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    841 Polk St San Francisco, CA 94109

    Sponsored
    For Sale
    $1,600,000

    San Francisco Mixed-Use Land, 3,000 sq ft

    Property size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 3,000 square foot property at 841 Polk Street in San Francisco, CA 94109 presents a unique development opportunity. Located in a vibrant neighborhood, this raw land parcel is zoned NCD/RC4, allowing for diverse development options. The current owner possesses preliminary plans for an eight-story residential building, including a basement level, ground floor commercial space, and approximately 23 residential units. This design offers a potential model for an affordable housing development, though the zoning allows for a range of possibilities to suit various investment strategies. The site's 3,000 square feet provide ample space for a substantial project. This is a rare chance to acquire a prime raw parcel in a highly desirable San Francisco location, making it an ideal investment for developers seeking a high-impact project with significant potential. The property's central location offers easy access to public transportation, amenities, and the city's bustling cultural scene. This is a truly exceptional opportunity to create a landmark development in a thriving San Francisco neighborhood. The latitude and longitude coordinates are 37.7844847775683 and -122.41954967810824 respectively. The asking price for this remarkable property is $1,600,000.

    Property Features for 841 Polk St

    General Information

    Property type
    Multifamily properties
    Square Feet
    3,000 SF

    HighLights

    • Rare San Francisco raw land parcel available.
    • Suitable for diverse development projects.
    • Existing plans for an 8‑story residential building with ground‑floor commercial space and 23 units.
    • Ideal for affordable housing development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Francisco
    County
    San Francisco
    State
    California
    Longitude
    -122.41954967811
    Latitude
    37.784484777568

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    FAQs

    What type of property is this?
    Multifamily property - San Francisco Mixed-Use Land, 3,000 sq ft
    Where is this multifamily property located?
    The property is located at 841 Polk St San Francisco, CA.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: Rare San Francisco raw land parcel available.; Suitable for diverse development projects.; Existing plans for an 8-story residential building with ground-floor commercial space and 23 units.
    Request Owner's contact information
    841 Polk St San Francisco, CA 94109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    841 Polk St San Francisco, CA 94109
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