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Property profile & analytics
FOR SALE
Industrial properties

1401 Illinois St San Francisco, CA 94107

0.62 ac lot Built 1947
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-5798271
Property summary
AI-generated overview

This exceptional San Francisco investment opportunity presents two parcels totaling 80,000 square feet of land, ideally situated in the burgeoning Dogpatch neighborhood at the corner of Illinois Street and 24th Street. The property comprises a vacant industrial complex with a mix of warehouse and office space, offering significant value-add potential. Parcel 1 features a 6,194 square foot warehouse building on approximately 43,500 square feet of land. Parcel 2 encompasses three warehouse buildings and associated office space, totaling approximately 30,701 square feet, situated on roughly 36,500 square feet of land. The complex boasts ample drive-in and dock-high loading doors, providing convenient access for various uses. Secured parking and yard space are also included, catering to a range of owner-users and investors. The property is zoned PDR-1-G and is offered at $38,000,000, with a land value of $475 per square foot. Its prime location, directly adjacent to the I-280 on-ramp, offers unparalleled access to major transportation arteries. The multi-tenant capability allows for flexibility in occupancy, whether by a single user or multiple tenants. This rare opportunity allows for immediate occupancy and the potential to increase rental income through renovations.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1947
Construction TYPE NOT SPECIFIED
Lot 0.62 ac (26,998 SF)
Zoning code M2
APN 4244 -003
UPID US09-5798271
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
  • Abc Rugs Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
1401 Illinois LLC · 8 yrs held
1401 Illinois LLC
since 2018
1 recorded transaction
2018
$23.4M
Zoning & alternative use
M2 · San Francisco, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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