2225 Mckinnon Ave San Francisco, CA 94124-1326
- Industrial properties
- 20,416 SF
- 0.68 lot acres
Dec 08, 2020
Current Use by Public Records
- Caldwells Doors / Door Supplier
Property Details for 2225 Mckinnon Ave
- Year built
- 1976
- Construction
- WOOD
- Lot size
- 0.68 lot acres
- Property size
- 20,416 SF
- Zone code
- M1
- Property type
- Industrial properties
- APN
- 5588A-002
- APU
- 5588A002
Description
This 26,829 square foot, single-story industrial warehouse in San Francisco's Bayview district presents a compelling value-add opportunity. The property, built in 1976, sits on a 0.68-acre lot and features six dock-high doors, 23'-24' clear ceiling height, and ±11,500 square feet of vacant space. Currently 55% occupied by three tenants under a gross lease structure, two of which are on short-term agreements, providing immediate upside potential. The property's PDR-2 zoning allows for diverse uses, including production, distribution, repair, retail, and office space. Strategically located near major highways (US-101 and I-280) and significant employers like Amazon, FedEx, and Restaurant Depot, this asset benefits from a densely populated trade area with average household incomes exceeding $155,000 within a five-mile radius. The asking price is $7,900,000, with a current NOI of $231,528 and a pro-forma NOI of $298,750. This represents a rare opportunity to acquire a trophy asset in a prime San Francisco location, held by the same owner for over 30 years. The property is eligible for SBA financing.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $535,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $552,000
Market price range: $552k - $2.61M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- San Francisco
- County
- San Francisco
- State
- California
- Longitude
- -122.402
- Latitude
- 37.7424
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
