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Property profile & analytics
FOR LEASE
Office buildings
225 Bush St San Francisco, CA 94104
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US09-5851510
For Lease
1 / 7
$1,760,000
225 Bush St, San Francisco, CA 94104
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1948
Construction
STEEL FRAME
Total area
235,350 SF
Lot
0.23 ac (9,944 SF)
Zoning code
C3O
APN
0289 -007
UPID
US09-5851510
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
-
Sense Corporate Office
-
Jam City Inc. Corporate Office
-
Curry Up Now Restaurant Take-out & Catering
-
Flynn Restaurant Group Corporate Office Business Park
-
Nature Publishing Group Publishing House
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.76M
Owner & transaction history
225 Bush Street Owners LLC · 12 yrs held
225 Bush Street Owners LLC
since 2014
7 recorded transactions
Zoning & alternative use
C3O · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$7 / 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
$1,972,718
Tax year 2024
Assessed value
$168,255,790
Assessed 2024
Previous assessed
$168,255,790
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$50,476,736
Assessed improvement
$117,779,054
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1948
Construction
STEEL FRAME
Heating
NONE
Stories
22
Rooms
261
Bathrooms
41
Total area
235,350 SF
Lot
0.23 ac (9,944 SF)
Zoning code
C3O
APN
0289 -007
UPID
US09-5851510
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
C3O · San Francisco, CAZoning C3O · permitted uses
C3O · San Francisco, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
PLANNING CODE
Building & site characteristics
From public records
Year built
1948
Construction
STEEL FRAME
Heating
NONE
Stories
22
Rooms
261
Bathrooms
41
Lot
0.23 ac
Current owner
From public records · entity-resolved
225 Bush Street Owners LLC
Entity
Mailing address
225 BUSH ST STE #353, SAN FRANCISCO, CA 94104-4225
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
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
Oct 11, 2019
—
225 Bush Street Owners LLC
—
Grant Deed
related
$350,000,000 · Deutsche Bk Ag/ny Branch
Oct 31, 2016
—
225 Bush Street Owners LLC
—
Deed
related
$235,000 · Gs Com'l R/e
May 22, 2014
—
225 Bush Street Owners LLC
225 Bush Street Holder LLC
Quit Claim Deed
related
$185,000,000 · Goldman Sachs Bk USA
May 21, 2014
—
225 Bush Street Holder LLC
225 Bush Street LLC
Quit Claim Deed
related
—
Apr 16, 2012
—
225 Bush Street LLC
Seb Investment Gmbh
Quit Claim Deed
related
—
Nov 1, 2000
—
Wxiii/225 Bush LLC
Oaic Bush Street LLC
Grant Deed
$113,000,000 · Teachers Insurance & Annuity
Apr 8, 1998
—
Oaic Bush Street LLC
Pacific Resource Dev INC
Grant Deed
$80,000,000 · Salomon Brothers Realty Ttee
Oct 4, 1994
—
Resources Development Pacific
Chevron Corp
Deed Of Trust
related
$12,000,000 · Shanghai Commercial Bank Ltd
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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