San Francisco Office Building For
924 Sansome St San Francisco, CA 94111
924 Sansome St, San Francisco, CA, 94111
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For Sale
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Office building with 19,212 square feet available for sale.
Property Size19,212 SF
Price / SF$301.89
Days on Market1467
Property Features for 924 Sansome St
General Information
- Standard status
- Active
- Size
- 19,212 SF
- Property subtype
- Office
Building Details
- Year Built
- 1911
Listing Agency
Kidder Mathews
(415) 229-8940
Listed by
Andrew Rebennack · License #CA 02025935
Source
Crexi
Added: Jul 16, 2022 Updated: Jul 6 at 8:13 am Checked: Jul 19 at 7:50 am
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 Kidder Mathews
Investment Insights
Based on property information with market context.
This commercial property, suitable for office use, is available for sale. The building offers 19,212 square feet of space.
Key Highlights
- Historic Charm: Built in 1911, offering unique character and architectural details from the era.
- Established Property: Provides the potential for renovation or preservation.
- Solid Foundation: A property that has stood the test of time.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $846.1k | $44.04 |
| − Vacancy | −$214.9k | −$11.19 |
| EGI | $631.2k | $32.85 |
| − OpEx | −$157.8k | −$8.21 |
| NOI | $473.4k | $24.64 |
19,212 SF · lease $44.04/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$6.76M
$5.92M – $7.89M
NOI $473,391 @ 7.0% cap · market cap 8.16%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$93.84M
$82.11M – $109.48M
NOI $6,568,991 @ 7.0% cap · market cap 113.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Office building with 19,212 square feet available for sale.
Where is this office building located?
The property is located at 924 Sansome St San Francisco, CA.
What is the asking price?
The asking price for this property is $5,800,000.
What are key features of this property?
This property features: Historic Charm: Built in 1911, offering unique character and architectural details from the era.; Established Property: Provides the potential for renovation or preservation.; Solid Foundation: A property that has stood the test of time.
