3738 Geary Blvd San Francisco, CA 94118-3297
- Commercial real estate
- 995 SF
- 0.06 lot acres
Jun 03, 2024
Current Use by Public Records
- SF Roofing Partners / Roofing Contractor
Property Details for 3738 Geary Blvd
- Year built
- 2008
- Construction
- WOOD
- Lot size
- 0.06 lot acres
- Property size
- 995 SF
- Zone code
- NC3
- Property type
- Commercial real estate
- APN
- 1433 -065
- APU
- 1433065
Description
This 995-square-foot vacant commercial condo, located at 3738 Geary Boulevard in San Francisco's Inner Richmond district (zip code 94118), presents a compelling investment or owner-user opportunity. Built in 2008 and renovated in 2009, this Class B property boasts a desirable ground-floor location within the NCD - Geary Boulevard Neighborhood Commercial District zoning. The space features an open floor plan, abundant natural light, and two ADA-compliant restrooms, along with a separate storage area. The asking price is $995,000, representing a price per square foot of $1,000 and a 2.29% capitalization rate based on a Net Operating Income (NOI) of $22,776. The property sits on a 2,500-square-foot lot and benefits from excellent foot traffic, proximity to public transportation, schools, and other retailers, maximizing business exposure. This is an ideal space for a variety of uses, including convenience stores, restaurants, and storefronts. The property is currently vacant and ready for immediate occupancy. Note that the property is also available for lease.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $240,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $270,000
Market price range: $87.1k - $295k
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Location Insight
- Map
- Local Demand
- City
- San Francisco
- County
- San Francisco
- State
- California
- Longitude
- -122.46
- Latitude
- 37.7815
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA