Taraval Street Versatile Commercial
For Sale
$1,650,000
2143 Taraval Street, San Francisco, CA 94116
Adaptable commercial space on Taraval Street, San Francisco.
Property Size2,100 SF
Lot Size0.06 Acres
Price / SF$785.71
Days on Market212
Property Features for 2143 Taraval Street
General Information
Standard status
Active
Size
2,100 SF
Lot size
0.06 Acres
Property subtype
Commercial
Building Details
Year Built
1946
Listing Agency:
BRIAN A. MERRION, BROKER
(888) 832-7179
Listed By:
BRIAN MERRION · License #01940486
Source:
Corcoran
Added: Jan 21
Changed: Aug 8
Last Checked: Jul 20 at 11:00PM
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 BRIAN A. MERRION, BROKER
Investment Insights
Based on property information with market context.
Located at 2143-2145 Taraval Street in San Francisco, this commercial space presents an opportunity for lease or sale. Currently configured as a veterinary office, the 2100-square-foot property offers a functional layout suitable for various uses, including medical, dental, chiropractic, physical therapy, or retail. The space includes multiple exam/treatment rooms, a reception area, and a private office. Built-in plumbing and infrastructure support healthcare or wellness operations. The property benefits from street frontage and signage visibility along Taraval Street in the Outer Sunset/Parkside corridor, providing exposure and accessibility. Situated near the Muni L Taraval line, restaurants, and neighborhood amenities, the location offers convenience and visibility. The property has the potential to be split into two smaller spaces.
Key Highlights
- Prime location on busy Taraval Street with excellent street frontage and signage visibility.
- Versatile space adaptable for medical, dental, chiropractic, physical therapy, or retail use.
- Currently built out as a veterinary office with multiple exam/treatment rooms, reception area, and private office.
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
$51,745
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
3.14%
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%
$1,034,900
$1.0M
Cap Rate 7%
$739,214
$739.2K
Cap Rate 9%
$574,944
$574.9K
Market Conditions
NOI Build-Up for 2,100 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
$92.5K $44.04/SF
− Vacancy
−$23.5K −$11.19/SF
EGI
$69.0K $32.85/SF
− OpEx
−$17.2K −$8.21/SF
NOI
$51.7K $24.64/SF
Area
ZIP 94116
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 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%
$1,034,900
Cap Rate 7%
$739,214
Cap Rate 9%
$574,944
Alternative Uses
Best Use
Office B
$739.2K
$646.8K – $862.4K
NOI $51,745 @ 7.0% cap · market cap 3.14%
Second Best
Healthcare Medical
$496.8K
$434.7K – $579.6K
NOI $34,776 @ 7.0% cap · market cap 2.11%
Theoretical Best
Retail
$9.57M
$8.38M – $11.17M
NOI $670,166 @ 7.0% cap · market cap 40.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,175
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94116, CA
44,092
Population
16,406
Households
2.7
Avg Household Size
44
Median Age
57%
College-Educated
91%
High-School Grad
2.5 sq mi
ZIP Area
17,637
Density / Sq Mi
$152,587
Median Household Income
$79,675
Median Earnings
$2,938
Median Rent
$1,450,000
Median Home Value
Market
Vacancy Rate% for Office in San Francisco, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Bay Area Bird and Exotics Hospital — 2145 Taraval St, San Francisco, CA 94116
- Avenues Pet Hospital — 2221 Taraval St, San Francisco, CA 94116
- Brandy Vickers, DVM — 2221 Taraval St, San Francisco, CA 94116, United States
- Bay Area Bird Hospital: Marcucci Leila DVM — 2145 Taraval St, San Francisco, CA 94116
- Petco Vaccination Clinic — 1591 Sloat Blvd, San Francisco, CA 94132
Frequently Asked Questions
What type of property is this?
Medical Office Space - Adaptable commercial space on Taraval Street, San Francisco.
Where is this medical office space located?
The property is located at 2143 Taraval Street San Francisco, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Prime location on busy Taraval Street with excellent street frontage and signage visibility.; Versatile space adaptable for medical, dental, chiropractic, physical therapy, or retail use.; Currently built out as a veterinary office with multiple exam/treatment rooms, reception area, and private office.
