Industrial Building with
New
For Sale
Contact for pricing
1588-1598 Carroll Ave, San Francisco, CA 94124
Updated lighting, a renovated bathroom, and a new roof serve the industrial property.
Property Size20,500 SF
Price / SF$346.34
Days on Market3
Property Features for 1588-1598 Carroll Ave
General Information
Standard status
Active
Size
20,500 SF
Property subtype
INDUSTRIAL
Site & Location
Neighborhood
Bayview Hunters Point
Outdoor Storage
Yes
Building Details
Buildings
1
Building Size
20,500 SF
Listing Agency:
HC&M Commercial Properties
(415) 865-3740
Listed By:
Nelson Knuth · License #01231058
(415) 308-4400
Source:
Moodyscre
Added: Oct 30
Last Checked: Nov 1 at 8:17AM
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 HC&M Commercial Properties
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.
This industrial property includes a building of approximately 20,500 square feet and an outdoor yard of approximately 9,500 square feet. Improvements include new lighting, a new bathroom, and a new roof.
The property is located at 1588-1598 Carroll Ave in San Francisco, California.
The property is located at 1588-1598 Carroll Ave in San Francisco, California.
Key Highlights
- Approximately 20,500 ± square foot building
- Approximately 9,500 ± square foot yard
- New roof, lighting, and bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$348,705
Cap Rate
4.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,974,100
$7.0M
Cap Rate 7%
$4,981,500
$5.0M
Cap Rate 9%
$3,874,500
$3.9M
Market Conditions
NOI Build-Up for 20,500 SF
Gross rent
$553.5K $27.00/SF
− Vacancy
−$55.4K −$2.70/SF
EGI
$498.2K $24.30/SF
− OpEx
−$149.4K −$7.29/SF
NOI
$348.7K $17.01/SF
Area
San Francisco, CA
Vacancy
10.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,974,100
Cap Rate 7%
$4,981,500
Cap Rate 9%
$3,874,500
Alternative Uses
Best Use
Industrial
$4.98M
$4.36M – $5.81M
NOI $348,705 @ 7.0% cap · market cap 4.91%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$100.13M
$87.62M – $116.82M
NOI $7,009,386 @ 7.0% cap · market cap 98.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,744
Businesses Nearby
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
Frequently Asked Questions
What type of property is this?
Industrial property - Updated lighting, a renovated bathroom, and a new roof serve the industrial property.
Where is this industrial property located?
The property is located at 1588-1598 Carroll Ave San Francisco, CA.
What is the asking price?
The asking price for this property is $7,100,000.
What are key features of this property?
This property features: Approximately 20,500 ± square foot building; Approximately 9,500 ± square foot yard; New roof, lighting, and bathroom
