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

    1240 Valencia St San Francisco, CA 94110-3029

    • Office buildings
    • 8,332 SF
    • 0.27 lot acres
    OFF-MARKET
    Last Sale
    Dec 22, 2020
    $6,800,000
    Value Estimations
    $6,385,000
    Show details
    Cap Rate Potential
    2.8%
    Office buildings
    Location Intelligence
    Property ID
    US09-6147825
    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.

    Current Use by Public Records

    • Poster Wall Museum / Museum
    • Distill / General Contractor
    • Infinite Fitting / Architect

    Property Details for 1240 Valencia St

    Year built
    1919
    Construction
    WOOD
    Lot size
    0.27 lot acres
    Property size
    8,332 SF
    Zone code
    NCT1
    Property type
    Office buildings
    APN
    3644 -005
    APU
    3644005

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $6,525,000
      ML approach
      $6,870,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,952,000
      Market price range: $2.21M - $5.95M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $3,995,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    San Francisco
    County
    San Francisco
    State
    California
    Longitude
    -122.421
    Latitude
    37.7529
    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
    $655
    $6,433,212
    $1,707,760
    $8,140,972
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $150,000
      10,934 SF

      2750 19th St

      OFFICE BUILDING • 10,934 SF
      2750 19th St, San Francisco, CA 94110-2124
      View Details
    • Value Estimation
      $900,000
      37,104 SF

      3180 18th St, Unit 3198

      OFFICE BUILDING • 37,104 SF
      3180 18th St, San Francisco, CA 94110-2043
      View Details
    • Value Estimation
      $315,000
      11,064 SF

      850 Van Ness Ave

      OFFICE BUILDING • 11,064 SF
      850 Van Ness Ave, San Francisco, CA 94110-1911
      View Details
    • Value Estimation
      $330,000
      2,725 SF

      2467 Msn St, Unit 2469

      OFFICE BUILDING • 2,725 SF
      2467 Msn St, San Francisco, CA 94110-2414
      View Details
    • Value Estimation
      $745,000
      50,880 SF

      2480 Msn St

      OFFICE BUILDING • 50,880 SF
      2480 Msn St, San Francisco, CA 94110-2468
      View Details
    • Value Estimation
      $215,000
      2,945 SF

      2484 Msn St

      OFFICE BUILDING • 2,945 SF
      2484 Msn St, San Francisco, CA 94110-2415
      View Details

    Similar Nearby for Sale

    • $4,780,000
      11,980 SF

      San Francisco Office Building For Sale

      Office building available for purchase in San Francisco, CA.
      1968-1984 Mission St, San Francisco, CA 94110
      View Details
    • $1,975,000
      5,050 SF

      Flex-Industrial Building with Office Space

      Vacant flex-industrial building with second-floor office space for sale.
      3254 19Th St, San Francisco, CA 94110
      View Details
    • Contact for pricing
      3,000 SF

      San Francisco Production Studio

      Turnkey Studio, 3000 sq ft, CA
      2773 Folsom St, San Francisco, CA 94110
      View Details
    • $4,500,000
      8,355 SF

      636 Potrero Ave

      Flex space • 8,355 SF
      636 Potrero Ave, San Francisco, CA 94110
      View Details
    • $4,350,000
      4,200 SF

      Flex Office Space For Sale

      Flex office space ideal for owner-user with secured parking.
      1200 Treat Ave, San Francisco, CA 94110
      View Details
    • Contact for pricing
      3,000 SF

      Mission District Studio - For Sale

      Turnkey Production Studio, San Francisco
      2773 Folsom St, San Francisco, CA 94110
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,608 SF

      Renovated Office Building with Amenities

      Unique office building featuring a landscaped courtyard and secured parking.
      500-550 Treat Ave, San Francisco, CA 94110
      View Details
    • Contact for pricing
      2,089 SF

      South Park Full Building Opportunity

      2,089 SF office space with high ceilings and parking.
      123 S Park St, San Francisco, CA 94110
      View Details
    • $27 SF/Yr
      4,663 SF

      Mission Street Office Space Available

      Office space available for lease in San Francisco.
      2001-2017 Mission St, San Francisco, CA 94110
      View Details
    • Contact for pricing
      1,800 SF

      Mission District Versatile Office Space

      Office space in vibrant Mission District, San Francisco.
      2988-2990 Mission St, San Francisco, CA 94110
      View Details
    • $30 SF/Yr
      4,200 SF

      San Francisco Office Space Available

      Office space available for lease in San Francisco.
      3505 20Th St, San Francisco, CA 94110
      View Details
    • Contact for pricing
      1,200 SF

      Mission District Furnished Office Space

      Furnished office space in central Mission District location.
      2456-2462 Mission St, San Francisco, CA 94110
      View Details

    Property Visit Statistics

    • Visits by month
      6.8k
    • Visitors by month
      4.7k
    • Avg Time on site
      29 min
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    San Francisco, CA 94110-3029
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    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
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