San Francisco Industrial Building For
237 Clara Street, San Francisco, CA 94107
For Sale
$899,500
2000 SF industrial building in San Francisco's SOMA district.
Property Size2,000 SF
Lot Size0.05 Acres
Price / SF$449.75
Days on Market499
Property Features for 237 Clara Street
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Listing Agency:
COMPASS COMMERCIAL
(415) 345-3000
Listed By:
STEVEN C GERRY · License CA #01926878
(415) 846-2849
Source:
Corcoran
Added: Jul 4, 2025
Changed: Aug 8
Last Checked: Jul 27 at 4:08AM
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 COMMERCIAL
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a 2,000 square foot commercial building dating back to 1923. Zoned MUR-45-X, this property offers possibilities for industrial and manufacturing ventures. The property is located in San Francisco's SOMA district, an area known for its tech-focused community. The location provides access to destinations such as ATT Park, the Yerba Buena Gardens, and the San Francisco Museum of Modern Art.
Key Highlights
- Strategic location in San Francisco's SOMA district.
- Zoned MUR‑45‑X, offering versatile possibilities.
- 2,000 SF building suitable for industrial or manufacturing ventures.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,281
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$985,620
$985.6K
Cap Rate 7%
$704,014
$704.0K
Cap Rate 9%
$547,567
$547.6K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$88.1K $44.04/SF
− Vacancy
−$22.4K −$11.19/SF
EGI
$65.7K $32.85/SF
− OpEx
−$16.4K −$8.21/SF
NOI
$49.3K $24.64/SF
Area
San Francisco, CA
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 Rate 5%
$985,620
Cap Rate 7%
$704,014
Cap Rate 9%
$547,567
Alternative Uses
Best Use
Office B
$704.0K
$616.0K – $821.4K
NOI $49,281 @ 7.0% cap · market cap 5.48%
Second Best
Industrial
$486.0K
$425.3K – $567.0K
NOI $34,020 @ 7.0% cap · market cap 3.78%
Theoretical Best
Multifamily LT 5
$1.02M
$888.5K – $1.18M
NOI $71,079 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
13,412
Businesses Nearby
Explore this area
Business Placement
Demographics for 94107, CA
34,012
Population
18,798
Households
1.8
Avg Household Size
36
Median Age
77%
College-Educated
93%
High-School Grad
1.9 sq mi
ZIP Area
17,901
Density / Sq Mi
$186,123
Median Household Income
$118,676
Median Earnings
$3,378
Median Rent
$1,227,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Industrial properties in San Francisco, CA
Properties on Market for Industrial properties in San Francisco
Vacancy Rate% for Office in San Francisco, CA
Frequently Asked Questions
What type of property is this?
Industrial property - 2000 SF industrial building in San Francisco's SOMA district.
Where is this industrial property located?
The property is located at 237 Clara Street San Francisco, CA.
What is the asking price?
The asking price for this property is $899,500.
What are key features of this property?
This property features: Strategic location in San Francisco's SOMA district.; Zoned MUR‑45‑X, offering versatile possibilities.; 2,000 SF building suitable for industrial or manufacturing ventures.
