Clear Span Flex Space with Drive-In
For Sale
Contact for pricing
1431 Van Dyke Ave, San Francisco, CA 94124
Clear span flex space featuring 20-foot ceilings, a drive-in door, and a small office setup.
Property Size3,500 SF
Price / SF$371.43
Days on Market415
Property Features for 1431 Van Dyke Ave
General Information
Standard status
Active
Size
3,500 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
20 ft
Clear Span
Yes
Drive-In Doors
1
Listing Agency:
HC&M Commercial Properties
(415) 865-3740
Listed By:
Nelson Knuth · License #01231058
(415) 308-4400
Source:
Moodyscre
Added: Jul 28, 2025
Changed: Sep 13
Last Checked: Sep 15 at 11:54AM
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.
Flex space at 1431 Van Dyke Ave in San Francisco, CA 94124 offering a clear span interior and 20-foot ceilings. The space includes one drive-in door for practical loading and receiving, along with a small office for day-to-day operations.
With a total size of 3,500 square feet, this configuration supports a range of flex uses where open interior planning and straightforward access are important.
With a total size of 3,500 square feet, this configuration supports a range of flex uses where open interior planning and straightforward access are important.
Key Highlights
- 3,500 square feet flex space at 1431 Van Dyke Ave
- Clear span interior
- 20‑foot ceilings
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
$72,293
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
5.56%
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%
$1,445,860
$1.4M
Cap Rate 7%
$1,032,757
$1.0M
Cap Rate 9%
$803,256
$803.3K
Market Conditions
NOI Build-Up for 3,500 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
$94.5K $27.00/SF
− Vacancy
−$9.5K −$2.70/SF
EGI
$85.1K $24.30/SF
− OpEx
−$12.8K −$3.65/SF
NOI
$72.3K $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%
$1,445,860
Cap Rate 7%
$1,032,757
Cap Rate 9%
$803,256
Alternative Uses
Best Use
Warehouse
$1.03M
$903.7K – $1.20M
NOI $72,293 @ 7.0% cap · market cap 5.56%
Second Best
Industrial
$850.5K
$744.2K – $992.3K
NOI $59,535 @ 7.0% cap · market cap 4.58%
Theoretical Best
Specialty Retail
$17.10M
$14.96M – $19.95M
NOI $1,196,724 @ 7.0% cap · market cap 92.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
20 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
1,550
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Clear span flex space featuring 20-foot ceilings, a drive-in door, and a small office setup.
Where is this flex space located?
The property is located at 1431 Van Dyke Ave San Francisco, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 3,500 square feet flex space at 1431 Van Dyke Ave; Clear span interior; 20‑foot ceilings
