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Property profile & analytics
OFF-MARKET
Estimated value
$2,150,000
Specialty properties
609 Sutter St San Francisco, CA 94102-1081
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-6150276
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1927
Construction
STEEL FRAME
Total area
160,062 SF
Lot
0.28 ac (12,039 SF)
Zoning code
C3G
APN
0297 -001
UPID
US09-6150276
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
-
Marines' Memorial Club & Hotel Hotel & Motel
-
Marines' Memorial Theatre Hotel & Motel Resort
-
Executives Association of San Francisco Association Or Organization
-
pier 33 san francisco Travel Agency
-
Chesty's Bar Bar & Pub Nightclub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.15M
Owner & transaction history
Marines Memorial Assn · 5 yrs held
Marines Memorial Assn
since 2020
3 recorded transactions
Zoning & alternative use
C3G · 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
$13 / 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
$121,410
Tax year 2024
Assessed value
$10,210,404
Assessed 2024
Previous assessed
$10,210,404
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$1,134,990
Assessed improvement
$9,075,414
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1927
Construction
STEEL FRAME
Heating
NONE
Stories
12
Rooms
240
Bathrooms
188
Total area
160,062 SF
Lot
0.28 ac (12,039 SF)
Zoning code
C3G
APN
0297 -001
UPID
US09-6150276
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
C3G · San Francisco, CA
Zoning C3G · permitted uses
C3G · 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
1927
Construction
STEEL FRAME
Heating
NONE
Stories
12
Rooms
240
Bathrooms
188
Lot
0.28 ac
Current owner
From public records · entity-resolved
Marines Memorial Assn
Individual
Mailing address
609 SUTTER ST, SAN FRANCISCO, CA 94102-1081
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2020
—
Marines Memorial Assn
Memorial Assn Marines
Quit Claim Deed
related
$8,553,429 · First Republic Bk
Oct 1, 2018
—
Marines Memorial Assn
Marines Memorial Assn
Quit Claim Deed
related
$7,500,000 · First Republic Bk
—
—
Memorial Assn Marines
—
Deed Of Trust
related
$2,300,000 · Nevada Security 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.
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