Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,275,000
Investment properties
653 Commercial St San Francisco, CA 94111-2503
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5762701
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1923
Construction
TILT-UP CONCRETE
Total area
7,057 SF
Lot
0.05 ac (2,390 SF)
Zoning code
CCB
APN
0227 -027
UPID
US09-5762701
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
-
Hotel San Francisco Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.42M
Comparable Approach
Comparable
$1.89M
Blend (final)
Blend
$2.28M
Owner & transaction history
Bji 703 Irr Investors LLC · 9 yrs held
Bji 703 Irr Investors LLC
since 2016
7 recorded transactions
Zoning & alternative use
CCB · San Francisco, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.6M
+19.2%
Office building
$3.0M
+0.6%
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%
$2,625,000
6.5%
$2,420,000
7%
$2,250,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,020,000
Current use
RETAIL STORES
$3,600,000
Change: +19% · Conversion: Easy
OFFICE BUILDING
$3,035,000
Change: +1% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,725,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$2.28M
Range $2.05M – $2.50M · ±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
$322 / 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
$47,520
Tax year 2024
Assessed value
$3,989,214
Assessed 2024
Previous assessed
$3,989,214
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$2,792,454
Assessed improvement
$1,196,760
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1923
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
3
Units
2
Rooms
3
Total area
7,057 SF
Lot
0.05 ac (2,390 SF)
Zoning code
CCB
APN
0227 -027
UPID
US09-5762701
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
CCB · San Francisco, CA
Zoning CCB · permitted uses
CCB · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.0M
RETAIL STORES
Est. value
$3.6M
OFFICE BUILDING
Est. value
$3.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.7M
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1923
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
3
Units
2
Rooms
3
Lot
0.05 ac
Current owner
From public records · entity-resolved
Bji 703 Irr Investors LLC
Entity
Mailing address
1220 HOWARD AVE STE #216, BURLINGAME, CA 94010-4256
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2016
$3,506,000
Bji 703 Irr Investors LLC
Giannini Family Trust
Grant Deed
$2,556,000 · First Republic Bk
Sep 21, 2016
—
Giannini Family Trust
Giannini Family Trust
Quit Claim Deed
related
—
Jan 10, 2005
—
Rreef America Reit II Corp Rrr
National Office Partners
Grant Deed
related
—
Apr 11, 2003
—
Giannini,tr
Giannini,tr
Quit Claim Deed
related
—
Jun 10, 1993
—
Giannini,trust
Giannini,thomas&
Quit Claim Deed
related
—
—
—
Giannini,tr
—
Deed Of Trust
related
$138,000 · Bank Of America
—
—
Giannini Trust
—
Deed Of Trust
related
$150,000 · Bank Of America
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 653 Commercial St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
