Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    575 High St Palo Alto, CA 94301

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Full-floor, renovated office suite in prime downtown location.

    Property size:
    2,972 SF
    Lot size:
    2,972 SF

    Property Features for 575 High St

    General Information

    Standard status
    Active
    Size
    2,972 SF

    We can help!

    Listing Contact
    Ryan Carr
    Source: Cbre

    Listing Agent: Ryan Carr

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Renovated Office Suite in Palo Alto

    This is a full-floor office suite featuring complete renovations completed in 2017 with high-quality finishes. The suite includes a large boardroom, in-suite kitchenette, restrooms, and bike storage. Excellent window lines provide natural light throughout the space. It is located in a Class A building in a prime downtown Palo Alto location with elevator access. The property is one block from the Caltrain station and surrounded by downtown amenities and restaurants. The office space is available immediately and has a size of 2972 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nautilus Venture Partners Venture Capital Company MNTSTUDIO Gym & Fitness Center Firelake Capital Management ... Financial Advisor True Ventures Corporate Office First Pro Heating ... HVAC Service

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palo Alto
    County
    Santa Clara
    State
    California
    Longitude
    -122.1623325
    Latitude
    37.4435719

    Nearby Similar for Lease

    • $2,140 /Mo

      Ventura Retail Space on Thompson

      Prime retail space with excellent visibility in Midtown Ventura.
      1960 East Thompson Blvd, Ventura, CA 93001
      View Details
    • New
      $2,350 /Mo

      Ventura Industrial Unit For Rent

      Versatile 1,444 SF industrial unit in Ventura's commercial corridor.
      2889 Bunsen Ave, Ventura, CA 93003
      View Details
    • $43,601
      6,014 SF

      Prime Palo Alto Commercial Space

      Downtown Palo Alto retail/office/restaurant space with high foot traffic.
      353 University Ave, Palo Alto, CA 94301
      View Details
    • Sponsored
      New
      Contact for pricing

      CA, Palo Alto - Page Mill Rd

      Flexible workspace in WI, Madison - W. Broadway
      425 Page Mill Rd, Palo Alto, CA 94306
      View Details
    • $43,601

      Downtown Palo Alto Retail/Office Space

      Prime University Avenue location suitable for retail or office.
      353 University Ave, Palo Alto, CA 94301
      View Details
    • New
      Contact for pricing

      4 Palo Alto Square

      Discover many ways to work your way in 4 Palo Alto Square
      3000 El Camino Real, Palo Alto, CA 94306
      View Details
    • $4,500 /Mo

      Remodeled Industrial Condo Warehouse Space

      Remodeled industrial condo warehouse with showroom, office, and storage.
      4125 Market St, Ventura, CA 93003
      View Details
    • New
      Contact for pricing

      Embarcadero Place

      Discover many ways to work your way in Embarcadero Place
      2100 Geng Rd, Palo Alto, CA 94303
      View Details
    • New
      Contact for pricing

      Hamilton Avenue

      Flexible workspace in Hamilton Avenue
      228 Hamilton Ave, Palo Alto, CA 94301
      View Details
    • $5,500 /Mo

      Remodeled Retail/Office Building

      Remodeled commercial building on Ventura Blvd with parking.
      339 N Ventura Ave, Ventura, CA 93001
      View Details
    • Contact for pricing

      Ventura Office Campus for Lease

      Two-story office building with on-site amenities and convenient freeway access.
      6633 Telephone Rd, Ventura, CA 93003
      View Details
    • Contact for pricing
      3,365 SF

      Ventura Office Space Available

      Two-story office building with on-site management in Ventura, CA.
      1000 South Hill Rd, Ventura, CA 93003
      View Details

    FAQs

    What type of property is this?
    Office units - Full-floor, renovated office suite in prime downtown location.
    Where is this office units located?
    The property is located at 575 High St Palo Alto, CA.
    What are key features of this property?
    This property features: - Prime Downtown Palo Alto Location in Class A Building; - Completely Renovated in 2017 with High Quality Finishes; - Full-Floor Office Suite
    Request Owner's contact information
    575 High St Palo Alto, CA 94301
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    575 High St
    Palo Alto, CA 94301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    575 High St Palo Alto, CA 94301
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ryan Carr
    Real Estate License ID: 01924765
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!