Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    434 Canal St South San Francisco, CA 94080
    Back to Search
    Property profile & analytics

    434 Canal St, South San Francisco, CA 94080

    View on Map
    • Warehouses
    • 30,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • PERFECT STAGING / Department Store
    • R B Roofing Company / Construction Company / General Contractor
    • FedEx Drop Box / Postal Service / Courier Service
    • Peninsula Color Services LLC / Auto Repair Shop
    • StoodilyDoodleyO / (Bike/Boat/Book/etc) Store / Photography Service

    Property Details for 434 Canal St

    Year built
    1990
    Property type
    Warehouses
    Property subtype
    Life science properties

    Description

    This exceptional industrial property, located at 434 North Canal Street in South San Francisco, California, 94080, offers a unique opportunity for businesses seeking flexible and adaptable space. The single-story building, constructed in 1990, boasts a total of 30,000 square feet, with 6,060 square feet currently vacant and available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 2,500 square feet to a maximum contiguous space of 3,560 square feet. The high ceilings, measuring 18 feet, provide ample vertical space for various uses, making it ideal for flex, warehouse, or research and development operations. The property features one convenient drive-in door for easy loading and unloading, and provides five parking spaces for employees and visitors. Situated in San Mateo County, this location offers excellent access to major transportation arteries, making it a strategic choice for businesses needing efficient logistics. The property's adaptable nature and prime location make it an attractive option for a variety of industrial and commercial uses. Contact us today to learn more about this exceptional opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    South San Francisco
    County
    San Mateo
    State
    California
    Longitude
    -122.416
    Latitude
    37.6523

    Comparable in this City

    • Value Estimation by Request
      36,410 SF

      90 Spruce Ave

      Distribution properties
      90 Spruce Ave, South San Francisco, CA 94080
      View Details
    • Value Estimation by Request
      2,550 SF

      432 Canal St

      Distribution properties
      432 Canal St, South San Francisco, CA 94080
      View Details
    • Value Estimation by Request
      5,400 SF

      212-218 Ryan Way

      Distribution properties
      212-218 Ryan Way, South San Francisco, CA 94080
      View Details
    • Value Estimation by Request
      34,193 SF

      255 Utah Ave

      Distribution properties
      255 Utah Ave, South San Francisco, CA 94080
      View Details
    • Value Estimation by Request
      5,100 SF

      432 Canal St

      Distribution properties
      432 Canal St, South San Francisco, CA 94080
      View Details
    • Value Estimation by Request
      5,100 SF

      432 Canal St

      Distribution properties
      432 Canal St, South San Francisco, CA 94080
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,930 SF

      Functional Industrial Building For Sale

      3,930 SF industrial building with flexible space and warehouse.
      1139 Airport Blvd, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      2,400 SF

      South San Francisco Flex Space

      2,400 SF flex space with mezzanine and drive-in door.
      121 S Maple Ave, South San Francisco, CA 94080
      View Details
    • $1,100,000
      2,720 SF

      Versatile Showroom Warehouse in Peninsula

      Functional industrial space in South San Francisco's commercial hub.
      1435 Huntington Ave, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      3,930 SF

      South San Francisco Flex Space

      3,930 SF flex space on 5,081 SF parcel.
      Airport Blvd, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      2,208 SF

      Combined Flex Space Units

      Combined flex space units with office and warehouse areas.
      451 Victory Ave, South San Francisco, CA 94080
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr
      21,040 SF

      South San Francisco Industrial Building

      36,881 SF industrial building with freight access and prime location.
      200 Shaw Rd, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      31,104 SF

      South San Francisco Warehouse Space

      Warehouse space featuring dock high doors and fire suppression system.
      490 Eccles Ave, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      19,800 SF

      South San Francisco Warehouse Space

      19,800 SF warehouse space for rent in South San Francisco.
      253 E Harris Ave, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      11,760 SF

      South San Francisco Flex Space

      11,760 SF flex space with office and warehouse areas.
      300-332 Littlefield Ave, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      10,740 SF

      Industrial Space with Secure Yard

      Industrial property featuring office space and secure yard space.
      350 Harbor Way, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      40,420 SF

      South San Francisco Warehouse Space

      40,420 SF warehouse space available for lease.
      238 Lawrence Ave, South San Francisco, CA 94080
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    434 Canal St
    South San Francisco, CA 94080
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    434 Canal St, South San Francisco, CA, 94080
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!