Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,550,000
Office buildings
144 2nd St 154 San Francisco, CA 94105-3716
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6135472
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1908
Construction
TILT-UP CONCRETE
Total area
23,467 SF
Lot
0.12 ac (5,256 SF)
Zoning code
C3O
APN
3722 -004
UPID
US09-6135472
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
-
SmartNews SF (Bike/Boat/Book/etc) Store Corporate Office
-
John Deere Labs Corporate Office
-
connect St Helena Telecommunications Service
-
Move This Cable Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.55M
Owner & transaction history
Gcp Fund 3 LLC · 2 yrs held
Gcp Fund 3 LLC
since 2024
Last sale
$6.6M
7 recorded transactions
Zoning & alternative use
C3O · 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
Method
Estimation
Statistic approach
$6,550,000
ML approach
$6,550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$10,040,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$6.55M
Range $5.90M – $7.21M · ±10% · vs last sale $6.55M (May 31 2024)
Last sale anchor
$6.55M
May 31 2024
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
$279 / 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
$172,440
Tax year 2024
Assessed value
$14,243,379
Assessed 2024
Previous assessed
$14,243,379
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$9,565,153
Assessed improvement
$4,678,226
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
1908
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
5
Rooms
6
Bathrooms
7
Total area
23,467 SF
Lot
0.12 ac (5,256 SF)
Zoning code
C3O
APN
3722 -004
UPID
US09-6135472
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
C3O · San Francisco, CA
Zoning C3O · permitted uses
C3O · 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
COMMERCIAL (GENERAL)
Est. value
$10.0M
COMMERCIAL (GENERAL)
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
1908
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
5
Rooms
6
Bathrooms
7
Lot
0.12 ac
Current owner
From public records · entity-resolved
Gcp Fund 3 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
9450 SW GEMINI DR #80304, BEAVERTON, OR 97008-7105
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2025
—
Gcp Fund 3 LLC
—
Deed
related
$6,150,000 · Standard Insurance Co
May 31, 2024
$6,550,000
Gcp Fund 3 LLC
144 156 Second Street LP
Grant Deed
—
Jun 26, 2019
—
144/156 Second Street LP
—
Deed
related
$24,000,000 · Miscellaneous Ins Co
Nov 19, 2012
$12,285,000
144/156 Second Street LP
144 Second Associates
Grant Deed
$14,680,000 · Bank Of America
Dec 15, 2010
$4,920,000
144 Second Associates LLC
Patelco Cu
Grant Deed
—
Jun 29, 1992
—
Credit Union Patelco
Commonwealth Lan
Trustees Deed
related
—
—
—
144 Second Associates LLC
—
Deed Of Trust
related
$10,500,000 · Wells Fargo Bank
—
—
144/156 Second Street LP
—
Deed Of Trust
related
$24,000,000 · Miscellaneous Ins Co
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 144 2nd St, Unit 154?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
