841 Polk St San Francisco, CA 94109
- Parking lots & garages
- 0.07 lot acres
Current Use by Public Records
- Parking lots & garages
Property Details for 841 Polk St
- Year built
- 1900
- Construction
- WOOD
- Lot size
- 0.07 lot acres
- Zone code
- NC3
- Property type
- Parking lots & garages
- APN
- 0718 -004
- APU
- 718004
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $960,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,055,000
- 6.5%
- $1,010,000
- 7%
- $1,220,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,165,000
- Geo Method
- $1,085,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,445,000
- Retail
- $1,275,000
- Mixed-Use
- $1,290,000
- Hospitality
- $1,300,000
- Educational
- $1,340,000
- Residential Income
- $1,245,000
- Energy
- $1,060,000
- Income-Based Land
- $1,435,000
- Food Service
- $1,415,000
Location Insight
- Map
- Local Demand
- City
- San Francisco
- County
- San Francisco
- State
- California
- Longitude
- -122.42
- Latitude
- 37.7846
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
