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    Mission District Retail Space Available Title is generated by Realmo AI

    3327 24th Street, San Francisco, CA 94110

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    For Lease
    $30 SF/Yr $2,500/Mo (calc)

    Commercial Lease, Other - San Francisco, CA

    Type:Retail
    Property size:
    1,000 SF
    Lot size:
    0.13 Acres
    Added:
    Jan 15, 2026
    Days on Market:
    120
    Last Refresh:
    May 15 at 9:06 pm

    Property Features for 3327 24th Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    APN
    6516025
    Size
    1,000 SF
    Lot size
    0.13 Acres

    Building Details

    Year built
    1910
    Architectural style
    Other

    We can help!

    Listing Contact
    Oleg CRE Verbitski

    Listing agent Oleg CRE Verbitski

    Listing office Engel & Völkers San Francisco Union Street 2200 Union Street, San Francisco, CA

    Listing date Jan 15, 2026

    MLS# 426096227 Listing URL

    Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime Mission District location directly adjacent to 24th Street Mission BART Plaza.
    • High pedestrian traffic at the intersection of 24th Street and Mission Street.
    • Excellent street visibility on 24th Street.
    • 1,000 square foot, two‑level space suitable for retail, cafe, or restaurant.
    • Abundant storage and office space on the second floor.
    • Ample natural light from ground‑floor windows and an upper‑level skylight.

    Overview

    Located in the Mission District of San Francisco, this retail space is available for lease. The property is situated at 3327 24th Street, directly adjacent to the 24th Street Mission BART Plaza. The space offers 1,000 square feet across two levels. The location benefits from excellent street visibility and high pedestrian traffic, with immediate access to public transportation. The second floor provides abundant storage and office space. Natural light is provided by ground-floor windows and an upper-level skylight. The property is located at the intersection of 24th Street and Mission Street, surrounded by restaurants, cafés, and neighborhood retailers. This location generates consistent foot traffic. Situated in the heart of the Mission District's Calle 24 corridor, this space is suitable for retail, café, or restaurant operators seeking visibility and an urban setting.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shine Gift Shop (Bike/Boat/Book/etc) Store Herrera Escobar Services Accounting Firm

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Francisco
    County
    San Mateo
    State
    California
    Longitude
    -122.419116
    Latitude
    37.751966

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    FAQs

    What type of property is this?
    Retail space - Prime retail space in vibrant Mission District location for lease.
    Where is this retail space located?
    The property is located at 3327 24th Street San Francisco, CA.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: Prime Mission District location directly adjacent to 24th Street Mission BART Plaza.; High pedestrian traffic at the intersection of 24th Street and Mission Street.; Excellent street visibility on 24th Street.
    (415) 689-8592
    We can help!
    Listing Contact
    Oleg CRE Verbitski
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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