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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Manufacturing properties
241 Harris Ave South San Francisco, CA 94080-6807
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2094467
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PROCESSING
Year built
1964
Total area
1,300 SF
Lot
0.71 ac (31,017 SF)
Zoning code
MH00M2
APN
015-134-170
UPID
US09-2094467
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
$425k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$631k
Blend (final)
Blend
$510k
Owner & transaction history
Alfa Harris LLC · 4 yrs held
Alfa Harris LLC
since 2021
Last sale
$500,000
7 recorded transactions
Zoning & alternative use
MH00M2 · South San Francisco, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$835,000
+96.0%
Neighborhood: shopping center
$700,000
+64.9%
Retail stores
$660,000
+55.4%
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 South San Francisco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South 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
$495,000
ML approach
$425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$425,000
Current use
OFFICE BUILDING
$835,000
Change: +96% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$700,000
Change: +65% · Conversion: Difficult
RETAIL STORES
$660,000
Change: +55% · Conversion: Moderate
COMMERCIAL (GENERAL)
$600,000
Change: +41% · Conversion: Difficult
AUTO REPAIR, GARAGE
$590,000
Change: +39% · Conversion: Easy
WAREHOUSE, STORAGE
$560,000
Change: +31% · Conversion: Easy
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $500k (Jan 23 2020)
Last sale anchor
$500k
Jan 23 2020
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
$392 / 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
$26,510
Tax year 2024
Assessed value
$2,293,314
Assessed 2024
Previous assessed
$2,293,314
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$1,730,973
Assessed improvement
$562,341
Applied tax rate
13.0000
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
Manufacturing properties
Use group
FOOD PROCESSING
Status
Off-Market
Year built
1964
Heating
NONE
Total area
1,300 SF
Lot
0.71 ac (31,017 SF)
Zoning code
MH00M2
APN
015-134-170
UPID
US09-2094467
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
MH00M2 · South San Francisco, CAZoning MH00M2 · permitted uses
MH00M2 · South San Francisco, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$425,000
OFFICE BUILDING
Est. value
$835,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$700,000
RETAIL STORES
Est. value
$660,000
COMMERCIAL (GENERAL)
Est. value
$600,000
AUTO REPAIR, GARAGE
Est. value
$590,000
WAREHOUSE, STORAGE
Est. value
$560,000
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1964
Heating
NONE
Lot
0.71 ac
Current owner
From public records · entity-resolved
Alfa Harris LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1702 NORA LN, PETALUMA, CA 94954-7428
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Aug 12, 2021
—
Alfa Harris LLC
Ruth Noah Giusto
Lease
—
Jan 23, 2020
$500,000
Keith S Giusto
Giusto F & K 1996 F/tr
Grant Deed
related
$1,000,000 · Bank Of The West
Jan 15, 2020
—
Giusto,f & K 1996 Fam Trust
Giusto F & K 1996 F/tr
Correction Deed
related
—
Aug 13, 2019
—
Giusto,f & K 1996 F Trust
Giusto F & K 1996 F/tr
Quit Claim Deed
related
—
Jun 27, 2019
—
Giusto,f & K 1996 F Trust
Giusto,fred F
Affidavit Of Death
related
—
Jan 12, 2016
—
Giusto 1993e Family Trust
Giusto 1993 Family Trust
Quit Claim Deed
related
—
Nov 19, 2015
—
Giusto 1993 Family Trust
Giusto 1993 Family Trust
Affidavit Of Death
related
—
Jun 11, 1997
—
Giusto Trust
Giusto,fred F & Kathleen R
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.
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