1620 Innes Ave | San Francisco, CA 94124
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1620 Innes Ave
San Francisco, CA 94124
Office & Storage Yard · Land For Sale · 0.86 AC
Investment Highlights
- 1620 Innes offers qualified investors and owners/users the chance to acquire the 100% fee simple interest in a 37,500-SF outdoor storage/fleet yard.
- Due to the light-industrial zoning, this site is ideal for transportation companies, fleet management, high-tech bus storage, and outdoor storage.
- Site features include three entry points, a 12-foot wall, a maintained garage, a vehicle wash area with drains, and a fenced, lit, paved yard.
- Strategically across from the 3rd Street Rail Line and less than 2 miles from Highways 101 and 280, providing convenient road and rail accessibility.
- Situated in the India Basin, San Francisco’s premier industrial submarket is saturated with technology, logistics, biotech, and R&D companies.
Executive Summary
1620 Innes is an opportunity to capitalize on a 37,500-square-foot outdoor storage and fleet yard in San Francisco, California. The site has a rectangular configuration with a 3,500-square-foot concrete split block building in the front. The backyard area is completely paved and fenced, providing a secure parking lot with up to three secured points of entry.
The subject is unique in its low coverage aspects, well-configured site plan, and San Francisco location. The former tenant, a bus company that is no longer in operation, striped 30 bus stalls across the lot. Completed capital improvements upon delivery include a landscaping enhancement, chain link fence repairs, paint and carpet upgrades, and a yard slurry and seal coat.
Proud owner Fortress envisions 1620 Innes as a well-configured final mile site inside San Francisco city limits. The site boasts on-site improvements like a concrete split block structure with grade-level loading, a nearly 1-acre yard with full site fencing, and two full access points with automatic gates fronting the Innes Avenue entrances. This opportunity appeals to a broad range of users looking for immediate access to the San Francisco city center.
1620 Innes is in the India Basin Submarket, the heart of San Francisco’s thriving 12.8 multimillion-square-foot industrial market. With easy access to Highways 101 and 280 on-ramps and off-ramps, this site offers exceptional connectivity to key areas, including Downtown San Francisco, San Francisco International Airport, and Silicon Valley. Additionally, its proximity to approximately 1.3 million consumers within a 10-mile radius presents a substantial customer base.
The India Basin Submarket is one of the nation's tightest industrial markets. As of Q3 2023, the vacancy rate stood at 4.0%. Since 2016, the submarket has demonstrated steady rent growth, averaging 6.7% annually. Additionally, the market has attracted and expanded a roster of technology-focused industrial users, further fueling rent growth and declines in vacancy.
The subject is unique in its low coverage aspects, well-configured site plan, and San Francisco location. The former tenant, a bus company that is no longer in operation, striped 30 bus stalls across the lot. Completed capital improvements upon delivery include a landscaping enhancement, chain link fence repairs, paint and carpet upgrades, and a yard slurry and seal coat.
Proud owner Fortress envisions 1620 Innes as a well-configured final mile site inside San Francisco city limits. The site boasts on-site improvements like a concrete split block structure with grade-level loading, a nearly 1-acre yard with full site fencing, and two full access points with automatic gates fronting the Innes Avenue entrances. This opportunity appeals to a broad range of users looking for immediate access to the San Francisco city center.
1620 Innes is in the India Basin Submarket, the heart of San Francisco’s thriving 12.8 multimillion-square-foot industrial market. With easy access to Highways 101 and 280 on-ramps and off-ramps, this site offers exceptional connectivity to key areas, including Downtown San Francisco, San Francisco International Airport, and Silicon Valley. Additionally, its proximity to approximately 1.3 million consumers within a 10-mile radius presents a substantial customer base.
The India Basin Submarket is one of the nation's tightest industrial markets. As of Q3 2023, the vacancy rate stood at 4.0%. Since 2016, the submarket has demonstrated steady rent growth, averaging 6.7% annually. Additionally, the market has attracted and expanded a roster of technology-focused industrial users, further fueling rent growth and declines in vacancy.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Industrial |
| No. Lots | 1 | Proposed Use | Industrial |
| Property Type | Land | Total Lot Size | 0.86 AC |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Industrial |
| Total Lot Size | 0.86 AC |
1 Lot Available
Lot
| Lot Size | 0.86 AC |
| Lot Size | 0.86 AC |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $978,435 | |
| Land Assessment | $9,216,465 | Total Assessment | $10,194,900 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$9,216,465
Improvements Assessment
$978,435
Total Assessment
$10,194,900
zoning
| Zoning Code | PDR-1-G |
| PDR-1-G |
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