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Property profile & analytics
FOR LEASE
Banks
1 Montgomery St San Francisco, CA 94104
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6050006
For Lease
1 / 4
$21,900,000
1 Montgomery St, San Francisco, CA 94104
View Listing →
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1908
Construction
STEEL FRAME
Total area
30,470 SF
Lot
0.28 ac (12,000 SF)
Zoning code
C3O
APN
0292 -002
UPID
US09-6050006
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Aguilar Law Offices Law Firm Insurance Agency
-
Lisa and Douglas Goldman Fund Charitable Organization
-
Redfin | San Francisco Real Estate Agents Real Estate Agency
-
Robbins Geller Rudman & Dowd LLP Law Firm
-
Electric Vehicle Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$21.90M
Owner & transaction history
1 Montgomery LLC · 1 yrs held
1 Montgomery LLC
since 2025
Last sale
$22.5M
7 recorded transactions
Zoning & alternative use
C3O · San Francisco, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs San Francisco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Francisco submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$719 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$583,654
Tax year 2024
Assessed value
$49,455,318
Assessed 2024
Previous assessed
$49,455,318
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$34,618,723
Assessed improvement
$14,836,595
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Banks
Use group
FINANCIAL BUILDING
Status
For Lease
Year built
1908
Construction
STEEL FRAME
Heating
NONE
Stories
2
Rooms
72
Bathrooms
32
Total area
30,470 SF
Lot
0.28 ac (12,000 SF)
Zoning code
C3O
APN
0292 -002
UPID
US09-6050006
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
C3O · San Francisco, CA
Zoning C3O · permitted uses
C3O · San Francisco, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Francisco. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1908
Construction
STEEL FRAME
Heating
NONE
Stories
2
Rooms
72
Bathrooms
32
Lot
0.28 ac
Current owner
From public records · entity-resolved
1 Montgomery LLC
Entity
Free & Clear · 1 yrs held
Mailing address
350 PARK AVE, NEW YORK, NY 10022-6022
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2025
$22,500,000
1 Montgomery LLC
One Montgomery Property Owner LLC
Grant Deed
—
Dec 13, 2022
$57,130,402
One Montgomery Property Owner LLC
Redco Montgomery Owner LLC
Deed In Lieu Of Foreclosure
related
$44,000,000 · Texas Capital Bank NA
Jul 2, 2019
$82,000,000
Redco Montgomery Owner LLC
One Montgomery Owner LLC
Trustees Deed
$65,112,125 · Sm Finance II LLC
Aug 19, 2011
$48,000,000
One Montgomery Owner LLC
Westcore Montgomery LLC
Grant Deed
$31,550,000 · Ubs Real Estate Securities INC
Mar 26, 2008
$42,750,000
Westcore Montgomery LLC
First States Investors 233 LLC
Grant Deed
$36,000,000 · Wells Fargo Bank
Apr 8, 2005
—
First States Investors 233 LLC
One Montgomery Street LLC
Grant Deed
related
—
May 24, 2001
—
One Montgomery Street LLC
L & B Montgomery INC
Grant Deed
$19,000,000 · Credit Suisse First Boston Mtg
Aug 2, 1989
—
L Montgomery
Montgomery-sutte
Quit Claim Deed
related
—
Aug 1, 1989
—
L Montgomery
Montgomery-sutte
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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