Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2136 Clement St San Francisco, CA 94121-2017

    • Office Properties & Spaces
    • 866 SF
    OFF-MARKET
    Last Sale
    Jul 01, 2020
    Value Estimations
    $310,000
    Show details
    Cap Rate Potential
    8.4%
    Office Properties & Spaces
    Location Intelligence
    Property ID
    US09-6139135
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Thomas LI: Allstate Insurance / Home Insurance Agency / Insurance Company

    Property Details for 2136 Clement St

    Year built
    1914
    Property size
    866 SF
    Property type
    Office Properties & Spaces
    APN
    1411 -044
    APU
    1411044

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $270,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $380,000
      6.5%
      $350,000
      7%
      $325,000

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $415,000
      Current use
      RETAIL STORES
      $440,000
      Change: +6% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Francisco
    County
    San Francisco
    State
    California
    Longitude
    -122.482
    Latitude
    37.7824
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,420
    $288,426
    $192,280
    $480,706
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $245,000
      460 SF

      700 39th Ave, Unit 201

      CONDOMINIUM OFFICES • 460 SF
      700 39th Ave, San Francisco, CA 94121-3464
      View Details
    • Value Estimation by Request
      1,360 SF

      728 La Playa St

      Office Properties & Spaces • 1,360 SF
      728 La Playa St, San Francisco, CA 94121
      View Details
    • Value Estimation
      $415,000
      844 SF

      6050 Geary Blvd Ste, Unit 201

      CONDOMINIUM OFFICES • 844 SF
      6050 Geary Blvd Ste, San Francisco, CA 94121-1991
      View Details
    • Value Estimation
      $300,000
      1,394 SF

      6050 Geary Blvd Ste, Unit 202

      CONDOMINIUM OFFICES • 1,394 SF
      6050 Geary Blvd Ste, San Francisco, CA 94121-1991
      View Details
    • Value Estimation
      $320,000
      937 SF

      700 39th Ave, Unit 203

      CONDOMINIUM OFFICES • 937 SF
      700 39th Ave, San Francisco, CA 94121-3464
      View Details
    • Value Estimation
      $230,000
      406 SF

      700 39th Ave, Unit 204

      CONDOMINIUM OFFICES • 406 SF
      700 39th Ave, San Francisco, CA 94121-3464
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,305 SF

      Geary Boulevard Retail/Office Building

      Two-story building in Central Richmond District with investment or owner-user potential.
      5515-5517 Geary Blvd, San Francisco, CA 94121
      View Details
    • $799,500
      1,875 SF

      Richmond District Commercial Building

      Two-story commercial building in the heart of the Richmond District.
      5842 Geary Blvd, San Francisco, CA 94121
      View Details
    • Contact for pricing
      1,593 SF

      Restaurant Space on Clement Street

      Second generation restaurant space in vibrant Central Richmond district.
      2435 Clement St, San Francisco, CA 94121
      View Details
    • $2,500,000

      Ocean View Multifamily Property

      Multifamily property with ocean views near Golden Gate Park.
      770 Great Hwy, San Francisco, CA 94121
      View Details
    • $3,728,000

      San Francisco Specialty Property Available

      Specialty property for sale in San Francisco, California.
      27Th St, San Francisco, CA 94121
      View Details
    • $1,950,000
      2,988 SF

      Retail Building on Geary Boulevard

      Retail property available for sale in San Francisco, CA.
      5733 Geary Blvd, San Francisco, CA 94121
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,800 SF

      Outer Richmond Office Building

      Two-story office building with basement in Outer Richmond.
      430 29Th Ave, San Francisco, CA 94121
      View Details
    • $51 SF/Yr
      553 SF

      San Francisco Office Space Available

      Office space available for lease in San Francisco, CA.
      5300-5320 Geary Blvd, San Francisco, CA 94121
      View Details
    • Contact for pricing
      900 SF

      Retail Space on Balboa Street

      900 SF retail space with excellent visibility and signage.
      3443 Balboa St, San Francisco, CA 94121
      View Details
    • New
      $3,995 /Mo

      2609 Lake St, Unit 2

      Multifamily properties
      2609 Lake St, San Francisco, CA 94121
      View Details
    • Contact for pricing
      663 SF

      Retail Space in San Francisco

      Retail space available for lease in San Francisco.
      22nd 20Th St, San Francisco, CA 94121
      View Details
    • Contact for pricing
      645 SF

      Retail Space in High-Traffic Area

      Retail space in San Francisco's sought-after neighborhood with high visibility.
      6001 California St, San Francisco, CA 94121
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2136 Clement St
    San Francisco, CA 94121-2017
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.