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    Property profile & analytics

    655 Kansas St San Francisco, CA 94107-2657

    • Apartment buildings
    • 20,073 SF
    • 0.30 lot acres
    OFF-MARKET
    Last Sale
    Mar 23, 2025
    $9,975,000
    Value Estimations
    $10,395,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-5746114
    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.

    Current Use by Public Records

    • Molly Troedson Cake Studio / Bakery / Specialty Food Shop

    Property Details for 655 Kansas St

    Year built
    1964
    Construction
    WOOD
    Lot size
    0.30 lot acres
    Property size
    20,073 SF
    Zone code
    RH2
    Property type
    Apartment buildings
    APN
    4030 -031
    APU
    4030031

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $10,860,000
      6.5%
      $10,025,000
      7%
      $9,310,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $11,595,000
      Market price range: $2.11M - $13.3M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $8,495,000
      Current use
      RETAIL STORES
      $10,235,000
      Change: +21% Conversion: Difficult
      OFFICE BUILDING
      $9,620,000
      Change: +13% Conversion: Moderate
      INDUSTRIAL (GENERAL)
      $7,385,000
      Change: -13% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    San Francisco
    County
    San Francisco
    State
    California
    Longitude
    -122.403
    Latitude
    37.7615
    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
    $129,411
    $2,326,093
    $8,558,228
    $10,884,321
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.69 Acres

      1101 Connecticut St, Unit 1109

      APARTMENT HOUSE (5+ UNITS) • 0.69 Acres
      1101 Connecticut St, San Francisco, CA 94107-3889
      View Details
    • Value Estimation
      $2,280,000
      7,278 SF

      1418 Rhode Is St

      APARTMENT HOUSE (5+ UNITS) • 7,278 SF
      1418 Rhode Is St, San Francisco, CA 94107-3252
      View Details
    • Value Estimation
      $4,235,000
      14,719 SF

      740 Rhode Is St

      APARTMENT HOUSE (5+ UNITS) • 14,719 SF
      740 Rhode Is St, San Francisco, CA 94107-2658
      View Details
    • Value Estimation
      $8,295,000
      272,232 SF

      501 1st St

      APARTMENT HOUSE (5+ UNITS) • 272,232 SF
      501 1st St, San Francisco, CA 94107-1432
      View Details
    • Value Estimation
      $8,185,000
      25,000 SF

      595 Mariposa St

      APARTMENT HOUSE (5+ UNITS) • 25,000 SF
      595 Mariposa St, San Francisco, CA 94107-2569
      View Details
    • Value Estimation
      $11,665,000
      55,000 SF

      696 Pennsylvania Ave

      APARTMENT HOUSE (5+ UNITS) • 55,000 SF
      696 Pennsylvania Ave, San Francisco, CA 94107-2916
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,600 SF

      Entitled South of Market Multifamily Lot

      3,600 SF lot entitled for 9-unit multifamily development.
      224-228 Clara St, San Francisco, CA 94107
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    • $3,200,000
      953 SF

      SoMa Mixed-Use Investment Opportunity

      Mixed-use property in SoMa with parking, residential, and storage.
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      Pending

      Historical Dog Patch District Property

      Located in San Francisco's Historical Dog Patch District.
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      San Francisco Land Opportunity

      Land available in San Francisco, California.
      1111 Pennsylvania Ave, San Francisco, CA 94107
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    • Contact for pricing
      618 SF

      Retail Space Near Oracle Park

      Retail property for sale with high foot and vehicle traffic.
      201-213 King St, San Francisco, CA 94107
      View Details
    • $2,400,000
      2,227 SF

      San Francisco Commercial Condo Opportunity

      2,227 SF retail/office condo in San Francisco's South Beach.
      243 Brannan St, San Francisco, CA 94107
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,649 SF

      Move-in Ready Office Space Available

      Office spaces available for rent in San Francisco, CA.
      410 Townsend St, San Francisco, CA 94107
      View Details
    • Contact for pricing
      5,000 SF

      San Francisco Office Space Available

      Office space available for rent in San Francisco, CA.
      577-599 2Nd St, San Francisco, CA 94107
      View Details
    • Contact for pricing

      Commercial Space for Lease

      Commercial space available for lease in San Francisco, CA.
      100 Hooper St, San Francisco, CA 94107
      View Details
    • Contact for pricing
      8,000 SF

      Modern Flex Facility in SoMA

      15,500 SF flex suite in thriving San Francisco neighborhood.
      361 Brannan St, San Francisco, CA 94107
      View Details
    • $7,500 /Mo
      2,406 SF

      Restaurant Space with Patio Seating

      Restaurant space featuring Type 1 hood and parklet seating.
      858 Folsom St, San Francisco, CA 94107
      View Details
    • Contact for pricing
      3,875 SF

      Freestanding Building with Roll-Up Door

      Freestanding building featuring one roll-up door and skylights.
      836 Harrison St, San Francisco, CA 94107
      View Details
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    655 Kansas St
    San Francisco, CA 94107-2657
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    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
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