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Property profile & analytics
OFF-MARKET
Estimated value
$2,065,000
Office Spaces
3450 3rd St Ste 1c San Francisco, CA 94124-1444
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5796775
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1987
Construction
WOOD
Total area
10,722 SF
Zoning code
M2
APN
5211 -030
UPID
US09-5796775
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
-
Reliant | Rebuild • Repair • Restore Auto Repair Shop
-
Bayview Child Health Center Pediatrician Medical Clinic
-
Homeless Children's Network Social Service Agency Charitable Organization
-
Dane Burgess Strength and Conditioning Gym & Fitness Center
-
WRENCH ARMY Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.84M
Blend (final)
Blend
$2.07M
Owner & transaction history
Mindful Investments LP · 15 yrs held
Mindful Investments LP
since 2011
7 recorded transactions
Zoning & alternative use
M2 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.07M
Range $1.86M – $2.27M · ±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
$193 / 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
$15,135
Tax year 2024
Assessed value
$1,224,646
Assessed 2024
Previous assessed
$1,224,646
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$612,323
Assessed improvement
$612,323
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Rooms
3
Bathrooms
1
Total area
10,722 SF
Zoning code
M2
APN
5211 -030
UPID
US09-5796775
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.
Building & site characteristics
From public records
Year built
1987
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Rooms
3
Bathrooms
1
Current owner
From public records · entity-resolved
Mindful Investments LP
Entity
Mailing address
827 DE HARO ST, SAN FRANCISCO, CA 94107-2705
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2011
$975,000
Mindful Investments LP
Moejoe Properties LLC
Grant Deed
—
Sep 17, 2008
$1,040,000
Moe Joe Properties LLC
Commons Trust
Grant Deed
$780,000 · Commons Trust
Sep 17, 2008
$42,000
Suzanne Commons
Commons Trust
Grant Deed
related
—
Jan 4, 2008
$800,000
Commons Trust
Union Home Loan INC
Trustees Deed
—
Jan 5, 2000
—
Brown Trust
Brown,robert C
Quit Claim Deed
related
—
Dec 30, 1993
$425,000
Foster Service Agency Corp
Continental Savi
Grant Deed
$385,000 · Continental Savings Of America
Jan 14, 1993
—
Continental Savings Of America
Real Estate Secu
Trustees Deed
related
—
Apr 11, 1989
$509,000
A. Baramuli
Continental Savi
Grant Deed
$458,000 · Continental Savings Of America
—
—
Souourner Truth Foster Family
—
Deed Of Trust
related
$80,000 · City & Co Of San Francisco
—
—
Mindful Investments LP
—
Deed Of Trust
related
$1,430,000 · First Nat'l Bk/nthrn Ca
—
—
Sojourner Trust Foster Family
—
Deed Of Trust
related
$750,000 · Union Home Loan INC
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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