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Property profile & analytics
OFF-MARKET
Estimated value
$420,000
Commercial real estate
1599 Haight St San Francisco, CA 94117-2912
Individually Owned
29-yr Hold
~
Est. High Equity
Property ID
US09-5823207
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
1904
Construction
WOOD FRAME
Total area
2,240 SF
Lot
0.09 ac (3,916 SF)
Zoning code
HAIGHT
APN
1245 -062
UPID
US09-5823207
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
-
Abu Salim Middle Eastern Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$420k
CAP Approach
CAP
$770k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$420k
Owner & transaction history
Bassem R Sirhed · 29 yrs held
Bassem R Sirhed
since 1997
7 recorded transactions
Zoning & alternative use
HAIGHT · San Francisco, CA
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
$420,000
CAP Approach
CAP Return
Estimation
6%
$835,000
6.5%
$770,000
7%
$715,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$800,000
Current use
Blend value · Realmo final
$420k
Range $378k – $462k · ±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
$188 / 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
$9,640
Tax year 2024
Assessed value
$755,564
Assessed 2024
Previous assessed
$755,564
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$377,782
Assessed improvement
$377,782
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
1904
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Rooms
14
Bathrooms
6
Total area
2,240 SF
Lot
0.09 ac (3,916 SF)
Zoning code
HAIGHT
APN
1245 -062
UPID
US09-5823207
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
HAIGHT · San Francisco, CAZoning HAIGHT · permitted uses
HAIGHT · San Francisco, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
PLANNING CODE
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$800,000
COMMERCIAL (GENERAL) Current
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
1904
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
1
Rooms
14
Bathrooms
6
Lot
0.09 ac
Current owner
From public records · entity-resolved
Bassem R Sirhed
Individual
Mailing address
PO BOX 626, BURLINGAME, CA 94011-0626
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 1997
$1,400,000
Bassem R Sirhed
Zawaideh,riad
Grant Deed
$980,000 · First Republic Bank
Apr 25, 1995
$820,000
Zawaideh,riad
Metropolitan Bank
Trustees Deed
$522,000 · Individual
Apr 25, 1995
—
Riad M Zawaideh
Zawaideh,fadwa
Quit Claim Deed
related
—
Apr 12, 1995
$264,762
Metropolitan Bank
Zawaideh,karim M
Trustees Deed
related
—
Dec 6, 1991
—
Karim Zawaideh
—
Quit Claim Deed
related
$175,000 · Regent Thrift & Loan
Feb 1, 1990
$870,000
Riad Zawaideh
Skyline Realty I
Grant Deed
$550,000 · World Savings & Loan
Sep 29, 1989
$1,146,500
Realty C Skyline
Lembi,f.&o./lemb
Grant Deed
related
—
—
—
Karim Zawaideh
—
Deed Of Trust
related
$100,000 · Continental Savings Of America
—
—
Riad Zawaideh
—
Deed Of Trust
related
$80,000 · Arikat R E Finance INC
—
—
Sirhed,tr
—
Deed Of Trust
related
$1,500,000 · Borel Private Bank & Trust 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.
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