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Mixed-Use Property with Retail Space
For Sale
$1,200,000

4871 Mission St, San Francisco, CA 94112

Mixed-use property featuring retail space and residential apartments.

Property Size3,075 SF
Lot Size0.05 Acres
Days on Market150

Property Features for 4871 Mission St

General Information

Standard status Active
Size 3,075 SF
Lot size 0.05 Acres
Property subtype Investment

Building Details

Building Size 3,075 SF
Year Built 1922
Stories 2
Units 3
Listing Agency: Intero Real Estate Services, Inc.
Listed By: Gwen Chua · License #01872702
Source: Elliman
Added: Mar 12 Changed: Aug 8 Last Checked: Aug 8 at 6:13AM

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 Intero Real Estate Services, Inc.

Investment Insights

Based on property information with market context.

This mixed-use property is located in a high-visibility location and features retail space on the ground floor with large storefront windows suitable for retail, service, or office use. Above the commercial unit are multiple fully-leased residential apartments, providing consistent rental income. The property includes a solar electrical system and separate utility meters. Tenants have convenient access to public transportation, local shops, dining, and major commuter routes. There is a 2Bed/1bath owner's unit behind the retail space. This property may be suitable for an owner-user, investor, or 1031 exchange.

Key Highlights

  • Consistent rental income from fully‑leased residential apartments.
  • Prime, high‑visibility location ideal for retail, service, or office use.
  • Turnkey property with low‑maintenance features.

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
$66,046
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
5.50%
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%
$1,320,920 $1.3M
Cap Rate 7%
$943,514 $943.5K
Cap Rate 9%
$733,844 $733.8K
Market Conditions
NOI Build-Up for 3,075 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
$136.5K $44.40/SF
− Vacancy
−$48.5K −$15.76/SF
EGI
$88.1K $28.64/SF
− OpEx
−$22.0K −$7.16/SF
NOI
$66.0K $21.48/SF
Area
ZIP 94112
Vacancy
35.50%
Lease Rate
$44.40 /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%
$1,320,920
Cap Rate 7%
$943,514
Cap Rate 9%
$733,844

Alternative Uses

Best Use
Apartment 5plus
$1.60M
$1.40M – $1.87M (±1% cap)
NOI $112,197 @ 7.0% cap · market cap 9.35%
Second Best
Office B
$943.5K
$825.6K – $1.10M (±1% cap)
NOI $66,046 @ 7.0% cap · market cap 5.50%
Theoretical Best
Multifamily LT 5
$1.77M
$1.55M – $2.06M (±1% cap)
NOI $123,855 @ 7.0% cap · market cap 10.32%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Food Market Restaurant Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,847
Businesses Nearby

Demographics for 94112, CA

79,314
Population
24,530
Households
3.2
Avg Household Size
42
Median Age
36%
College-Educated
80%
High-School Grad
3.3 sq mi
ZIP Area
24,035
Density / Sq Mi
$130,906
Median Household Income
$55,744
Median Earnings
$2,326
Median Rent
$1,159,600
Median Home Value

Market

Vacancy Rate% for Office in San Francisco, CA

5.4% 2019
15.8% 2020
18.5% 2021
24.1% 2022
32.5% 2023
34.2% 2024
33.1% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property featuring retail space and residential apartments.
Where is this mixed-use property located?
The property is located at 4871 Mission St San Francisco, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Consistent rental income from fully‑leased residential apartments.; Prime, high‑visibility location ideal for retail, service, or office use.; Turnkey property with low‑maintenance features.
More about this property
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