Clearspan
55 Elmira St, San Francisco, CA 94124
For Sale
Contact for pricing
Metal-framed commercial warehouse with a drive-in loading door, kitchenette, and side parking behind a gate.
Property Size3,710 SF
Lot Size0.14 Acres
Price / SF$539.08
Days on Market1759
Property Features for 55 Elmira St
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Fenced Yard
Warehouse & Industrial
Clear Height
Clear Span
Drive-In Doors
Amenities
Kitchenette
Building Details
Building Size
Construction
Listing Agency:
Starboard Commercial Real Estate
(415) 765-6900
Listed By:
Frank Vella · License CA #01104977
(650) 464-8062
Source:
Moodyscre
Added: Jan 21, 2022
Changed: Nov 11
Last Checked: Nov 12 at 8:14AM
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 Starboard Commercial Real Estate
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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 metal-framed commercial warehouse offers a clearspan interior with 15’–21’ ceiling height. The building includes a kitchenette, along with one (1) drive-in loading door to support straightforward loading and unloading. For vehicle storage, there is a parking area on the side of the building behind a gate.
The property is located at 55 Elmira St in San Francisco’s Bayshore Corridor. The site is approximately 3,710 SF building size on a lot of approximately 6,098 SF.
Overall, the configuration supports warehouse use where a clear, unobstructed interior and basic loading access are important for day-to-day operations.
The property is located at 55 Elmira St in San Francisco’s Bayshore Corridor. The site is approximately 3,710 SF building size on a lot of approximately 6,098 SF.
Overall, the configuration supports warehouse use where a clear, unobstructed interior and basic loading access are important for day-to-day operations.
Key Highlights
- Approximately 3,710 SF warehouse building
- Approximately 6,098 SF lot size
- Metal‑framed commercial warehouse construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,630
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,532,600
$1.5M
Cap Rate 7%
$1,094,714
$1.1M
Cap Rate 9%
$851,444
$851.4K
Market Conditions
NOI Build-Up for 3,710 SF
Gross rent
$100.2K $27.00/SF
− Vacancy
−$10.0K −$2.70/SF
EGI
$90.2K $24.30/SF
− OpEx
−$13.5K −$3.65/SF
NOI
$76.6K $20.66/SF
Area
San Francisco, CA
Vacancy
10.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,532,600
Cap Rate 7%
$1,094,714
Cap Rate 9%
$851,444
Alternative Uses
Best Use
Warehouse
$1.09M
$957.9K – $1.28M
NOI $76,630 @ 7.0% cap · market cap 3.83%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.88M
$1.65M – $2.20M
NOI $131,852 @ 7.0% cap · market cap 6.59%
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
Lease Details
21 ft
Clear height
1
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,665
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
$1,043,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Warehouses in San Francisco, CA
Properties on Market for Warehouses in San Francisco
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - Metal-framed commercial warehouse with a drive-in loading door, kitchenette, and side parking behind a gate.
Where is this warehouse located?
The property is located at 55 Elmira St San Francisco, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Approximately 3,710 SF warehouse building; Approximately 6,098 SF lot size; Metal‑framed commercial warehouse construction
