87 Mclea CtSan Francisco, CA 94103

  • Retail properties
  • 4,140 SF
For Lease
$30/SF/YR View listing

Property Details for 87 Mclea Ct

Year built
1924
Construction
TILT-UP CONCRETE
Lot size
0.08 AC
Property size (Sq ft)
4,140 SF
Zone code
SLI
Property type
Retail properties
Property subtype
Retail space
APN
3757 -035
APU
3757035

Description

This exceptional 6,000 square foot industrial warehouse space, located at 87 McLea Court in San Francisco's vibrant SoMa district (zip code 94103), is available for lease. The property is a stand-alone building offering ample parking, a significant advantage in this bustling urban location. The building is currently fully vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to lease portions. The minimum divisible space is 2,550 square feet, while the maximum contiguous space available is 3,450 square feet. This flexibility caters to a wide range of business needs and sizes. The property boasts robust 3-phase, 400-amp electrical service, ensuring sufficient power for various industrial operations. Situated in San Francisco County, California, this warehouse offers excellent access to major transportation routes and the city's extensive infrastructure. The property's classification as both a warehouse and distribution center highlights its suitability for a variety of uses, from storage and logistics to light manufacturing. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure a well-located, sizable warehouse space in a highly sought-after area of San Francisco.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,631,596
    6.5%
    $1,506,088
    7%
    $1,398,511
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,985,851
    Geo Method
    $2,909,812
  • Alternative Use

    Use
    Valuation
    Residential
    $1,270,442
    Hospitality
    $1,163,718
    Educational
    $968,200
    Medical
    $1,001,498
    Retail
    $1,506,088
87 Mclea Ct, San Francisco, California

Location Insight

City
San Francisco
County
San Francisco
State
California
Latitude
37.772
Longitude
-122.409
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
$29,216
$1,609,057
$689,592
$2,298,649
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-
-
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