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    3450 3Rd St San Francisco, CA 94124

    Sponsored
    For Sale
    $1,500,000

    Rare India Basin Warehouse, $1.5M

    Property size:
    4,230 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This 4,230 square foot commercial condominium warehouse in San Francisco's India Basin neighborhood is offered at $1,500,000. Built in 1987, this two-story property features PDR-2 zoning (Production, Distribution, and Repair), allowing for diverse uses. The clear-span warehouse boasts convenient front and rear drive-in loading access, plus on-site parking. Currently vacant upon close of escrow, this presents a unique owner-user opportunity or a strong value-add potential for investors seeking above-market returns through renovation and leasing. Located at 3450 3rd Street, San Francisco, CA 94124 (APN 5211/029), this infill location offers excellent access within a desirable industrial area. The property's size and features make it an exceptional investment opportunity in a highly sought-after San Francisco location. This is a rare chance to acquire a fee simple interest in a commercial condominium within the India Basin.

    Property Features for 3450 3Rd St

    General Information

    Property type
    Distribution properties
    Square Feet
    4,230 SF

    Building Details

    Year Built
    1987

    HighLights

    • $1,500,000 asking price for this San Francisco industrial condo.
    • 4,230 square foot warehouse with clear span design and front and rear drive‑in loading.
    • On‑site parking available.
    • Owner‑user opportunity; property can be delivered vacant.
    • Located in San Francisco's desirable India Basin neighborhood, offering value‑add potential.
    • PDR‑2 zoning (Production, Distribution, and Repair).
    Property Profile Location Intelligence

    Current Use by Public Records

    Reliant | Rebuild • Repair ... Auto Repair Shop Bayview Child Health ... Pediatrician Homeless Children's Network Social Services Organization Dane Burgess Strength ... Personal Trainer WRENCH ARMY Personal Trainer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    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
    -122.3874789
    Latitude
    37.7452368

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    FAQs

    What type of property is this?
    Distribution property - Rare India Basin Warehouse, $1.5M
    Where is this distribution property located?
    The property is located at 3450 3Rd St San Francisco, CA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: $1,500,000 asking price for this San Francisco industrial condo.; 4,230 square foot warehouse with clear span design and front and rear drive-in loading.; On-site parking available.
    Request Owner's contact information
    3450 3Rd St San Francisco, CA 94124
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    San Francisco, CA 94124
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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
    3450 3Rd St San Francisco, CA 94124
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