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
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    250 Grand Ave, Unit 270 South San Francisco, CA 94080-4824

    • Office buildings
    • 177,938 SF
    • 2.04 lot acres
    OFF-MARKET
    Value Estimations
    $30,335,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-5242036
    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

    • Compugen USA Inc / Corporate Office
    • Septerna / Factory / Production Facility
    • Randy Garage Door's Repair Service / Hardware & Home Improvement / General Contractor
    • South City Hair / Hair Salon
    • Bay Area Bioscience Center / Factory / Production Facility

    Property Details for 250 Grand Ave

    Year built
    1989
    Lot size
    2.04 lot acres
    Property size
    177,938 SF
    Property type
    Office buildings
    APN
    015-042-250
    APU
    15042250

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    South San Francisco
    County
    San Mateo
    State
    California
    Longitude
    -122.397
    Latitude
    37.6526
    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
    $199,512
    $11,435,648
    $6,289,450
    $17,725,098
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.94 Acres

      801 Gtwy Blvd, Unit 899

      OFFICE BUILDING (MULTI-STORY) • 0.94 Acres
      801 Gtwy Blvd, South San Francisco, CA 94080-7401
      View Details
    • Value Estimation by Request
      3.44 Acres

      401 Grand Ave

      OFFICE BUILDING (MULTI-STORY) • 3.44 Acres
      401 Grand Ave, South San Francisco, CA 94080-3635
      View Details
    • Value Estimation by Request
      0.13 Acres

      262 Grand Ave

      OFFICE BUILDING (MULTI-STORY) • 0.13 Acres
      262 Grand Ave, South San Francisco, CA 94080-3707
      View Details
    • Value Estimation by Request
      0.11 Acres

      1045 Airport Blvd

      OFFICE BUILDING (MULTI-STORY) • 0.11 Acres
      1045 Airport Blvd, South San Francisco, CA 94080-1811
      View Details
    • Value Estimation
      $7,710,000
      280,354 SF

      611 Gtwy Blvd

      OFFICE BUILDING (MULTI-STORY) • 280,354 SF
      611 Gtwy Blvd, South San Francisco, CA 94080-7017
      View Details
    • Value Estimation by Request
      163,257 SF

      259 Grand Ave

      OFFICE BUILDING (MULTI-STORY) • 163,257 SF
      259 Grand Ave, South San Francisco, CA 94080-4804
      View Details

    Similar Nearby for Sale

    • $1,699,000
      3,010 SF

      Freestanding Office Building For Sale

      Freestanding office building in South San Francisco, delivered vacant.
      161 El Camino Real, South San Francisco, CA 94080
      View Details
    • $1,799,000
      2,760 SF

      Downtown South San Francisco Office Building

      Net-leased office, high visibility location.
      20 Linden Ave, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      3,224 SF

      South San Francisco Office Suite

      Office suite featuring reception area, conference rooms, and private offices.
      1435 Huntington Ave, South San Francisco, CA 94080
      View Details
    • $1,595,000

      South San Francisco Specialty Property

      Specialty property available for sale in South San Francisco.
      573 Miller Ave, South San Francisco, CA 94080
      View Details
    • $1,250,000
      2,400 SF

      South San Francisco Flex Space

      2,400 SF flex space with mezzanine and drive-in door.
      121 S Maple Ave, South San Francisco, CA 94080
      View Details
    • $3,000,000
      11,010 SF

      Mission Road Commercial Portfolio

      High-Yield Colma Investment Opportunity
      17251733 Msn Rd, Colma, CA 94080
      View Details

    Similar Nearby for Lease

    • $7 SF/Yr
      30,000 SF

      Oyster Point Office Suites

      Premium South San Francisco Offices
      611 Gateway Blvd, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      18,772 SF

      South San Francisco Warehouse/Office Space

      Warehouse and office space available for lease in South San Francisco.
      415 E Grand Ave, South San Francisco, CA 94080
      View Details
    • $35 SF/Yr
      1,590 SF

      South San Francisco Office Space

      Office space available for lease in South San Francisco.
      201 Grand Ave, South San Francisco, CA 94080
      View Details
    • $2 SF/Yr
      1,694 SF

      South San Francisco Office Space

      Office space near transportation and airport in South San Francisco.
      220 S Spruce Ave, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      40,000 SF

      Bayfront Office Space Available

      Office space with bay views, restaurant, and fitness center.
      400 Oyster Point Blvd, South San Francisco, CA 94080
      View Details
    • $3,350,000
      7,200 SF

      South San Francisco Flex Space

      7,200 SF flex space with office, storage, and bay views.
      390 Swift Ave, South San Francisco, CA 94080
      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.
    250 Grand Ave, Unit 270
    South San Francisco, CA 94080-4824
    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.