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575 10th St 4,532 SF Industrial Building San Francisco, CA 94103 $2,900,000 ($639.89/SF) 7.30% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Prime Location, Secure Parking, Warehouse and Office Space

EXECUTIVE SUMMARY

Seller says sell! Fantastic opportunity to be in a PRIME location plus a Gated parking lot included which is a rare commodity. Spot is Prime 10th Street Design District 2-Story Building with adjacent Parking Lot, Office and Warehouse space, 200 Amps, Security Fence, close to Costco. Parking lot has approximately 10 Parking Spaces and Warehouse area has clearance of 16'-22'. Aluminum 18 gauge Security Fence made to offer privacy. PDR-1-G Zoning, 6,695SF lot including an approximate 4,500SF 2-story building. Rollup Door and 3 curb cuts! Building is currently designated as a C'. The SF Planning Department has undergone an informal review and determined the building has no significant historical value. Razing the building is a possibility and per SF Planning Department no set-backs are required for a new project, that could be about 20,000 square foot building. Buyer to confirm. Multiple zoning options with possible retail (to be approved by SF Planning dept.).

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income $264,960 $55.20
Other Income - -
Vacancy Loss - -
Effective Gross Income $264,960 $55.20
Taxes $42,000 $8.75
Operating Expenses $12,000 $2.50
Total Expenses $54,000 $11.25
Net Operating Income $210,960 $43.95

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income
Annual $264,960
Annual Per SF $55.20
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $264,960
Annual Per SF $55.20
Taxes
Annual $42,000
Annual Per SF $8.75
Operating Expenses
Annual $12,000
Annual Per SF $2.50
Total Expenses
Annual $54,000
Annual Per SF $11.25
Net Operating Income
Annual $210,960
Annual Per SF $43.95

PROPERTY FACTS

Price $2,900,000
Price Per SF $639.89
Sale Type Investment or Owner User
Cap Rate 7.30%
Sale Condition Bulk/Portfolio Sale
Property Type Industrial
Property Subtype
Warehouse
  • Showroom
Building Class C
Lot Size 0.15 AC
Rentable Building Area 4,532 SF
No. Stories 2
Year Built 1938
Tenancy Single
Parking Ratio 2.21/1,000 SF
Clear Ceiling Height 20’
Zoning PDR-1-G

AMENITIES

  • Bus Line
  • Fenced Lot
  • Mezzanine
  • Security System

UTILITIES

  • Gas - Natural
  • Water - City
  • Sewer - City
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3526-018
Land Assessment
$2,679,430
Improvements Assessment
$1,148,326
Total Assessment
$3,827,756
Annual Taxes
$42,000 ($9.27/SF)
Tax Year
2025
  • Listing ID: 19523789

  • Date on Market: 5/12/2020

  • Last Updated:

  • Address: 575 10th St, San Francisco, CA 94103

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