Office Building Steps From
1134 Crane St Menlo Park, CA 94025
For Sale
Contact for pricing
Office building near downtown Menlo Park with steps access to two city parking lots.
Property Size9,100 SF
Price / SF$857.14
Days on Market143
Property Features for 1134 Crane St
General Information
Standard status
Active
Size
9,100 SF
Property subtype
OFFICE
Listing Agency:
Mahoney & Associates Commercial Real Estate
(831) 646-1919
Listed By:
Patrick Stafford · License #01857243
(831) 238-3592
Source:
Moodyscre
Added: Mar 9
Changed: Jul 26
Last Checked: Jul 28 at 4:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mahoney & Associates Commercial Real Estate
Investment Insights
Based on property information with market context.
This office building at 1134 Crane St is positioned for both an owner/user and an investor. The property is located in the heart of downtown Menlo Park and is described as being steps from two city parking lots, supporting convenient day-to-day access.
The offering is also noted as being one block from Santa Cruz Avenue, placing it within close proximity to the area’s commercial activity.
The property presents as an office-focused asset and is available for sale.
The offering is also noted as being one block from Santa Cruz Avenue, placing it within close proximity to the area’s commercial activity.
The property presents as an office-focused asset and is available for sale.
Key Highlights
- Office building with steps access to two city parking lots
- Located in the heart of downtown Menlo Park
- One block from Santa Cruz Avenue
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $500.1k | $54.96 |
| − Vacancy | −$111.5k | −$12.26 |
| EGI | $388.6k | $42.70 |
| − OpEx | −$97.2k | −$10.68 |
| NOI | $291.5k | $32.03 |
9,100 SF · lease $54.96/SF/yr · vacancy 22.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.16M
$3.64M – $4.86M
NOI $291,454 @ 7.0% cap · market cap 3.74%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$7.23M
$6.32M – $8.43M
NOI $505,977 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Office building near downtown Menlo Park with steps access to two city parking lots.
Where is this office building located?
The property is located at 1134 Crane St Menlo Park, CA.
What is the asking price?
The asking price for this property is $7,800,000.
What are key features of this property?
This property features: Office building with steps access to two city parking lots; Located in the heart of downtown Menlo Park; One block from Santa Cruz Avenue
