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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Retail residential properties
1800 Noriega St San Francisco, CA 94122-4399
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6012782
Property summary
AI-generated overview
This exceptional San Francisco commercial property, located at 1800 Noriega Street, offers a unique opportunity for businesses seeking vibrant street-level space. The property consists of two ground-floor units totaling 2,800 square feet, with a minimum divisible space of 600 square feet and a maximum contiguous space of 1,200 square feet. Currently, 1,200 square feet are vacant and available for lease. The units feature concrete floors, allowing for customization, and are freshly painted with recessed lighting. A shared ADA-accessible restroom is provided. One unit is approximately 650 square feet and the other is approximately 550 square feet. The property includes existing ductwork suitable for a Type 1 hood, making it ideal for limited food and beverage uses such as cafes, coffee shops, boba tea shops, or similar concepts. The units boast excellent street frontage and visibility. Negotiable on-site parking is available in the rear. The property is situated in San Francisco County, California, zip code 94122. This is a multi-tenant building without elevators.
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1932
Construction
WOOD
Total area
2,974 SF
Lot
0.06 ac (2,478 SF)
Zoning code
NC2
APN
2024 -021
UPID
US09-6012782
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
-
Leong Dental Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$425k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$525k
Blend (final)
Blend
$605k
Owner & transaction history
Leong Dental Corporation · 2 yrs held
Leong Dental Corporation
since 2023
3 recorded transactions
Zoning & alternative use
NC2 · 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
by Request
ML approach
$425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$605k
Range $545k – $666k · ±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
$203 / 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
$25,908
Tax year 2024
Assessed value
$2,126,041
Assessed 2024
Previous assessed
$2,126,041
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$1,307,944
Assessed improvement
$818,097
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1932
Construction
WOOD
Heating
NONE
Stories
2
Units
2
Rooms
8
Bathrooms
2
Total area
2,974 SF
Lot
0.06 ac (2,478 SF)
Zoning code
NC2
APN
2024 -021
UPID
US09-6012782
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
NC2 · San Francisco, CA
Zoning NC2 · permitted uses
NC2 · 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.
Building & site characteristics
From public records
Year built
1932
Construction
WOOD
Heating
NONE
Stories
2
Units
2
Rooms
8
Bathrooms
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
Leong Dental Corporation
Entity
Mailing address
420 PENINSULA AVE, SAN MATEO, CA 94401-1653
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2023
—
Leong Dental Corporation
Lkrw LLC
Lease
$624,000 · Capital Access Group INC
Jun 13, 2018
$1,675,000
Lkrw LLC
Lui,chan C & Evelyn Y
Grant Deed
$1,000,000 · Sba Lending
Jul 21, 1993
$470,000
Chan Lui
Dere,j./dere,b./
Grant Deed
$310,000 · Seller
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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