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Ground-Floor Office Condo

837 Turk Street, San Francisco, CA 94102

For Sale
New
$780,000

Commercial Sale, San Francisco, CA

Property Size915 SF
Lot Size0.22 Acres
Price / SF$852.46
Days on Market6

Property Features for 837 Turk Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning NCT-3
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Subdivision SF District 8
Standard status Active
APN NC03436
Size 915 SF
Lot size 0.22 Acres

Building Details

Year built 2007
Listing Agency: Ascend Real Estate
Listed By: Steven Huang
Added: Nov 4 Changed: Nov 5 Last Checked: Nov 9 at 4:06AM
MLS# 426174504

Copyright © 2026 San Francisco Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 915-square-foot office condominium occupies the ground floor of a 2007 building. Its layout includes three private offices, an open reception area, a kitchenette, and a private restroom. Wood flooring and ceiling lighting are installed throughout, and the unit has its own street entrance with storefront windows. Parking in the secured garage is included.

The property is near Civic Center, the Opera and Symphony, Jefferson Square Park, and government offices. Zoning is NCT-3, and uses are subject to CC&R restrictions. The configuration also includes a street-facing storefront and private access from the sidewalk.

Key Highlights

  • 915 square feet in a ground‑floor office condominium
  • Three private offices plus an open reception area
  • Kitchenette and private restroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,546
Cap Rate
2.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$450,920 $450.9K
Cap Rate 7%
$322,086 $322.1K
Cap Rate 9%
$250,511 $250.5K
Market Conditions
NOI Build-Up for 915 SF
Gross rent
$40.3K $44.04/SF
− Vacancy
−$10.2K −$11.19/SF
EGI
$30.1K $32.85/SF
− OpEx
−$7.5K −$8.21/SF
NOI
$22.5K $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%
$450,920
Cap Rate 7%
$322,086
Cap Rate 9%
$250,511

Alternative Uses

Best Use
Office B
$322.1K
$281.8K – $375.8K (±1% cap)
NOI $22,546 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.47M
$3.91M – $5.21M (±1% cap)
NOI $312,858 @ 7.0% cap · market cap 40.11%
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

Trident International Inc Research Institute Kerluke and Sons Construction Company Law Office of Okan ... Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Fish Market Buffet Clothing & Fashion Store Butcher

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

12,105
Businesses Nearby

Demographics for 94102, CA

39,432
Population
23,153
Households
1.7
Avg Household Size
40
Median Age
42%
College-Educated
81%
High-School Grad
0.7 sq mi
ZIP Area
56,331
Density / Sq Mi
$64,781
Median Household Income
$55,873
Median Earnings
$1,517
Median Rent
$996,300
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 Office Units in San Francisco, CA

$558 Jul
$647 Aug
$669 Sep
$660 Oct

Properties on Market for Office Units in San Francisco

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - A street-facing entrance, garage parking, and a flexible interior support a range of professional office configurations.
Where is this office unit located?
The property is located at 837 Turk Street San Francisco, CA.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: 915 square feet in a ground‑floor office condominium; Three private offices plus an open reception area; Kitchenette and private restroom
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Includes: Price & PSF · Cap rate · Location · Zoning

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