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    540 University Ave Palo Alto, CA 94301

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    For Lease
    $3 SF/Yr

    Office space for lease in the heart of Palo Alto.

    Property size:
    1,584 SF
    Lot size:
    0.23 Acres

    Property Features for 540 University Ave

    General Information

    Size
    1,584 SF
    Lot size
    0.23 Acres

    Source: Newmark | Palo Alto Agent Clayton Jones

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

    Overview

    Downtown Palo Alto Office Space

    Located in downtown Palo Alto, this office space is near downtown amenities and adjacent to the Webster/Cowper Public Parking Garage. It is suitable for start-up tech companies and professional service firms. The space offers flexible lease terms. The operating expenses, including janitorial services, are $2.38 per square foot per month, in addition to Palo Alto utilities. The property size is 1584 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gethired Inc Human Resource Consulting Innovation Partners Patent Attorney Parking PA Park Quantumwave Capital Financial Planner Fertility Physicians of Northern ... Fertility Physician

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center

    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
    -122.1584762
    Latitude
    37.4487035

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    FAQs

    What type of property is this?
    Office space - Office space for lease in the heart of Palo Alto.
    Where is this office space located?
    The property is located at 540 University Ave Palo Alto, CA.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: - Located in the Heart of Downtown Palo Alto; - Walk to Downtown Amenities; - Excellent Space for Start-Up Tech Companies, and Professional Service Firms
    (650) 322-2600
    Request Owner's contact information
    540 University Ave Palo Alto, CA 94301
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    Palo Alto, CA 94301
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    Realmo Value Estimation

    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.

    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.

    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
    540 University Ave Palo Alto, CA 94301
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