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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Industrial properties
438 Shotwell St San Francisco, CA 94110-1914
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5824384
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1918
Construction
WOOD
Total area
7,350 SF
Lot
0.17 ac (7,348 SF)
Zoning code
UMU
APN
3591 -021
UPID
US09-5824384
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
-
Driver (Bike/Boat/Book/etc) Store Corporate Office
-
Capella Space Corporation Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$433k
Blend (final)
Blend
$690k
Owner & transaction history
Kff Rpp II Shotwell LLC · 11 yrs held
Kff Rpp II Shotwell LLC
since 2014
7 recorded transactions
Zoning & alternative use
UMU · 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
$690k
Range $621k – $759k · ±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
$94 / 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
$39,437
Tax year 2024
Assessed value
$3,299,190
Assessed 2024
Previous assessed
$3,299,190
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$1,979,514
Assessed improvement
$1,319,676
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
1918
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Rooms
1
Total area
7,350 SF
Lot
0.17 ac (7,348 SF)
Zoning code
UMU
APN
3591 -021
UPID
US09-5824384
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
UMU · San Francisco, CA
Zoning UMU · permitted uses
UMU · 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
1918
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Rooms
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Kff Rpp II Shotwell LLC
Entity
Mailing address
55 2ND ST STE #1900, SAN FRANCISCO, CA 94105-3497
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2023
—
Kff Rpp II Shotwell LLC
—
Deed
related
$23,114,000 · Western Alliance Bank
Sep 29, 2017
—
Kff Rpp II Shotwell LLC
—
Deed
related
$16,659,500 · East West Bk
Sep 3, 2014
$14,000,000
Kff Rpp II Shotwell LLC
Mengarelli R & J Trust
Grant Deed
$12,821,000 · Technology FCU
Sep 4, 2003
$849,000
Mengarelli,tr
Murillo,arthur Est
Grant Deed
$636,750 · First National Bank
Sep 30, 1999
$300,000
Arthur Murillo
Thoma,robert A & Judith
Grant Deed
$350,000 · Secured Asset Mgmt Co
Dec 31, 1996
$342,480
Robert A Thoma
Melbourn Trust
Trustees Deed
—
Mar 25, 1996
—
Melbourn Trust
Bird,elizabeth A
Quit Claim Deed
related
$50,000 · Individual
Sep 20, 1993
$390,000
Foster,robert Trustee
Thoma,r.&j.
Grant Deed
$330,000 · Seller
—
—
Kff Rpp II Shotwell LLC
—
Deed Of Trust
related
$16,659,500 · East West Bk
—
—
Helbourn Trust
—
Deed Of Trust
related
$45,435 · Individual
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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