Bayview Industrial Warehouse
1190 Shafter Avenue #A San Francisco, CA 94124
1190 Shafter Avenue #A, San Francisco, CA, 94124
$650,000
For Sale
$650,000
Industrial warehouse condo in San Francisco's Bayview District.
Property Size1,875 SF
Lot Size0.04 Acres
Price / SF$346.67
Days on Market177
Property Features for 1190 Shafter Avenue #A
General Information
- Standard status
- Active
- Size
- 1,875 SF
- Lot size
- 0.04 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1988
Listing Agency
COMPASS COMMERCIAL
(415) 345-3000
Listed by
DAVIS NGUYEN · License #01509978
Source
Corcoran
Added: Jan 24 Updated: Jul 10 at 12:54 pm Checked: Jul 20 at 3:26 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COMPASS COMMERCIAL
Investment Insights
Based on property information with market context.
This industrial warehouse condominium, located in San Francisco's Bayview District, was built in 1988. The property provides approximately 1,875 square feet of warehouse space, along with a bonus mezzanine level. The space features an open work area and a roll-up door. The zoning is PDR-1-B, allowing for a wide range of permitted uses. Situated in a well-established industrial area, the property benefits from close proximity to major freeways and convenient access to San Francisco's industrial corridors. This property is well-suited for a variety of industrial and operational uses and presents an excellent opportunity for both investors and owner-users.
Key Highlights
- Approximately 1,875 sq ft industrial warehouse condominium in San Francisco's Bayview District.
- PDR‑1‑B zoning allows for a wide range of permitted uses.
- Features an open work area and roll‑up door.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.6k | $27.00 |
| − Vacancy | −$5.1k | −$2.70 |
| EGI | $45.6k | $24.30 |
| − OpEx | −$6.8k | −$3.65 |
| NOI | $38.7k | $20.66 |
1,875 SF · lease $27.00/SF/yr · vacancy 10.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$553.3K
$484.1K – $645.5K
NOI $38,728 @ 7.0% cap · market cap 5.96%
Second Best
Industrial
$455.6K
$398.7K – $531.6K
NOI $31,894 @ 7.0% cap · market cap 4.91%
Theoretical Best
Specialty Retail
$9.16M
$8.01M – $10.69M
NOI $641,102 @ 7.0% cap · market cap 98.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Warehouse - Industrial warehouse condo in San Francisco's Bayview District.
Where is this warehouse located?
The property is located at 1190 Shafter Avenue #A San Francisco, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Approximately 1,875 sq ft industrial warehouse condominium in San Francisco's Bayview District.; PDR‑1‑B zoning allows for a wide range of permitted uses.; Features an open work area and roll‑up door.
