New Flex Property with 12
For Sale
Contact for pricing
1441-1449 Stevenson St, San Francisco, CA 94103
Brand-new 2022 building offers 12 separately metered flex/PDR suites with 3-phase power.
Property Size17,226 SF
Price / SF$464.41
Days on Market209
Property Features for 1441-1449 Stevenson St
General Information
Standard status
Active
Size
17,226 SF
Property subtype
OFFICE
Site & Location
Neighborhood
Mission
Additional Details
Heavy Power
Yes
Building Details
Year Built
2022
Listing Agency:
Kidder Mathews | San Francisco
(415) 229-8888
Listed By:
Evan Housel · License #01882475
(415) 229-8922
Source:
Moodyscre
Added: Apr 7
Changed: Oct 25
Last Checked: Nov 1 at 9:17AM
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 Kidder Mathews | San Francisco
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2022, this brand-new flex property is configured with twelve (12) flex/PDR suites. Each unit is separately metered for PG&E, supporting independent utility allocation. The building is described as having 600 amps of 3-phase power, subject to buyer verification.
The property is located in Central Mission, within close proximity to Valencia St and about an 8-minute walk to 16th St BART.
The suites are available with existing short-term leases described as being under market; the listing notes upside rental potential. Financial details are available by contacting the listing broker.
The property is located in Central Mission, within close proximity to Valencia St and about an 8-minute walk to 16th St BART.
The suites are available with existing short-term leases described as being under market; the listing notes upside rental potential. Financial details are available by contacting the listing broker.
Key Highlights
- Brand‑new building completed in 2022
- 12 flex/PDR suites
- Suites are separately metered for PG&E
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$424,455
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,489,100
$8.5M
Cap Rate 7%
$6,063,643
$6.1M
Cap Rate 9%
$4,716,167
$4.7M
Market Conditions
NOI Build-Up for 17,226 SF
Gross rent
$758.6K $44.04/SF
− Vacancy
−$192.7K −$11.19/SF
EGI
$565.9K $32.85/SF
− OpEx
−$141.5K −$8.21/SF
NOI
$424.5K $24.64/SF
Area
San Francisco, CA
Vacancy
25.40%
Lease Rate
$44.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,489,100
Cap Rate 7%
$6,063,643
Cap Rate 9%
$4,716,167
Alternative Uses
Best Use
Office B
$6.06M
$5.31M – $7.07M
NOI $424,455 @ 7.0% cap · market cap 5.31%
Second Best
Industrial
$4.19M
$3.66M – $4.88M
NOI $293,014 @ 7.0% cap · market cap 3.66%
Theoretical Best
Specialty Retail
$84.14M
$73.62M – $98.17M
NOI $5,889,935 @ 7.0% cap · market cap 73.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
9,967
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 94103, CA
37,843
Population
20,920
Households
1.8
Avg Household Size
37
Median Age
56%
College-Educated
88%
High-School Grad
1.4 sq mi
ZIP Area
27,031
Density / Sq Mi
$122,339
Median Household Income
$83,348
Median Earnings
$2,146
Median Rent
$1,057,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in San Francisco, CA
Similar Off Market Nearby
- Italian Pasta Kitchen — Located inside Kasa, 4001 18th St B, San Francisco, CA 94114
- Christian Larry — 710 Florida St, San Francisco, CA 94110
- Green Cap Catering — 238 Capp St, San Francisco, CA 94110
- Hedge Coffee — 434 Shotwell St, San Francisco, CA 94110
- Barbary Coast Catering — 3139 16th St, San Francisco, CA 94103
Frequently Asked Questions
What type of property is this?
Flex space - Brand-new 2022 building offers 12 separately metered flex/PDR suites with 3-phase power.
Where is this flex space located?
The property is located at 1441-1449 Stevenson St San Francisco, CA.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: Brand‑new building completed in 2022; 12 flex/PDR suites; Suites are separately metered for PG&E
