Leased Warehouse With Development
New
For Sale
Contact for pricing
1425-1437 Yosemite Ave, San Francisco, CA 94124
Fully occupied warehouse property with short-term tenant arrangements and PDR-2 zoning.
Property Size52,500 SF
Price / SF$333.33
Days on Market7
Property Features for 1425-1437 Yosemite Ave
General Information
Standard status
Active
Size
52,500 SF
Property subtype
INDUSTRIAL
Zoning
PDR-2
Occupancy
100%
Additional Details
Land Use
industrial
Building Details
Tenancy
Multi
Listing Agency:
HC&M Commercial Properties
(415) 308-4400
Listed By:
Nelson Knuth
(415) 308-4400
Source:
Moodyscre
Added: Aug 5
Changed: Aug 9
Last Checked: Aug 10 at 10:31AM
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 HC&M Commercial Properties
Investment Insights
Based on property information with market context.
This 52,500-square-foot warehouse property is fully leased to several tenants under short-term arrangements. The existing occupancy provides an established operating profile while allowing the property to be evaluated for future repositioning within its current industrial framework.
The site is located in San Francisco, California, and carries PDR-2 zoning with a 3.0 Floor Area Ratio. Based on the stated development parameters, the property supports approximately 157,500 square feet of potential development. The combination of existing warehouse occupancy and substantial development capacity creates flexibility for owners evaluating continued industrial use or a larger-scale redevelopment plan.
The site is located in San Francisco, California, and carries PDR-2 zoning with a 3.0 Floor Area Ratio. Based on the stated development parameters, the property supports approximately 157,500 square feet of potential development. The combination of existing warehouse occupancy and substantial development capacity creates flexibility for owners evaluating continued industrial use or a larger-scale redevelopment plan.
Key Highlights
- 52,500‑square‑foot warehouse property
- 100% leased to several tenants on short‑term arrangements
- PDR‑2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$1,084,388
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$21,687,760
$21.7M
Cap Rate 7%
$15,491,257
$15.5M
Cap Rate 9%
$12,048,756
$12.0M
Market Conditions
NOI Build-Up for 52,500 SF
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.
Gross rent
$1.42M $27.00/SF
− Vacancy
−$141.8K −$2.70/SF
EGI
$1.28M $24.30/SF
− OpEx
−$191.4K −$3.65/SF
NOI
$1.08M $20.66/SF
Area
San Francisco, CA
Vacancy
10.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$21,687,760
Cap Rate 7%
$15,491,257
Cap Rate 9%
$12,048,756
Alternative Uses
Best Use
Warehouse
$15.49M
$13.55M – $18.07M
NOI $1,084,388 @ 7.0% cap · market cap 6.20%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$256.44M
$224.39M – $299.18M
NOI $17,950,866 @ 7.0% cap · market cap 102.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,836
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 94124, CA
39,445
Population
11,780
Households
3.3
Avg Household Size
37
Median Age
27%
College-Educated
75%
High-School Grad
4.8 sq mi
ZIP Area
8,218
Density / Sq Mi
$82,928
Median Household Income
$42,683
Median Earnings
$1,368
Median Rent
$1,043,200
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Fully occupied warehouse property with short-term tenant arrangements and PDR-2 zoning.
Where is this warehouse located?
The property is located at 1425-1437 Yosemite Ave San Francisco, CA.
What is the asking price?
The asking price for this property is $17,500,000.
What are key features of this property?
This property features: 52,500‑square‑foot warehouse property; 100% leased to several tenants on short‑term arrangements; PDR‑2 zoning
