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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Banks
1233 Castro St 1235 San Francisco, CA 94114-3231
Individually Owned
Absentee Owner
Free & Clear
Property ID
US09-5870081
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1929
Construction
WOOD
Total area
7,344 SF
Lot
0.11 ac (4,891 SF)
Zoning code
24NOE
APN
3656 -044
UPID
US09-5870081
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$513k
Blend (final)
Blend
$525k
Owner & transaction history
BANK AMERICA NA
BANK AMERICA NA
Zoning & alternative use
24NOE · San Francisco, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$840,000
+87.8%
Office building
$830,000
+86.0%
Apartment house (5+ units)
$640,000
+43.1%
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
Method
Estimation
Statistic approach
by Request
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$445,000
Current use
COMMERCIAL (GENERAL)
$840,000
Change: +88% · Conversion: Difficult
OFFICE BUILDING
$830,000
Change: +86% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$640,000
Change: +43% · Conversion: Difficult
MEDICAL BUILDING
$460,000
Change: +2% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$395,000
Change: -11% · Conversion: Difficult
WAREHOUSE, STORAGE
$385,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$525k
Range $473k – $578k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$71 / 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
$51,811
Tax year 2024
Assessed value
$3,984,700
Assessed 2024
Previous assessed
$3,984,700
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$1,536,979
Assessed improvement
$2,447,721
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1929
Construction
WOOD
Heating
NONE
Stories
2
Units
5
Rooms
25
Bathrooms
10
Total area
7,344 SF
Lot
0.11 ac (4,891 SF)
Zoning code
24NOE
APN
3656 -044
UPID
US09-5870081
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
24NOE · San Francisco, CA
Zoning 24NOE · permitted uses
24NOE · 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.
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$445,000
COMMERCIAL (GENERAL)
Est. value
$840,000
OFFICE BUILDING
Est. value
$830,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$640,000
MEDICAL BUILDING
Est. value
$460,000
INDUSTRIAL (GENERAL)
Est. value
$395,000
WAREHOUSE, STORAGE
Est. value
$385,000
FINANCIAL BUILDING Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1929
Construction
WOOD
Heating
NONE
Stories
2
Units
5
Rooms
25
Bathrooms
10
Lot
0.11 ac
Current owner
From public records · entity-resolved
BANK AMERICA NA
Individual
Free & Clear · 0 yrs held
Mailing address
101 N TRYON ST, CHARLOTTE, NC 28246-0100
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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