Technical
Financial
Distress signals
Property profile

428-438 Airport Blvd South San Francisco, CA 94080

OFF-MARKET
Warehouses
21,600 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents a fully occupied, 21,600-square-foot warehouse located at 428-438 S. Airport Blvd in South San Francisco, California, 94080. The property boasts a desirable location, offering convenient access to Highway 101 and proximity to Costco. The single-story building features three dock-high doors, providing efficient loading and unloading capabilities. With a total of 11 parking spaces, ample parking is available for tenants and visitors. The warehouse is currently 100% occupied across two units, generating a stable income stream. The property sits on a lot ranging from 7,000 to 8,000 square feet. The asking price is $7,800,000, and the sale is structured as a 1031 exchange. Rent bumps are included in the lease agreements, ensuring future income growth. This is a rare opportunity to acquire a high-quality, net-lease industrial property in a prime South San Francisco location with strong tenant occupancy and built-in appreciation potential. The property is ideal for investors seeking a stable, long-term investment with significant upside. The convenient location and strong tenant occupancy make this a compelling investment opportunity.

Property profile

Verified
Property type Warehouses
Total area 21,600 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

428-438 Airport Blvd South San Francisco, CA 94080
South San Francisco metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 428-438 Airport Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message