Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    976 Market St, Unit 980 San Francisco, CA 94102-4012
    Back to Search
    Property profile & analytics

    976 Market St, Unit 980, San Francisco, CA 94102-4012

    View on Map
    • Theaters & concert halls
    • 5,480 SF
    • 0.13 lot acres
    Off-Market
    Last Sale Sep 3, 2021
    $6,000,000
    Property ID
    US09-6145548
    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
    $5,945,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Theaters & concert halls

    Property Details for 976 Market St

    Year built
    1910
    Construction
    TILT-UP CONCRETE
    Lot size
    0.13 lot acres
    Zone code
    C3G
    Property type
    Theaters & concert halls
    APN
    0342 -015
    APU
    342015

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 3, 2021 $6,000,000 980 Market Street LLC Craig P Duling Grant Deed $3.9M · Metropolitan Bank
    Sep 3, 2021 — Craig P Duling Mary Ellen Gaston Intrafamily Transfer · related $3.9M · Metropolitan Bank
    Jul 12, 2021 — Craig P Duling Clint Coons Grant Deed —
    Jul 11, 2018 — Street 976-980 M Trust Duling,craig P Quit Claim Deed · related —
    Dec 23, 2004 — Craig P Duling Gaston,mary E Quit Claim Deed · related $1.8M · Centennial Bk
    Dec 20, 2004 — Crazy Horse Properties LLC Allison,edward A Grant Deed · related —
    — — Craig P Duling — Deed Of Trust · related $500k · Doss Robert A & B A Trust

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,940,000
      ML approach
      $5,845,000

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

    Location Insight

    • Map
    • Local Demand
    City
    San Francisco
    County
    San Francisco
    State
    California
    Longitude
    -122.41
    Latitude
    37.7829
    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
    $76,877
    $4,369,680
    $1,872,720
    $6,242,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,065,000
      62,776 SF

      415 Geary St

      THEATER (MOVIE)
      415 Geary St, San Francisco, CA 94102-1222
      View Details
    • Value Estimation by Request
      182,452 SF

      1 Taylor St

      THEATER (MOVIE)
      1 Taylor St, San Francisco, CA 94102-3916
      View Details
    • Value Estimation
      $1,350,000
      42,800 SF

      650 Geary St

      THEATER (MOVIE)
      650 Geary St, San Francisco, CA 94102-1647
      View Details
    • Value Estimation by Request
      29,641 SF

      445 Geary St

      THEATER (MOVIE)
      445 Geary St, San Francisco, CA 94102-1222
      View Details
    • Value Estimation by Request
      5,812 SF

      220 Jones St

      THEATER (MOVIE)
      220 Jones St, San Francisco, CA 94102-2609
      View Details
    • Value Estimation
      $1,045,000
      36,522 SF

      205 Franklin St

      RECREATIONAL, ENTERTAINMENT
      205 Franklin St, San Francisco, CA 94102-5108
      View Details

    Similar Nearby for Sale

    • $2,395,000
      10,080 SF

      San Francisco Multifamily Investment Opportunity

      Income-generating 7-story apartment building in vibrant Tenderloin neighborhood.
      334 Leavenworth St, San Francisco, CA 94102
      View Details
    • $2,750,000
      3,300 SF

      Hayes Valley Mixed-Use Investment

      Mixed-use property in vibrant Hayes Valley neighborhood with retail and residential.
      501 Laguna St, San Francisco, CA 94102
      View Details
    • Contact for pricing

      San Francisco Multifamily Investment Opportunity

      Stabilized 5-unit property in a desirable San Francisco location.
      305 Oak St, San Francisco, CA 94102
      View Details
    • $2,450,000

      Hayes Valley Restaurant Opportunity

      Well-located corner restaurant in Hayes Valley, San Francisco.
      503 Laguna St, San Francisco, CA 94102
      View Details
    • Contact for pricing
      3,954 SF

      Hayes Valley Retail Corner Opportunity

      Retail property in prime location near Civic Center.
      61 Gough St, San Francisco, CA 94102
      View Details
    • Contact for pricing
      592 SF

      Commercial Condo For Sale

      Commercial condominium available in a major San Francisco office building.
      490 Post St, San Francisco, CA 94102
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Market Street Fitness Space Available

      Turnkey fitness space in a high-visibility, high-traffic location.
      1390 Market St, San Francisco, CA 94102
      View Details
    • $15 SF/Yr

      San Francisco Garage Building For Rent

      27,945 sq. ft. garage building in San Francisco.
      550 Turk St, San Francisco, CA 94102
      View Details
    • Contact for pricing
      2,160 SF

      Retail Space in San Francisco

      Retail space available for lease in San Francisco, CA.
      226-230 Powell St, San Francisco, CA 94102
      View Details
    • Contact for pricing
      150 SF

      Boutique Office in Mid-Market

      Boutique office space in a prime Mid-Market location.
      1230 Market St, San Francisco, CA 94102
      View Details
    • Contact for pricing
      7,700 SF

      Former Walgreens Retail Space Available

      Prominent corner retail location in Hayes Valley, San Francisco.
      300 Gough St, San Francisco, CA 94102
      View Details
    • Contact for pricing
      3,050 SF

      Retail Space on Van Ness

      Retail space available on busy Van Ness Avenue.
      780-790 Van Ness Ave, San Francisco, CA 94102
      View Details
    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.
    976 Market St, Unit 980
    San Francisco, CA 94102-4012
    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

    Thank You for Inquiry
    976 Market St, San Francisco, CA, 94102
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!