Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    113 Hickey Blvd South San Francisco, CA 94080

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    113 Hickey Blvd South San Francisco, CA 94080

    View on Map
    • Super regional malls
    • 24,309 SF
    • 2.49 lot acres
    For Lease
    $6,830,000
    View Listing →
    Retail Space Near Grocery Outlet For Lease
    $6,830,000
    1,778 SF

    Retail Space Near Grocery Outlet

    Retail space located near a popular discount grocery store.

    113 Hickey Blvd, South San Francisco, CA
    View Listing
    Property ID
    US09-1322775
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Winston Liquor Store / (Bike/Boat/Book/etc) Store / Wine and Liquor Store

    Property Details for 113 Hickey Blvd

    Year built
    1955
    Lot size
    2.49 lot acres
    Property size
    24,309 SF
    Zone code
    CL00C1
    Property type
    Super regional malls
    Property subtype
    Shopping centers
    APN
    010-173-020
    APU
    10173020

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $8,685,000
      6.5%
      $8,020,000
      7%
      $7,445,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $11,235,000
      AUTO REPAIR, GARAGE
      $11,045,000

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

    Location Insight

    • Map
    • Local Demand
    City
    South San Francisco
    County
    San Mateo
    State
    California
    Longitude
    -122.452
    Latitude
    37.6657
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $199,223
    $7,652,716
    $4,026,288
    $11,679,004
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1.55 Acres

      1170 Msn Rd

      REGIONAL SHOPPING CENTER, MALL • 1.55 Acres
      1170 Msn Rd, South San Francisco, CA 94080-1303
      View Details
    • Value Estimation by Request
      0.41 Acres

      141 Hickey Blvd

      REGIONAL SHOPPING CENTER, MALL • 0.41 Acres
      141 Hickey Blvd, South San Francisco, CA 94080-1145
      View Details
    • Value Estimation by Request
      1.53 Acres

      133 Southwood Ctr

      REGIONAL SHOPPING CENTER, MALL • 1.53 Acres
      133 Southwood Ctr, South San Francisco, CA 94080-4256
      View Details
    • Value Estimation by Request
      1.62 Acres

      150 El Camino Realb

      REGIONAL SHOPPING CENTER, MALL • 1.62 Acres
      150 El Camino Realb, South San Francisco, CA 94080-5925
      View Details
    • Value Estimation by Request
      0.54 Acres

      205 Kenwood Way

      REGIONAL SHOPPING CENTER, MALL • 0.54 Acres
      205 Kenwood Way, South San Francisco, CA 94080-5737
      View Details
    • Value Estimation
      $1,150,000
      7,650 SF

      945 El Camino Real

      REGIONAL SHOPPING CENTER, MALL • 7,650 SF
      945 El Camino Real, South San Francisco, CA 94080-3203
      View Details

    Similar Nearby for Sale

    • $1,298,000
      1,584 SF

      Mixed-Use Property with Restaurant

      Mixed-use property with a long-standing restaurant and residential unit.
      231 Lux Ave, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      2,760 SF

      Mixed-Use Property in Downtown South

      Mixed-use property in a thriving downtown location with high visibility.
      20 Linden Ave, South San Francisco, CA 94080
      View Details
    • $848,000
      848 SF

      Retail Space Below Luxury Condos

      Retail spaces available below newly constructed luxury residential condos.
      889 Mc Lellan Dr, 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
    • $2,595,000
      7,603 SF

      Retail/Warehouse/Development Opportunity in South San Francisco

      Retail/warehouse property with development potential near Grand Ave.
      305 Airport Blvd, South San Francisco, CA 94080
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,628 SF

      Retail Space in South San Francisco

      Retail space in well-located neighborhood center with highway access.
      128 Brentwood Dr, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      4,893 SF

      Corner Retail and Cafe Space

      Retail and cafe spaces available in South San Francisco.
      200 Linden Ave, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      5,124 SF

      Commercial Building Near SFO Airport

      5,124 SF commercial building with parking near SFO.
      400 S Airport Blvd, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      3,750 SF

      Retail Space Near CalTrain

      Retail space with signage and highway access near CalTrain.
      501 S Airport Blvd, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      1,166 SF

      Retail Space on Grand Avenue

      Retail space available for lease in South San Francisco.
      419 Grand Ave, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      3,000 SF

      Downtown Restaurant and Retail Space

      Restaurant and retail spaces available in downtown location.
      348 Grand Ave, South San Francisco, CA 94080
      View Details
    View Listing
    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.
    113 Hickey Blvd
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!