4947 3Rd StSan Francisco, CA 94124

Property Details for 4947 3Rd St

Year built

1964

Construction

TILT-UP CONCRETE

Lot size

0.36 AC

Property size (Sq ft)

7,350 SF

Zone code

NC3

Property type

Retail properties

Property subtype

Banks

APN

5326 -028

APU

5326028

Description

This exceptional freestanding retail property, located at 4947 3rd St in San Francisco, CA 94124, presents a unique leasing opportunity. Originally constructed in 1964, this former bank building sits on a sizable 0.36-acre lot and offers ample parking with 19 spaces. The property is classified as a single-tenant retail space within San Francisco County. While the exact square footage of the building is not currently available, the substantial lot size and the building's former use as a bank suggest a significant interior space ideal for a variety of retail uses. The property's location in San Francisco offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in a thriving urban environment. The property's history as a bank lends itself to a variety of potential adaptive reuse scenarios, offering a unique character and established infrastructure. Interested parties are encouraged to conduct their own due diligence to assess the suitability of the property for their specific business needs. This is a rare opportunity to acquire a well-situated, substantial retail space in a highly desirable San Francisco location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,319,060

  6.5%

  $3,063,748

  7%

  $2,844,909

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,045,541

  Geo Method

  $5,165,971

• Alternative Use

  Use

  Valuation

  Residential

  $2,584,386

  Hospitality

  $2,367,284

  Educational

  $1,969,552

  Medical

  $2,037,288

  Retail

  $3,063,748

Location Insight

City

San Francisco

County

San Francisco

State

California

Latitude

37.7333

Longitude

-122.391

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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