330 8Th StSan Francisco, CA 94103

  • Industrial properties
  • 22,480 SF

Property Details for 330 8Th St

Year built
1929
Construction
CONCRETE
Lot size
0.17 AC
Property size (Sq ft)
22,480 SF
Zone code
SLR
Property type
Industrial properties
APN
3756 -002
APU
3756002

Description

This exceptional fee-simple ownership opportunity presents a vacant, 22,488-square-foot warehouse ideally located in San Francisco's desirable South of Market (SoMa) neighborhood at 330 8th Street, San Francisco, CA 94103. The property sits on a 7,496-square-foot lot and boasts significant value-add potential. Built in 1929 and extensively renovated in 2021, this stand-alone building features three large drive-in loading doors with ramp access to each floor, providing convenient and efficient material handling. Ample parking is available with 200 spaces. The property benefits from heavy power (3-Phase, 1000 Amp, 480 Volt Electrical Service), making it suitable for a variety of industrial uses. The WMUG zoning designation offers flexibility for future development. This rare opportunity allows for immediate occupancy or the potential to achieve advanced manufacturing rents through further renovations. The property's prime location and substantial features make it an attractive investment for owner-users or investors seeking a strong foothold in San Francisco's thriving industrial market. The APN is 3756002.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $13,365,700
    6.5%
    $12,337,600
    7%
    $11,456,300
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,846,400
    Geo Method
    $10,031,800
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $6,341,440
    Mixed-Use / Specialty
    $6,330,490
    Hospitality / Lodging
    $4,659,660
    Office
    $6,305,020
    Institutional / Educational
    $6,585,320
    Residential Income
    $7,704,830
    Multifamily
    $9,176,130
    Automotive / Energy
    $5,644,560
    Parking / Income-Based Land
    $1,936,350
    Restaurant / Food Service
    $3,317,420
    Healthcare / Senior Housing
    $6,479,840

Location Insight

City
San Francisco
County
San Francisco
State
California
Latitude
37.7745
Longitude
-122.41
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
$96,381
$5,000,942
$2,692,815
$7,693,757
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FAQs

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