Flex Space with Drive-In
For Sale
$795,000
27-1555 Yosemite Ave, San Francisco, CA 94124
Light industrial condominium combining finished offices, kitchenette, warehouse space, and secure on-site parking.
Property Size1,592 SF
Price / SF$499.37
Days on Market43
Property Features for 27-1555 Yosemite Ave
General Information
Standard status
Active
Size
1,592 SF
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Clear Height
16 ft
Drive-In Doors
1
Listing Agency:
Compass Commercial
(415) 412-5703
Listed By:
Davis Trucdan Nguyen · License #01509978
(415) 412-5703
Source:
Exprealty
Added: Jun 30
Changed: Aug 11
Last Checked: Aug 11 at 5:58AM
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
Investment Insights
Based on property information with market context.
This 1,592-square-foot flex space condominium combines finished office areas and a kitchenette with an open warehouse component. The warehouse has 16-foot ceilings, a 10-foot roll-up door for drive-in loading, and loft storage reached by ladder. Assigned parking sits directly outside the unit, with additional visitor parking available within the complex.
The property is part of the Yosemite Business Center, a gated 60-unit commercial complex in San Francisco’s Bayview district. Its location provides access to 3rd Street, Highway 101, and Interstate 280, connecting the property with San Francisco and the broader Bay Area. The business center is professionally managed, and the lot is fully secured.
The property is part of the Yosemite Business Center, a gated 60-unit commercial complex in San Francisco’s Bayview district. Its location provides access to 3rd Street, Highway 101, and Interstate 280, connecting the property with San Francisco and the broader Bay Area. The business center is professionally managed, and the lot is fully secured.
Key Highlights
- 1,592‑square‑foot light industrial condominium
- Open warehouse area with 16‑foot ceilings
- 10‑foot roll‑up door supports drive‑in loading
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
$39,227
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
4.93%
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%
$784,540
$784.5K
Cap Rate 7%
$560,386
$560.4K
Cap Rate 9%
$435,856
$435.9K
Market Conditions
NOI Build-Up for 1,592 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
$70.1K $44.04/SF
− Vacancy
−$17.8K −$11.19/SF
EGI
$52.3K $32.85/SF
− OpEx
−$13.1K −$8.21/SF
NOI
$39.2K $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 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%
$784,540
Cap Rate 7%
$560,386
Cap Rate 9%
$435,856
Alternative Uses
Best Use
Office B
$560.4K
$490.3K – $653.8K
NOI $39,227 @ 7.0% cap · market cap 4.93%
Second Best
Warehouse
$469.8K
$411.0K – $548.1K
NOI $32,883 @ 7.0% cap · market cap 4.14%
Theoretical Best
Specialty Retail
$7.78M
$6.80M – $9.07M
NOI $544,339 @ 7.0% cap · market cap 68.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
16 ft
Clear height
1
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,744
Businesses Nearby
Balanced
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
Market
Vacancy Rate% for Office in San Francisco, CA
Questions? Ask Rey
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Similar Off Market Nearby
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- Pampa BBQ — 5919 3rd St, San Francisco, CA 94124
- Ichi Catering — 5919 3rd st, san francisco, ca 94124
- Left Coast Catering — 1400 Yosemite Ave, San Francisco, CA 94124
Frequently Asked Questions
What type of property is this?
Flex space - Light industrial condominium combining finished offices, kitchenette, warehouse space, and secure on-site parking.
Where is this flex space located?
The property is located at 27-1555 Yosemite Ave San Francisco, CA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 1,592‑square‑foot light industrial condominium; Open warehouse area with 16‑foot ceilings; 10‑foot roll‑up door supports drive‑in loading
