Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    619 Airport Blvd South San Francisco, CA 94080

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2 SF/Yr ($1,311 /Mo)

    Flex space near downtown and Caltrain with highway visibility.

    Property size:
    6,425 SF
    Lot size:
    0.33 Acres

    Property Features for 619 Airport Blvd

    General Information

    Size
    6,425 SF
    Lot size
    0.33 Acres

    We can help!

    Listing Contact
    Mike Davis, Sior
    Source: Moodyscre

    Listing Agent: Mike Davis, Sior

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    South San Francisco Flex Space

    This 6,425 square foot flex space is located within walking distance of Downtown South San Francisco and Caltrain. The property features on-site parking with additional parking available. It includes 3-Phase power at 1,200 Amps (to be confirmed by tenant). The space contains two electric grade-level roll-up doors and exposed ceilings, creating a creative workspace environment. The property has easy access to Highways 101, 280, and 380. Signage is available with visibility from Highway 101. The zoning is T3C, allowing for a variety of uses. Previously occupied by a high-tech robotics company, the property is available now.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Similar Places Nearby

    Nico Martin Presents, GUCKENHEIMER EVENTS & CATERING, Nutritious Delicious, Super Crown Catering, Beyond The Border

    Location Insight

    • Map
    • Local Demand
    City
    South San Francisco
    County
    San Mateo
    State
    California
    Longitude
    -122.40653
    Latitude
    37.658077

    Nearby Similar for Lease

    • $33,000
      19,800 SF

      South San Francisco Warehouse Space

      19,800 SF warehouse space for rent in South San Francisco.
      Harris Ave, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      29,745 SF

      South San Francisco Flex Space

      Scalable flex space campus for life science companies.
      450 E Jamie Ct, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      4,893 SF

      Corner Retail and Cafe Space

      Retail and cafe spaces available in South San Francisco.
      200 Linden Ave, South San Francisco, CA 94080
      View Details
    • $26 SF/Yr
      60,000 SF

      ReadySpaces South San Francisco

      60,000 SF Industrial Space Available
      233 Harris Ave, South San Francisco, CA 94080
      View Details
    • $21 SF/Yr
      50,000 SF

      South San Francisco Warehouse Space

      Large warehouse, flexible lease options.
      274 Wattis Way, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      18,772 SF

      South San Francisco Warehouse/Office Space

      Warehouse and office space available for lease in South San Francisco.
      415 E Grand Ave, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      40,000 SF

      Bayfront Office Space Available

      Office space with bay views, restaurant, and fitness center.
      400 Oyster Point Blvd, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      610 SF

      Retail Space Near El Camino

      Retail space available in South San Francisco near transportation.
      988 El Camino Real, South San Francisco, CA 94080
      View Details
    • $7 SF/Yr
      30,000 SF

      Oyster Point Office Suites

      Premium South San Francisco Offices
      611 Gateway Blvd, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      3,931 SF

      Retail Space in South San Francisco

      863 SF retail space in a transit-oriented neighborhood.
      101 Mc Lellan Dr, South San Francisco, CA 94080
      View Details
    • $1.50 SF/Yr
      12,104 SF

      South San Francisco Warehouse Space

      Industrial warehouse space with office, grade-level doors, and parking.
      255-263 Utah Ave, South San Francisco, CA 94080
      View Details
    • $40,000
      36,000 SF

      South San Francisco Warehouse Space

      Freestanding warehouse with dock platform and truck yard.
      40 Airport Blvd, South San Francisco, CA 94080
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex space near downtown and Caltrain with highway visibility.
    Where is this flex space located?
    The property is located at 619 Airport Blvd South San Francisco, CA.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: - Walking distance to Downtown South San Francisco & Caltrain; - Easy access to Hwy 101, 280 & 380; - T3C Zoning - for a variety of uses
    (650) 486-2219
    Request Owner's contact information
    619 Airport Blvd South San Francisco, CA 94080
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    619 Airport Blvd
    South San Francisco, CA 94080
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    619 Airport Blvd South San Francisco, CA 94080
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Mike Davis, Sior
    (650) 486-2219
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.