Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1139 Airport Blvd South San Francisco, CA 94080

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,350,000

    Flex space building in South San Francisco, approximately 3,930 SF.

    Lot size:
    0.11 Acres

    Property Features for 1139 Airport Blvd

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    0.11 Acres

    Building Details

    Year built
    1966

    We can help!

    Listing Contact
    Stanley Lo
    Stanley Lo
    Source: Elliman

    Listing Agency: GREEN BANKER REALTY Listing Agent: Stanley Lo

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

    Learn more

    Overview

    South San Francisco Flex Space

    The property features approximately 3,930 rentable square feet on a 5,081 square foot parcel. Constructed in 1966, the building has concrete block construction and a flat roof. The interior includes approximately 10% finished office space and a 200-square-foot unfinished mezzanine. Separate men's and women's restrooms are available. The building is equipped with 3-phase, 200-amp electrical service. The clear ceiling height is 13'7", and a front roll-up door measures 12' high by 11'5" wide, suitable for light industrial uses.
    Location Intelligence

    Current Use by Public Records

    Peninsula Battery Inc Auto Parts Store

    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.

    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
    -122.400914
    Latitude
    37.663215

    Nearby Similar for Sale

    • $1,025,000
      1,633 SF

      Updated Duplex in South S.F.

      Well-maintained duplex with updated units, convenient location, and modern amenities.
      577-579 Miller Ave, South San Francisco, CA 94080
      View Details
    • $200,000
      1,840 SF

      Established Property Inspection Business For Sale

      Property inspection business serving South San Francisco and the Bay Area.
      461 Alta Vista Dr, South San Francisco, CA 94080
      View Details
    • $6,625,000

      South San Francisco Industrial Warehouse

      Well-maintained 19,800 SF industrial warehouse in prime location.
      253 E Harris Ave, South San Francisco, CA 94080
      View Details
    • $1,799,000

      Downtown South San Francisco Investment

      2,760 SF customizable space in thriving downtown South SF.
      20-24 Linden Ave, South San Francisco, CA 94080
      View Details
    • $1,688,000

      South San Francisco Fourplex Investment

      Fully rented fourplex near amenities and biotech industry.
      141 Gardiner Ave, South San Francisco, CA 94080
      View Details
    • $1,688,000

      Gardiner Avenue Property For Sale

      Property for sale at 141 Gardiner Ave, South San Francisco.
      141 Gardiner Ave, South San Francisco, CA 94080
      View Details
    • Contact for pricing

      South San Francisco Warehouse Opportunity

      Value-add warehouse facility with upside potential in South San Francisco.
      1373 Lowrie Ave, South San Francisco, CA 94080
      View Details
    • $2,395,000
      7,017 SF

      South San Francisco Apartment Building

      7-unit apartment building in booming downtown South San Francisco.
      515 Baden Ave, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      3,010 SF

      Freestanding Office Building For Sale

      Freestanding office building in South San Francisco, delivered vacant.
      161 El Camino Real, South San Francisco, CA 94080
      View Details
    • $2,595,000
      7,603 SF

      Retail/Warehouse/Development Opportunity in South San Francisco

      Retail/warehouse property with development potential near Grand Ave.
      305 Airport Blvd, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      8,000 SF

      South San Francisco Warehouse Opportunity

      8,000 sqft warehouse/industrial property in South San Francisco for sale.
      435 Grand Ave, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      2,400 SF

      South San Francisco Flex Space

      2,400 SF flex space with mezzanine and drive-in door.
      121 S Maple Ave, South San Francisco, CA 94080
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex space building in South San Francisco, approximately 3,930 SF.
    Where is this flex space located?
    The property is located at 1139 Airport Blvd South San Francisco, CA.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - Approximately 3,930 rentable square feet.; - Clear ceiling height of 13'7".; - Front roll-up door measuring 12' high by 11'5" wide.
    (650) 373-0007
    Request Owner's contact information
    1139 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.
    1139 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
    1139 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
    Stanley Lo
    Stanley Lo
    Real Estate License ID: 00874415
    (650) 373-0007 (650) 692-4459
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!