Ground-Floor Office
For Sale
$399,900
5020 Mission Street Unit 1, San Francisco, CA 94112
Flexible commercial space suited to professional office, therapy, massage, or wellness operations.
Property Size831 SF
Price / SF$481.23
Days on Market96
Property Features for 5020 Mission Street Unit 1
General Information
Standard status
Active
Size
831 SF
Property subtype
Office
Site & Location
Road Access
Yes
Public Transit
Yes
Additional Details
Floor
Ground Floor
HOA Fee
$393
Amenities
3
Parking.
On Street.
Other
Other.
Building Details
Year Built
2004
Listing Agency:
(925) 621-6200
Listed By:
Intero Real Estate Services
Source:
Xome
Added: Jun 1
Changed: Sep 3
Last Checked: Sep 2 at 2:12PM
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
Investment Insights
Based on property information with market context.
Unit 1 is a ground-floor commercial condominium with 831 square feet of flexible, open interior space. The property was built in 2004 and can accommodate a professional office, therapeutic massage practice, or wellness center based on the stated use potential. On-street parking is available.
The property is located at 5020 Mission Street in San Francisco’s Excelsior district, directly along major Muni lines and minutes from BART. Its position on Mission Street provides a storefront setting with direct transit access for clients, patients, and staff.
The property is located at 5020 Mission Street in San Francisco’s Excelsior district, directly along major Muni lines and minutes from BART. Its position on Mission Street provides a storefront setting with direct transit access for clients, patients, and staff.
Key Highlights
- 831 sq. ft. of flexible open commercial space
- Ground‑floor Unit 1 commercial condominium
- Built in 2004
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
$17,849
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
4.46%
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%
$356,980
$357.0K
Cap Rate 7%
$254,986
$255.0K
Cap Rate 9%
$198,322
$198.3K
Market Conditions
NOI Build-Up for 831 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
$36.9K $44.40/SF
− Vacancy
−$13.1K −$15.76/SF
EGI
$23.8K $28.64/SF
− OpEx
−$5.9K −$7.16/SF
NOI
$17.8K $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%
$356,980
Cap Rate 7%
$254,986
Cap Rate 9%
$198,322
Alternative Uses
Best Use
Office B
$255.0K
$223.1K – $297.5K
NOI $17,849 @ 7.0% cap · market cap 4.46%
Second Best
Retail
$219.4K
$192.0K – $256.0K
NOI $15,357 @ 7.0% cap · market cap 3.84%
Theoretical Best
Multifamily LT 5
$478.2K
$418.4K – $557.9K
NOI $33,471 @ 7.0% cap · market cap 8.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,860
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Flexible commercial space suited to professional office, therapy, massage, or wellness operations.
Where is this office units located?
The property is located at 5020 Mission Street Unit 1 San Francisco, CA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 831 sq. ft. of flexible open commercial space; Ground‑floor Unit 1 commercial condominium; Built in 2004
