300 5th Street Site

The lease for the Shell station on the southwest corner of Fifth and Folsom expires in February 2017.  And while plans for the two-parcel site have yet to be submitted to San Francisco’s Planning Department for review, the western parcel upon which the service station sits has hit the market with a list price of $2 million. The entire site is zoned for development up to 85-feet in height.

We’ll keep you posted and plugged-in as plans for the Central SoMa site, and La Fisheria‘s parking space, evolve.

Comments from Plugged-In Readers

  1. Posted by anon

    $2 million seems rather cheap for the development potential. Is there extensive cleanup expected?

    • Posted by ElitistPig

      Probably, they have underground gas tanks, and isn’t this whole area an issue? Aren’t they having soil issues a little further down near the Transbay projects?

      • Posted by RonMonster

        GeoTracker doesn’t show any open LUST cases for the parcels.

  2. Posted by Dave

    Its not the most desirable area. The buildings around it look like housing projects.

    • Posted by SFRealist

      Directly across 5th Street is Mosso, a huge new market rate development.

  3. Posted by Hitman

    The gas station is comprised of 2 parcels. $2M is the list price for the parcel containing the mechanic shop and cashier. You are welcome.

  4. Posted by BobN

    Dateline 2035: After eight years of analysis and seventeen separate reports totaling 23,404 pages, the San Francisco Board of Supervisors voted today to modify the City’s planning code to require that somebody build a gas station somewhere, anywhere within City limits. Please, pretty please…

    • Posted by MH

      In 2035, we’ll be charging our cars through standard wall outlets…

      • Posted by BobN

        Yeah, and I’m still waiting on that jet-pack I was promised back in 1970.

        • Posted by Bobby Mucho

          Sure. Because the advent of electric cars—and their commercial success—is in any way paralleled by jetpacks (not to mention they actually exist).

          • Posted by Mark

            Electric car commercial success? Where. They are sold at a loss to allow automakers to increase the MPG of their gas cars. So, what can you tell us next that will enlighten us?

    • Posted by anon

      And sticking with the communist tilt of the SF BOS, the building of this station is forced upon the owner of an electric car dealership, even though 96% of cars in SF now run on electricity. This is expected to cost the dealership $400,000 per year to operate and serve fewer than three customers per day. The BOS stated that “fat cat” electric car dealers can afford to help, as gas powered cars are now mostly owned by the poor, and not subsidizing this group would be wildly regressive.

  5. Posted by Conifer

    If ever there were proof of a need for a new planning policy, this Mosso complex across the street is it. It is cheap looking, squat, an underutilization of a very large parcel with an alley in the middle. It is a housing project, as Dave says, even if it is marketed as “luxury.”

    • Posted by SFRealist

      You can thank the fine people responsible for the Western SOMA Development Plan for that. No way was this building going to be built higher with that zoning in effect.

      • Posted by moto mayhem

        the Western SOMA plan is the worst piece of planning ever created for SF. It was well out of date before ever signed off and calls for mass underbuilding in an area downtown and close to transit. It should be burned and immediately changes

        • Posted by SFRealist

          Agree 100%

        • Posted by GhostWriter

          Couldn’t agree more… Seems like they’re headed in the right direction with the Central Corridor Plan but it’s too little too late. What heights would you like to see on this or similar sites???

          • Posted by moto mayhem

            12-20 for western SOMA

  6. Posted by myincpen

    Does anyone know if ending lease date information for gas stations public record and where to go about finding it?

    • Posted by Hitman

      It is indexed at the recorder’s office – look for Shell Oil

    • Posted by Bud Mor

      They aren’t public.

  7. Posted by James

    Good central location. Should be at least 750 feet tall with no parking.

    • Posted by Pablito

      It’s Sf – we need our free bicycle / electric scooter parking…..

  8. Posted by Mike

    I wonder if electric cars (and projections for more of them) are behind the trend behind disappearing gas stations, in addition to the sky-high real estate prices. I have a plug-in hybrid, and just don’t visit gas stations much any more.

    • Posted by The Milkshake of Despair

      Could be. Electric cars have varying success in different markets. Places like SF where most journeys are easily within the range of an electric car are a sweet spot. But then there’s the density and limited parking in effect as well but those factors also apply to gasoline cars.

    • Posted by moto mayhem

      i think it has more to do with high prices and money made by selling out low margin gas stations. The share of electric cars is still too small for mass closing off gas stations in SF

    • Posted by suburbanoid

      The larger a city gets the fewer gas stations it needs. This is one of the interesting and robust findings from Los Alamos researches investigating urbanism. The work of Geoffrey B. West goes into interesting detail about this and he has a bunch of videos on YouTube.

  9. Posted by Mark

    So what? Did the study recommend the optimum amount of gas stations? No, because that would be impossible.

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