Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    490 Eccles Ave South San Francisco, CA 94080

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    490 Eccles Ave South San Francisco, CA 94080

    View on Map
    • Warehouses
    • 30,554 SF
    • 1.12 lot acres
    For Lease
    $11,175,000
    View Listing →
    South San Francisco Warehouse Space For Lease
    $11,175,000
    31,104 SF

    South San Francisco Warehouse Space

    Warehouse space featuring dock high doors and fire suppression system.

    490 Eccles Ave, South San Francisco, CA
    View Listing
    Property ID
    US09-2236859
    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
    $11,175,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Breakfast Guys / Restaurant / Take-out & Catering

    Property Details for 490 Eccles Ave

    Year built
    1964
    Lot size
    1.12 lot acres
    Property size
    30,554 SF
    Zone code
    MH00M2
    Property type
    Warehouses
    APN
    015-082-070
    APU
    15082070

    Description

    This exceptional 31,104-square-foot industrial warehouse is situated on a 1.12-acre lot in South San Francisco, CA, at 490 Eccles Ave, 94080. Built in 1968, this single-story building offers a single-tenant occupancy and boasts an impressive 18-foot ceiling height. The property includes two loading docks and one drive-in bay, ensuring efficient loading and unloading operations. Ample parking is available with 43 total spaces. The warehouse features a significant office component comprising 13,104 square feet, providing a versatile space with a 20-foot atrium, private offices, conference rooms, breakout areas, open workspaces, a kitchen, and separate male and female restrooms. Located in San Mateo County, this property presents a rare opportunity to acquire a well-maintained, functional warehouse with substantial office space in a prime South San Francisco location. The property's excellent condition and convenient features make it an attractive option for a variety of businesses.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $13,415,000
      ML approach
      $10,875,000

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $13,140,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $16,490,000
      Change: +25% Conversion: Moderate
      RETAIL STORES
      $15,540,000
      Change: +18% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $14,120,000
      Change: +7% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $13,880,000
      Change: +6% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    South San Francisco
    County
    San Mateo
    State
    California
    Longitude
    -122.392
    Latitude
    37.6586
    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
    $119,896
    $9,338,630
    $1,485,691
    $10,824,321
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $660,000
      15.09 Acres

      385 Oyster Pt Blvd, Unit 389

      WAREHOUSE, STORAGE • 15.09 Acres
      385 Oyster Pt Blvd, South San Francisco, CA 94080-1970
      View Details
    • Value Estimation by Request
      1.54 Acres

      310 Shaw Rd

      WAREHOUSE, STORAGE • 1.54 Acres
      310 Shaw Rd, South San Francisco, CA 94080-6620
      View Details
    • Value Estimation
      $13,335,000
      104,860 SF

      80 Spruce Ave

      WAREHOUSE, STORAGE • 104,860 SF
      80 Spruce Ave, South San Francisco, CA 94080
      View Details
    • Value Estimation
      $13,445,000
      559,605 SF

      245 Spruce Ave

      WAREHOUSE, STORAGE • 559,605 SF
      245 Spruce Ave, South San Francisco, CA 94080-4581
      View Details
    • Value Estimation
      $950,000
      2,200 SF

      50 Linden Ave

      WAREHOUSE, STORAGE • 2,200 SF
      50 Linden Ave, South San Francisco, CA 94080-6415
      View Details
    • Value Estimation
      $2,975,000
      23,275 SF

      240 Littlefield Ave

      WAREHOUSE, STORAGE • 23,275 SF
      240 Littlefield Ave, South San Francisco, CA 94080-6902
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,930 SF

      Functional Industrial Building For Sale

      3,930 SF industrial building with flexible space and warehouse.
      1139 Airport Blvd, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      2,400 SF

      South San Francisco Flex Space

      2,400 SF flex space with mezzanine and drive-in door.
      121 S Maple Ave, South San Francisco, CA 94080
      View Details
    • Contact for pricing

      South San Francisco Warehouse Opportunity

      Value-add warehouse facility with upside potential in South San Francisco.
      1373 Lowrie Ave, South San Francisco, CA 94080
      View Details
    • $1,350,000
      3,930 SF

      South San Francisco Flex Space

      3,930 SF flex space on 5,081 SF parcel.
      Airport Blvd, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      8,000 SF

      South San Francisco Warehouse Opportunity

      8,000 sqft warehouse/industrial property in South San Francisco for sale.
      435 Grand Ave, South San Francisco, CA 94080
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,500 SF

      South San Francisco Warehouse For Rent

      3,500 SF warehouse with secured lot available June 2024.
      149-151 S Linden Ave, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      7,200 SF

      South San Francisco Warehouse Space

      7,200 SF warehouse with office space for lease.
      390 Swift Ave, South San Francisco, CA 94080
      View Details
    • $1.65 SF/Yr
      19,000 SF

      South San Francisco Warehouse Space

      19,000 sq ft warehouse space available for lease.
      161 Starlite St, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      10,740 SF

      Industrial Space with Secure Yard

      Industrial property featuring office space and secure yard space.
      350 Harbor Way, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      16,500 SF

      Warehouse with Office and Parking

      Warehouse with office, dock platform, parking, and yard space.
      525-529 Railroad Ave, South San Francisco, CA 94080
      View Details
    • Contact for pricing
      20,728 SF

      Warehouse with Paved Yard

      20,728 SF warehouse with 30,000 SF paved yard.
      100-110 Grand Ave, South San Francisco, CA 94080
      View Details
    View Listing
    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.
    490 Eccles Ave
    South San Francisco, CA 94080
    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!