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Property profile & analytics
OFF-MARKET
Estimated value
$990,000
Office buildings
235 Capitol Ave San Francisco, CA 94112-2930
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5789008
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1937
Construction
WOOD FRAME
Total area
3,471 SF
Lot
0.1 ac (4,250 SF)
Zoning code
NC1
APN
7114 -002
UPID
US09-5789008
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
-
Humanize Design UI UX design Studio Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.02M
CAP Approach
CAP
$1.23M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$990k
Owner & transaction history
Ramsey Outdoor LLC · 2 yrs held
Ramsey Outdoor LLC
since 2023
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
NC1 · 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
$930,000
ML approach
$1,015,000
CAP Approach
CAP Return
Estimation
6%
$1,325,000
6.5%
$1,225,000
7%
$1,135,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,355,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$990k
Range $891k – $1.09M · ±10% · vs last sale $1.01M (Nov 13 2023)
Last sale anchor
$1.01M
Nov 13 2023
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
$285 / 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
$12,641
Tax year 2024
Assessed value
$1,011,729
Assessed 2024
Previous assessed
$1,011,729
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$731,229
Assessed improvement
$280,500
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
1937
Construction
WOOD FRAME
Heating
NONE
Stories
1
Rooms
7
Bathrooms
2
Total area
3,471 SF
Lot
0.1 ac (4,250 SF)
Zoning code
NC1
APN
7114 -002
UPID
US09-5789008
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
NC1 · San Francisco, CA
Zoning NC1 · permitted uses
NC1 · 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
RETAIL STORES
Est. value
$1.4M
RETAIL STORES
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
1937
Construction
WOOD FRAME
Heating
NONE
Stories
1
Rooms
7
Bathrooms
2
Lot
0.1 ac
Current owner
From public records · entity-resolved
Ramsey Outdoor LLC
Entity
Mailing address
423 7TH ST UNIT #912, OAKLAND, CA 94607-6599
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2023
$1,010,000
Ramsey Outdoor LLC
Seosamn O'briain
Grant Deed
$474,400 · Jpmorgan Chase Bank NA
May 16, 2008
$560,000
Seosamn O'briain
Merritt,rosalind D
Grant Deed
$504,000 · Heritage Bank Of Commerce
Jul 13, 2007
$450,000
Rosalind D Merritt
Mcgriff,leamond
Grant Deed
—
Dec 14, 1999
—
Leamond C Mcgriff
Mcgriff,joyce M
Quit Claim Deed
related
—
Dec 14, 1999
$239,000
Mcgriff,leamond
William J Britton Estate
Trustees Deed
$110,000 · Seller
Sep 8, 1995
$62,083
William J Britton Estate
Hollier,george & Jessie D
Trustees Deed
—
Aug 2, 1995
—
Merritt,russell L & Doris I
Hollier,jessie D
Trustees Deed
related
—
Aug 1, 1995
—
Russell L Merritt
Hollier,jessie D
Grant Deed
related
—
—
—
Hollier George
—
Deed Of Trust
related
$70,000 · Individual
—
—
Seosamh O'briain
—
Deed Of Trust
related
$135,000 · Moriarty Family Trust (pt)
—
—
Seosamh O'briain
—
Deed Of Trust
related
$375,000 · Ott Family LP
—
—
Leamond Mcgriff
—
Deed Of Trust
related
$259,000 · William R & Ella T Gray
—
—
Leomond Mcgriff
—
Deed Of Trust
related
$20,000 · W J Britton & Co
—
—
Hollier George
—
Deed Of Trust
related
$45,000 · Individual
—
—
Leamond Mcgriff
—
Deed Of Trust
related
$7,000 · William J Britton Estate
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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