Versatile Industrial Condo in
For Sale
$999,000
2250 Jerrold Avenue # 11, San Francisco, CA 94124
Two-level industrial condo with flexible workspace and office space.
Property Size1,882 SF
Price / SF$530.82
Days on Market273
Property Features for 2250 Jerrold Avenue # 11
General Information
Standard status
Active
Size
1,882 SF
Property subtype
Industrial
Building Details
Building Size
1,882 SF
Year Built
1990
Listing Agency:
KW Advisors
Listed By:
Tim A Brown
(415) 334-0100
Source:
Elevationrealestate
Added: Jan 19
Changed: Oct 12
Last Checked: Oct 16 at 5:58PM
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 KW Advisors
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Investment Insights
Based on property information with market context.
This two-level industrial condo, built in 1990, is located in San Francisco's Bayview district. The end-unit property offers 1,882 sq ft of adaptable space. The main level features a flex workspace and multiple offices or workshop rooms equipped with sinks, suitable for production assembly or creative projects. A janitorial closet and a half bath are also located on this level. Upstairs, the property includes additional office space, a break room with a kitchenette, and a three-quarter bath. An outdoor terrace provides an area for breaks. Generous windows provide daylight throughout the space. The property is zoned PDR 2 and includes two-car parking. The property is designed for businesses that value comfort and productivity. It is located in a strategic location with access to major transit routes. The property will be delivered vacant.
Key Highlights
- 1,882 sq ft end‑unit industrial condo in San Francisco's Bayview district.
- Flexible workspace with multiple offices/workshop rooms, sinks, kitchenette, and outdoor terrace.
- Two‑car parking and low HOA dues.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,013
Cap Rate
3.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$640,260
$640.3K
Cap Rate 7%
$457,329
$457.3K
Cap Rate 9%
$355,700
$355.7K
Market Conditions
NOI Build-Up for 1,882 SF
Gross rent
$50.8K $27.00/SF
− Vacancy
−$5.1K −$2.70/SF
EGI
$45.7K $24.30/SF
− OpEx
−$13.7K −$7.29/SF
NOI
$32.0K $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%
$640,260
Cap Rate 7%
$457,329
Cap Rate 9%
$355,700
Alternative Uses
Best Use
Industrial
$457.3K
$400.2K – $533.6K
NOI $32,013 @ 7.0% cap · market cap 3.20%
Second Best
Flex RnD
$445.6K
$389.9K – $519.9K
NOI $31,194 @ 7.0% cap · market cap 3.12%
Theoretical Best
Specialty Retail
$9.19M
$8.04M – $10.72M
NOI $643,496 @ 7.0% cap · market cap 64.41%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,998
Businesses Nearby
Well-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Two-level industrial condo with flexible workspace and office space.
Where is this flex space located?
The property is located at 2250 Jerrold Avenue # 11 San Francisco, CA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 1,882 sq ft end‑unit industrial condo in San Francisco's Bayview district.; Flexible workspace with multiple offices/workshop rooms, sinks, kitchenette, and outdoor terrace.; Two‑car parking and low HOA dues.
