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Property profile & analytics
FOR LEASE
Industrial properties
198 Utah St San Francisco, CA 94103
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6166952
For Lease
1 / 2
$1,295,000
198 Utah St, San Francisco, CA 94103
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1933
Construction
TILT-UP CONCRETE
Total area
6,226 SF
Lot
0.09 ac (3,767 SF)
Zoning code
PDR1D
APN
3919 -005
UPID
US09-6166952
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.63M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.30M
Owner & transaction history
Dc Utah Sub LLC · 6 yrs held
Dc Utah Sub LLC
since 2020
7 recorded transactions
Zoning & alternative use
PDR1D · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,765,000
6.5%
$1,630,000
7%
$1,515,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,875,000
Current use
COMMERCIAL (GENERAL)
$1,865,000
Change: -1% · Conversion: Difficult
OFFICE BUILDING
$1,600,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$1.30M
Range $1.17M – $1.42M · ±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
$208 / 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
$50,247
Tax year 2024
Assessed value
$4,221,952
Assessed 2024
Previous assessed
$4,221,952
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$2,787,724
Assessed improvement
$1,434,228
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1933
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Rooms
1
Bathrooms
1
Total area
6,226 SF
Lot
0.09 ac (3,767 SF)
Zoning code
PDR1D
APN
3919 -005
UPID
US09-6166952
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
PDR1D · San Francisco, CA
Zoning PDR1D · permitted uses
PDR1D · 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
INDUSTRIAL (GENERAL) Current
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.6M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (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
1933
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Rooms
1
Bathrooms
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Dc Utah Sub LLC
Entity
Free & Clear · 6 yrs held
Mailing address
1801 CENTURY PARK E, LOS ANGELES, CA 90067-2302
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Mar 12, 2021
—
Dc Utah Sub LLC
—
Deed
related
$52,250,000 · Fs Creit 198 Utah LLC
Mar 5, 2020
$36,000,000
Dc Utah Sub LLC
Mcglennon M & M 2014 Trust
Grant Deed
—
Mar 23, 2018
—
Mcglennon,brian T Trust
Mcglennon,brian
Quit Claim Deed
related
—
Jul 21, 2014
—
Mcglennon,m & M 2014 Trust
Mcglennon,michael
Quit Claim Deed
related
—
Feb 5, 2014
—
Mcglennon,p W & S M Trust
Mcglennon,patrick & Susan M
Quit Claim Deed
related
—
Sep 4, 2013
—
Glanville,maureen Trust
Glanville,maureen
Quit Claim Deed
related
—
May 31, 2005
—
Maureen Glanville
Mcglennon Richard J Trust
Grant Deed
related
—
May 26, 1993
—
Mcglennon,richard Trustee
Mcglennon,richar
Quit Claim Deed
related
—
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?”
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