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Property profile & analytics
OFF-MARKET
Estimated value
$56,075,000
Investment properties
1800 Msn St San Francisco, CA 94103-3502
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5873771
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1914
Construction
CONCRETE
Total area
210,935 SF
Lot
1.58 ac (68,772 SF)
Zoning code
UMU
APN
3547 -001
UPID
US09-5873771
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
-
San Francisco Armory Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$72.41M
Comparable Approach
Comparable
$61.03M
Blend (final)
Blend
$56.08M
Owner & transaction history
Sf Armory Owner LLC · 8 yrs held
Sf Armory Owner LLC
since 2018
7 recorded transactions
Zoning & alternative use
UMU · San Francisco, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$80.8M
+28.0%
Industrial (general)
$63.6M
+0.7%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$78,440,000
6.5%
$72,405,000
7%
$67,235,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$63,160,000
Current use
APARTMENT HOUSE (5+ UNITS)
$80,825,000
Change: +28% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$63,595,000
Change: +1% · Conversion: Moderate
OFFICE BUILDING
$54,220,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$56.08M
Range $50.47M – $61.68M · ±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
$266 / 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
$1,065,245
Tax year 2024
Assessed value
$90,867,634
Assessed 2024
Previous assessed
$90,867,634
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$44,620,760
Assessed improvement
$46,246,874
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1914
Construction
CONCRETE
Heating
NONE
Stories
4
Total area
210,935 SF
Lot
1.58 ac (68,772 SF)
Zoning code
UMU
APN
3547 -001
UPID
US09-5873771
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
UMU · San Francisco, CA
Zoning UMU · permitted uses
UMU · 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) Current
Est. value
$63.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$80.8M
INDUSTRIAL (GENERAL)
Est. value
$63.6M
OFFICE BUILDING
Est. value
$54.2M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
OFFICE BUILDING
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
1914
Construction
CONCRETE
Heating
NONE
Stories
4
Lot
1.58 ac
Current owner
From public records · entity-resolved
Sf Armory Owner LLC
Entity
Mailing address
133 N JEFFERSON ST FL #4, CHICAGO, IL 60661-2336
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Sep 6, 2023
—
Sf Armory Owner LLC
—
Deed
related
$96,000,000 · Jpmorgan Chase Bank NA
Jan 24, 2018
$65,000,000
Sf Armory Owner LLC
Armory Studios LLC
Trustees Deed
related
$98,047,508 · Ab Com'l R/e Debt-b2 Sa Rl
Oct 4, 2016
—
Armory Studios LLC
—
Trustees Deed
related
$4,500,000 · Sterling Bk
Oct 18, 2011
—
1880 Mission Street LLC
—
Grant Deed
related
$44,500,000 · Comerica Bk
Dec 29, 2006
$14,500,000
Armory Studios LLC
Re Loans Alpha LLC
Grant Deed
$10,500,000 · Mission Armory Preservation
May 30, 2003
—
Re Loans Alpha LLC
F&f Mission Technology Center
Grant Deed
related
—
Nov 30, 2000
—
F & F Mission Technology Ctr
Armory Ltd
Trustees Deed
$15,000,000 · Re Loan Alpha LLC
Jul 11, 1996
—
Posztos Associates
State Of California
Quit Claim Deed
related
$1,000,000 · State California Dept General
—
—
Posztos Associates
—
Deed Of Trust
related
$700,000 · Stoneridge Funding
—
—
Armory Studios LLC
—
Deed Of Trust
related
$5,500,000 · Sterling Bank & Trust Fsb
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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