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Property profile & analytics
OFF-MARKET
Estimated value
$4,175,000
Office buildings
2320 Sutter St San Francisco, CA 94115-3038
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US09-6161317
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1956
Construction
WOOD
Total area
14,436 SF
Lot
0.23 ac (9,997 SF)
Zoning code
NC3
APN
1051 -034
UPID
US09-6161317
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
-
Salk Robert DPM Physician
-
Dr. P. Daniel Knott, MD, FACS Physician
-
Bovey Zhu, MD Physician
-
Dr. Esther A. Kim, MD, FACS Physician Medical Clinic
-
Mendle Robert T MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.84M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.18M
Owner & transaction history
2320 Sutter LLC · 19 yrs held
2320 Sutter LLC
since 2007
7 recorded transactions
Zoning & alternative use
NC3 · 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%
$6,325,000
6.5%
$5,835,000
7%
$5,420,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,920,000
Current use
APARTMENT HOUSE (5+ UNITS)
$6,690,000
Change: -3% · Conversion: Easy
COMMERCIAL (GENERAL)
$6,420,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$4.18M
Range $3.76M – $4.59M · ±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
$289 / 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
$27,003
Tax year 2024
Assessed value
$6,061,005
Assessed 2024
Previous assessed
$6,061,005
+0.0% YoY
Effective rate
0.45%
On assessed value
Assessed land
$1,707,571
Assessed improvement
$4,353,434
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
Off-Market
Year built
1956
Construction
WOOD
Heating
NONE
Stories
3
Units
1
Rooms
61
Bathrooms
5
Total area
14,436 SF
Lot
0.23 ac (9,997 SF)
Zoning code
NC3
APN
1051 -034
UPID
US09-6161317
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
NC3 · San Francisco, CA
Zoning NC3 · permitted uses
NC3 · 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
OFFICE BUILDING Current
Est. value
$6.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.7M
COMMERCIAL (GENERAL)
Est. value
$6.4M
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
1956
Construction
WOOD
Heating
NONE
Stories
3
Units
1
Rooms
61
Bathrooms
5
Lot
0.23 ac
Current owner
From public records · entity-resolved
2320 Sutter LLC
Entity
Mailing address
2320 SUTTER ST STE #202, SAN FRANCISCO, CA 94115-3023
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2014
—
2320 Sutter LLC
—
Trustees Deed
related
$2,200,000 · Wells Fargo Bk
May 21, 2008
—
2320 Sutter LLC
—
Trustees Deed
related
$350,000 · Wells Fargo Bank
Jun 22, 2007
$2,350,000
2320 Sutter LLC
Colloff Family
Grant Deed
$2,070,000 · Wells Fargo Bank
Jan 15, 1998
—
Colloff Family LP
Colloff Trust
Quit Claim Deed
related
—
Apr 18, 1995
—
Colloff Trust
Colloff,ben
Quit Claim Deed
related
—
—
—
2320 Sutter LLC
—
Deed Of Trust
related
$3,400,000 · Bank Of America
—
—
2320 Sutter LLC
—
Deed Of Trust
related
$1,065,000 · Bay Area Emp Development
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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