Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    161 El Camino Real South San Francisco, CA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Freestanding office building in South San Francisco, delivered vacant.

    Type:OFFICE
    Property size:
    3,010 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $564/SF
    Added:
    Apr 24, 2025
    Days on Market:
    371
    Last Refresh:
    Apr 5 at 10:39 pm

    Property Features for 161 El Camino Real

    General Information

    Standard status
    Active
    Size
    3,010 SF
    Lot size
    0.08 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    Jeremy Lee
    Jeremy Lee

    Listing agent Jeremy Lee

    Listing office LL CRE

    Listing date Apr 24, 2025

    Source Moodyscre

    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 LL CRE

    Overview

    Freestanding Office Building For Sale

    The property at 161 El Camino Real is a freestanding, steel-frame commercial building constructed in 2017 and located in South San Francisco. The building has approximately 3,010 square feet of gross building area situated on a lot of approximately 3,485 square feet. The layout includes 2,246 square feet of ground-level office space and a 764 square foot mezzanine. Features of the property include abundant natural light, high ceilings, two ADA bathrooms, two office rooms, a mini kitchenette, and flexible open space. The building is suitable for owner-users and will be delivered vacant upon the close of escrow.
    Location Intelligence

    Current Use by Public Records

    Montgomery Sansome LP General Contractor

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South San Francisco
    County
    San Mateo
    State
    California
    Longitude
    -122.425
    Latitude
    37.6416

    Nearby Similar for Sale

    • $1,025,000
      1,633 SF

      Updated Duplex in South S.F.

      Well-maintained duplex with updated units, convenient location, and modern amenities.
      577-579 Miller AVE, SOUTH SAN FRANCISCO, CA 94080
      View Details
    • $1,100,000
      2,720 SF

      Versatile Showroom Warehouse in Peninsula

      Functional industrial space in South San Francisco's commercial hub.
      1435 Huntington Avenue #C, South San Francisco, CA 94080
      View Details
    • $48,000,000
      21,552 SF

      Commercial Property - SOUTH SAN FRANCISCO, CA

      560 Eccles AVE, SOUTH SAN FRANCISCO, CA 94080
      View Details
    • $799,000
      2,208 SF

      Combined Flex Space Units

      Combined flex space units with office and warehouse areas.
      451 Victory Avenue #4, SOUTH SAN FRANCISCO, CA 94080
      View Details
    • $2,395,000
      7,017 SF

      South San Francisco Apartment Building

      7-unit apartment building in South San Francisco's downtown area.
      515 Baden Avenue, South San Francisco, CA 94080
      View Details
    • $2,595,000
      7,603 SF

      Retail/Warehouse/Development Opportunity in South San Francisco

      Retail/warehouse property with development potential near Grand Ave.
      305 Airport Boulevard, South San Francisco, CA 94080
      View Details
    • $1,980,000
      7,017 SF

      South San Francisco Apartment Building

      7-unit apartment building in booming downtown South San Francisco.
      515 Baden Avenue, SOUTH SAN FRANCISCO, CA 94080
      View Details
    • $848,000
      1,216 SF

      Retail Space Below Luxury Condos

      Retail spaces available below newly constructed luxury residential condos.
      889 McLellan Dr, South San Francisco, CA
      View Details
    • Contact for pricing
      33,000 SF

      South San Francisco Warehouse Opportunity

      Value-add warehouse facility with upside potential in South San Francisco.
      1373 Lowrie Ave, South San Francisco, CA 94080
      View Details
    • $3,899,999
      6,774 SF

      South San Francisco SRO Hotel

      29-room hotel near downtown South San Francisco.
      MILLER AVE, South San Francisco, CA 94080
      View Details
    • $3,250,000
      7,924 SF

      South San Francisco Multifamily Investment

      Seven-unit apartment building in downtown South San Francisco.
      514 Baden Avenue, SOUTH SAN FRANCISCO, CA 94080
      View Details
    • $5,000,000
      8,000 SF

      South San Francisco Warehouse Opportunity

      8,000 sqft warehouse/industrial property in South San Francisco for sale.
      435 Grand Avenue, SOUTH SAN FRANCISCO, CA 94080
      View Details

    FAQs

    What type of property is this?
    Office building - Freestanding office building in South San Francisco, delivered vacant.
    Where is this office building located?
    The property is located at 161 El Camino Real South San Francisco, CA.
    What is the asking price?
    The asking price for this property is $1,699,000.
    What are key features of this property?
    This property features: Delivered vacant, ideal for owner‑users.; Freestanding, steel‑frame commercial building built in 2017.; Approximately 3,010 sq. ft. of gross building area.
    (510) 686-0435 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jeremy Lee
    Jeremy Lee
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!