Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    488 Presidio Ave San Francisco, CA 94115-2004
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    488 Presidio Ave San Francisco, CA 94115-2004

    View on Map
    • Motels
    • 25,448 SF
    • 0.27 lot acres
    Off-Market
    Property ID
    US09-5758609
    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.
    Value Estimations
    $1,815,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Motels

    Property Details for 488 Presidio Ave

    Year built
    1962
    Construction
    CONCRETE
    Lot size
    0.27 lot acres
    Property size
    25,448 SF
    Zone code
    NC2
    Property type
    Motels
    APN
    1022 -026
    APU
    1022026

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,720,000
      6.5%
      $2,510,000
      7%
      $2,330,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,855,000
      Market price range: $624k - $1.86M

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

    Location Insight

    • Map
    • Local Demand
    City
    San Francisco
    County
    San Francisco
    State
    California
    Longitude
    -122.447
    Latitude
    37.7876
    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
    $174,488
    $10,508,169
    $4,179,592
    $14,687,761
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,050,000
      17,729 SF

      1625 Post St

      HOTEL • 17,729 SF
      1625 Post St, San Francisco, CA 94115-3603
      View Details
    • Value Estimation by Request
      5,870 SF

      600 Presidio Ave

      HOTEL • 5,870 SF
      600 Presidio Ave, San Francisco, CA 94115-2425
      View Details
    • Value Estimation
      $655,000
      0.71 Acres

      1625 Post St

      HOTEL • 0.71 Acres
      1625 Post St, San Francisco, CA 94115-3603
      View Details
    • Value Estimation by Request
      4,660 SF

      2018 Bush St

      HOTEL • 4,660 SF
      2018 Bush St, San Francisco, CA 94115-3207
      View Details
    • Value Estimation by Request
      0.11 Acres

      1615 Broderick St, Unit 1617

      HOTEL • 0.11 Acres
      1615 Broderick St, San Francisco, CA 94115-2912
      View Details
    • Value Estimation
      $6,015,000
      71,780 SF

      1800 Sutter St

      HOTEL • 71,780 SF
      1800 Sutter St, San Francisco, CA 94115-3220
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,000 SF

      Restaurant/Bar Space in Japantown

      Single-user, fully built-out restaurant/bar beneath the Kabuki Theater.
      1865 Post St, San Francisco, CA 94115
      View Details
    • Contact for pricing
      2,900 SF

      Newly Built-Out Restaurant For Sale

      Restaurant with rooftop garden in prime location near Laurel Village.
      3228 Sacramento St, San Francisco, CA 94115
      View Details
    • $6,750,000
      23,263 SF

      Mixed-Use Building in Japantown District

      Mixed-use building in San Francisco's Japantown, featuring office and retail spaces.
      1600 Post St, San Francisco, CA 94115
      View Details
    • Contact for pricing
      7,125 SF

      Pacific Heights Mixed-Use Investment

      Mixed-use property in Pacific Heights with retail and residential units.
      1903-1905 Lyon St, San Francisco, CA 94115
      View Details
    • $1,650,000

      San Francisco Commercial Property For Sale

      Commercial property available for purchase in San Francisco, California.
      2693 Sutter St, San Francisco, CA 94115
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Divisadero Office Space Available

      Two office spaces for rent in Lower Pacific Heights.
      1732-1736 Divisadero St, San Francisco, CA 94115
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in Lower Pacific Heights

      Retail space in a vibrant, accessible San Francisco neighborhood.
      1805-1807 Divisadero St, San Francisco, CA 94115
      View Details
    • Contact for pricing
      1,028 SF

      Office Space in San Francisco

      Office space available for rent in San Francisco, CA.
      2300 Sutter St, San Francisco, CA 94115
      View Details
    • Contact for pricing
      907 SF

      Retail Space in San Francisco

      Retail space available for lease in San Francisco, CA.
      2100-2110 Sutter St, San Francisco, CA 94115
      View Details
    • $1.75 SF/Yr
      4,784 SF

      Full Floor Medical Office Space

      Full floor medical suite with exam and private offices.
      1833 Fillmore St, San Francisco, CA 94115
      View Details
    • Contact for pricing
      3,500 SF

      Fillmore Street Restaurant Space Available

      Prime corner restaurant space on Fillmore Street with liquor license.
      2001 Fillmore St, San Francisco, CA 94115
      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.
    488 Presidio Ave
    San Francisco, CA 94115-2004
    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.
    Sign Up Successful!
    You now have access to more from Realmo!