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Property profile & analytics
OFF-MARKET
Estimated value
$7,525,000
Office buildings
1188 Franklin St San Francisco, CA 94109-6800
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-5857692
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1973
Construction
STEEL FRAME
Total area
40,470 SF
Lot
0.41 ac (18,000 SF)
Zoning code
NC3
APN
0714 -017
UPID
US09-5857692
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
-
San Francisco Labor Council Advocacy Group
-
Intl Longshore & Warehouse Union Advocacy Group
-
ILWU PMA Benefit Funds Charitable Organization Social Service Agency
-
International Transport Federal Trucking Company
-
Dispatcher Newspaper Publishing House Newspaper & Magazine
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.53M
Owner & transaction history
Pacific Longshoremen S Memorial Ass · 2 yrs held
Pacific Longshoremen S Memorial Ass
since 2023
7 recorded transactions
Zoning & alternative use
NC3 · 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
$186 / 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
$90,427
Tax year 2024
Assessed value
$7,651,968
Assessed 2024
Previous assessed
$7,651,968
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$795,442
Assessed improvement
$6,856,526
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 Sale
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1973
Construction
STEEL FRAME
Heating
NONE
Stories
4
Bathrooms
7
Total area
40,470 SF
Lot
0.41 ac (18,000 SF)
Zoning code
NC3
APN
0714 -017
UPID
US09-5857692
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
NC3 · San Francisco, CA
Zoning NC3 · permitted uses
NC3 · 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
1973
Construction
STEEL FRAME
Heating
NONE
Stories
4
Bathrooms
7
Lot
0.41 ac
Current owner
From public records · entity-resolved
Pacific Longshoremen S Memorial Ass
Individual
Mailing address
1188 FRANKLIN ST, SAN FRANCISCO, CA 94109-6800
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2023
—
Pacific Longshoremen S Memorial Ass
—
Deed
related
$1,500,000 · Bay Commercial Bank
—
—
Longshoremens Memoral Pacific
—
Deed Of Trust
related
$250,000 · Telesis FCU
—
—
Longshor Pacific
—
Deed Of Trust
related
$1,500,000 · Pacific National Bank
—
—
Longshoremens Pacific
—
Deed Of Trust
related
$1,336,000 · Wells Fargo Bank
—
—
Longshoremens Pacific
—
Deed Of Trust
related
$250,000 · Wells Fargo Bank
—
—
Longshoremens Memoral Pacific
—
Deed Of Trust
related
$1,750,000 · Telesis FCU
—
—
Longshoremens Memorial Pacific
—
Deed Of Trust
related
$1,675,000 · Wells Fargo Bank
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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