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Property profile & analytics
OFF-MARKET
Estimated value
$8,420,000
Office buildings
601 Msn St 609 San Francisco, CA 94105-3503
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6135476
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1907
Construction
TILT-UP CONCRETE
Total area
49,518 SF
Lot
0.18 ac (7,747 SF)
Zoning code
C3O
APN
3722 -001
UPID
US09-6135476
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
-
Kőműves Kata Photography Service (Bike/Boat/Book/etc) Store
-
Kodak Moment (Bike/Boat/Book/etc) Store
-
Unfetter Medical Laboratory
-
LibertyX Bitcoin ATM Atm
-
Spandango Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.42M
Owner & transaction history
Terradev Second Street LLC · 11 yrs held
Terradev Second Street LLC
since 2015
7 recorded transactions
Zoning & alternative use
C3O · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$170 / 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
$118,187
Tax year 2024
Assessed value
$8,893,370
Assessed 2024
Previous assessed
$8,893,370
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$5,673,233
Assessed improvement
$3,220,137
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1907
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
6
Rooms
27
Bathrooms
14
Total area
49,518 SF
Lot
0.18 ac (7,747 SF)
Zoning code
C3O
APN
3722 -001
UPID
US09-6135476
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
C3O · San Francisco, CA
Zoning C3O · permitted uses
C3O · 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
1907
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
6
Rooms
27
Bathrooms
14
Lot
0.18 ac
Current owner
From public records · entity-resolved
Terradev Second Street LLC
Entity
Mailing address
580 2ND ST STE #260, OAKLAND, CA 94607-3534
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2015
—
Terradev Second Street LLC
Terradev Second Street
Quit Claim Deed
related
$6,200,000 · Farmers & Merchants Bk/ctrl Ca
Jun 11, 2010
—
Terradev Second Street LLC
—
Deed Of Trust
related
$6,669,000 · Private Bank The Peninsula
Aug 28, 1998
$6,137,000
Terradev Second St.
Miracle Mission Investments
Grant Deed
$4,480,000 · Mechanics Bank
Nov 6, 1996
—
Miracle Mission Investments
—
Deed Of Trust
related
$1,800,000 · Southern Pacific Thrift & Loan
Sep 10, 1996
$2,800,000
Miracle Mission Inv
Tanrich Dev Int'l INC
Grant Deed
—
Nov 28, 1995
—
Tanrich Development Internatio
—
Grant Deed
related
$585,000 · City & Co Of San Francisco
May 22, 1992
$2,000,000
Tanrich Development Intl
Stirling,deborah
Grant Deed
$1,100,000 · International Bank
—
—
Miracle Mission Investments
—
Deed Of Trust
related
$300,000 · Terranomics Development Co
—
—
Terradev Second Street LLC
—
Deed Of Trust
related
$7,400,000 · Midland Loan Services LP
—
—
Deborah Stirling
—
Deed Of Trust
related
$1,000,000 · Wells Fargo Bank
—
—
Lee Trust
—
Deed Of Trust
related
$500,000 · Grand Pacific Financing Corp
—
—
Miracle Mission Investments
—
Deed Of Trust
related
$3,000,000 · East West Bank
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.
Try Rey
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