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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Warehouses
3000 3rd St San Francisco, CA 94107-3506
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5743480
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1964
Construction
TILT-UP CONCRETE
Total area
11,098 SF
Lot
1.6 ac (69,556 SF)
Zoning code
M2
APN
4315 -013
UPID
US09-5743480
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$555k
Owner & transaction history
Third 3000 LP · 10 yrs held
Third 3000 LP
since 2016
7 recorded transactions
Zoning & alternative use
M2 · San Francisco, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$690,000
+18.5%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$585,000
Current use
MEDICAL BUILDING
$690,000
Change: +19% · Conversion: Difficult
OFFICE BUILDING
$520,000
Change: -10% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$510,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$50 / 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
$199,471
Tax year 2024
Assessed value
$16,914,076
Assessed 2024
Previous assessed
$16,914,076
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$5,078,093
Assessed improvement
$11,835,983
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Units
12
Rooms
13
Bathrooms
8
Total area
11,098 SF
Lot
1.6 ac (69,556 SF)
Zoning code
M2
APN
4315 -013
UPID
US09-5743480
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
M2 · San Francisco, CA
Zoning M2 · permitted uses
M2 · 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
WAREHOUSE, STORAGE Current
Est. value
$585,000
MEDICAL BUILDING
Est. value
$690,000
OFFICE BUILDING
Est. value
$520,000
INDUSTRIAL (GENERAL)
Est. value
$510,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
OFFICE BUILDING
INDUSTRIAL (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
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Units
12
Rooms
13
Bathrooms
8
Lot
1.6 ac
Current owner
From public records · entity-resolved
Third 3000 LP
Entity
Mailing address
211 S HL DR, BRISBANE, CA 94005-1255
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2019
—
Third 3000 LP
—
Grant Deed
related
$20,000,000 · Wells Fargo Bk
Mar 13, 2019
—
Third 3000 LP
—
Deed
related
—
Jun 2, 2016
—
Third 3000 LP
Czs Property Management LLC
Quit Claim Deed
related
—
Mar 3, 2016
—
Spencer,w D & C A 1995 Trust
Spencer W D & C 1995 Trust
Quit Claim Deed
related
—
Aug 25, 2015
—
Claire A Spencer
Spencer,william D
Affidavit Of Death
related
—
Jul 1, 1999
$3,375,000
Spencer Trust
Rot Trust
Grant Deed
$3,000,000 · Wells Fargo Bank
Oct 21, 1993
—
Lakatos,susan Trustee
Lakatos,s.
Quit Claim Deed
related
—
Oct 8, 1993
—
Uri Rot
Rot,evelyn
Quit Claim Deed
related
—
Feb 16, 1993
—
Evelyn Rot
Estate Of Josef
Grant Deed
related
—
—
—
Third 3000 LP
—
Loan Modification
related
—
—
—
Third 3000 LP
—
Deed Of Trust
related
$20,000,000 · Wells Fargo Bk
—
—
Spencer W D & C A 1995 Trust
—
Deed Of Trust
related
$3,000,000 · Wells Fargo Bank
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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