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Property profile & analytics
OFF-MARKET
Estimated value
$2,020,000
Industrial properties
3166 23rd St 3170 San Francisco, CA 94110-3335
Entity Owned
~
Est. High Equity
Property ID
US09-5778224
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1900
Construction
TILT-UP CONCRETE
Total area
7,600 SF
Lot
0.13 ac (5,880 SF)
Zoning code
RH3
APN
3638 -022
UPID
US09-5778224
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
$1.40M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.02M
Owner & transaction history
3170 23rd Street LLC
3170 23rd Street LLC
since 2025
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
RH3 · San Francisco, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.0M
+24.9%
Commercial (general)
$2.7M
+16.0%
Apartment house (5+ units)
$2.6M
+10.4%
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 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%
$1,515,000
6.5%
$1,400,000
7%
$1,300,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,365,000
Current use
RETAIL STORES
$2,955,000
Change: +25% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,745,000
Change: +16% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,610,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$2.02M
Range $1.82M – $2.22M · ±10% · vs last sale $2.55M (Dec 12 2025)
Last sale anchor
$2.55M
Dec 12 2025
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
$266 / 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
$655
Tax year 2024
Assessed value
$2,151,363
Assessed 2024
Previous assessed
$2,151,363
+0.0% YoY
Effective rate
0.03%
On assessed value
Assessed land
$1,721,093
Assessed improvement
$430,270
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1900
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Units
3
Rooms
5
Bathrooms
2
Total area
7,600 SF
Lot
0.13 ac (5,880 SF)
Zoning code
RH3
APN
3638 -022
UPID
US09-5778224
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
RH3 · San Francisco, CA
Zoning RH3 · permitted uses
RH3 · 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
INDUSTRIAL (GENERAL) Current
Est. value
$2.4M
RETAIL STORES
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.6M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1900
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Units
3
Rooms
5
Bathrooms
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
3170 23rd Street LLC
Entity
Mailing address
3166 23RD ST, SAN FRANCISCO, CA 94110-3335
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2026
—
3170 23rd Street LLC
—
Deed
related
$1,785,000 · Golden 1 Credit Union
Dec 12, 2025
$2,550,000
3170 23rd Street LLC
Shanti Project
Grant Deed
—
Apr 29, 2021
—
Shanti Project
—
Deed
related
$500,000 · Heritage Bank Of Commerce
Dec 11, 2015
—
Shanti Project
Shanti Project
Quit Claim Deed
related
$1,135,000 · United American Bk
Dec 29, 2009
$1,700,000
Pets Are Wonderful Support
Dawson,paul
Grant Deed
$925,000 · United American Bank
Feb 8, 2008
$1,150,000
Paul Dawson
Nissim,tammie C
Grant Deed
$750,000 · United American Bank
Aug 11, 2005
—
Tammie C Nissim
Nissim,raphael
Quit Claim Deed
related
$600,000 · Baymark Financial
—
—
Raphael Nissim
—
Deed Of Trust
related
$500,000 · American Contractors Indemnity
—
—
Paul Dawson
—
Deed Of Trust
related
$250,000 · United American Bank
—
—
Paul Dawson
—
Deed Of Trust
related
$500,000 · Acm Investors Services INC
—
—
Raphael Nissim
—
Deed Of Trust
related
$1,400,000 · Delta Property Management Co
—
—
Raphael Nissim
—
Deed Of Trust
related
$150,000 · Foreman Brasso
—
—
Raphael Nissim
—
Deed Of Trust
related
$50,000 · Individual
—
—
Raphael Nissim
—
Deed Of Trust
related
$280,000 · Metro Commerce Bank NA
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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