Four-Unit Industrial
1580-1584 Wallace Avenue San Francisco, CA 94124
For Sale
$1,750,000
Four-unit warehouse on a secure gated lot with roll-up doors and on-site parking, zoned PDR-1-B.
Property Size4,828 SF
Lot Size0.17 Acres
Price / SF$362.47
Days on Market184
Property Features for 1580-1584 Wallace Avenue
General Information
- Standard status
- Active
- Size
- 4,828 SF
- Lot size
- 0.17 Acres
- Property subtype
- Other
Building Details
- Year Built
- 1975
Listing Agency:
Compass
(415) 418-4171
Listed By:
Davis Nguyen · License #01509978
(415) 418-4171
Source:
Compass
Added: Jan 21
Changed: Jul 23
Last Checked: Jul 23 at 12:31PM
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
Investment Insights
Based on property information with market context.
1580–1584 Wallace Avenue is a four-unit industrial warehouse building built in 1975. The property includes roll-up doors for each unit and four on-site parking spaces, set within a secure, gated lot. With four separate units under one roof, the layout supports a range of industrial configurations within the existing building.
The property is located in San Francisco’s Bayview District and is described as providing access to major freeways, public transit, and San Francisco’s industrial corridors.
Zoned PDR-1-B, the site is positioned for flexible industrial uses. This is an owner-user and investor-oriented industrial offering featuring a compact, multi-unit configuration.
The property is located in San Francisco’s Bayview District and is described as providing access to major freeways, public transit, and San Francisco’s industrial corridors.
Zoned PDR-1-B, the site is positioned for flexible industrial uses. This is an owner-user and investor-oriented industrial offering featuring a compact, multi-unit configuration.
Key Highlights
- Four‑unit industrial warehouse building built in 1975, offering approx. 4,828 SF on a 7,496 SF lot
- Zoned PDR‑1‑B for flexible use options for both investors and owner‑users
- Secure, gated lot with four on‑site parking spaces
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 | $130.4k | $27.00 |
| − Vacancy | −$13.0k | −$2.70 |
| EGI | $117.3k | $24.30 |
| − OpEx | −$17.6k | −$3.65 |
| NOI | $99.7k | $20.66 |
4,828 SF · lease $27.00/SF/yr · vacancy 10.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.42M
$1.25M – $1.66M
NOI $99,722 @ 7.0% cap · market cap 5.70%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$23.58M
$20.63M – $27.51M
NOI $1,650,796 @ 7.0% cap · market cap 94.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
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FAQs
What type of property is this?
Warehouse - Four-unit warehouse on a secure gated lot with roll-up doors and on-site parking, zoned PDR-1-B.
Where is this warehouse located?
The property is located at 1580-1584 Wallace Avenue San Francisco, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Four‑unit industrial warehouse building built in 1975, offering approx. 4,828 SF on a 7,496 SF lot; Zoned PDR‑1‑B for flexible use options for both investors and owner‑users; Secure, gated lot with four on‑site parking spaces
