONCRETE
Total area
41,318 SF
Lot
0.9 ac (39,000 SF)
APN
60-2351-1-6
UPID
US09-7301051
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
-
Lynch Marks, LLC / PS|Ship (Bike/Boat/Book/etc) Store Corporate Office
-
Clew Associates Professional Services
-
Williams Dumpster Rental Waste Management Facility
-
Spurs FC Charitable Organization Social Service Agency
-
Spurs FC - Youth Soccer Club Sports School Sports Field & Court
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.49M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.80M
Owner & transaction history
Bernstein Family Property Holdings · 3 yrs held
Bernstein Family Property Holdings
since 2022
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%
$7,030,000
6.5%
$6,490,000
7%
$6,025,000
Blend value · Realmo final
$4.80M
Range $4.32M – $5.27M · ±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
$116 / 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
$115,770
Tax year 2024
Assessed value
$3,691,561
Assessed 2024
Previous assessed
$3,691,561
+0.0% YoY
Effective rate
3.14%
On assessed value
Assessed land
$1,220,475
Assessed improvement
$2,471,086
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Lease
Year built
1972
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
2
Total area
41,318 SF
Lot
0.9 ac (39,000 SF)
APN
60-2351-1-6
UPID
US09-7301051
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
1972
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
Bernstein Family Property Holdings
Entity
Mailing address
133 E BLITHEDALE AVE, MILL VALLEY, CA 94941-2025
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Oct 25, 2022
—
Bernstein Family Property Holdings
Jb 950 Gilman St LP
Grant Deed
—
Nov 29, 2018
—
Jb 950 Gilman St LP
Jb 950 Gilman St LP
Quit Claim Deed
related
$4,500,000 · Jp Morgan Chase Bk
Mar 10, 2000
$3,627,000
Jb 950 Gilman St. LP
Mcintosh Trust
Grant Deed
$3,800,000 · Fremont Investment & Loan
Mar 3, 2000
—
Donald T Clemetson
Clemetson,jeanette Ew
Quit Claim Deed
related
—
Mar 3, 2000
$208,000
Mcintosh Trust
Gilman Partners
Trustees Deed
—
Aug 9, 1995
—
Gilman Partners
—
Deed Of Trust
related
$1,000,000 · Bank Of The West
Aug 21, 1990
—
Gilman Partners
Gilman Partners
Quit Claim Deed
related
—
Aug 22, 1979
—
—
—
Grant Deed
related
—
—
—
Jb 950 Gilman St.
—
Deed Of Trust
related
$3,500,000 · Sonoma National Bank
—
—
Jb 950 Gilman St LP
—
Deed Of Trust
related
$4,500,000 · Jp Morgan Chase Bk
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?”
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