Search
Two-Building Office Property
For Sale
Contact for pricing
Pending

2151 Park Blvd., Palo Alto, CA 94306

Two wood-frame buildings offer flexible office occupancy with substantial power and on-site parking.

Property Size14,174 SF
Lot Size0.50 Acres
Days on Market141

Property Features for 2151 Park Blvd.

General Information

Standard status Pending
Size 14,174 SF
Total Parking Spaces 45
Lot size 0.50 Acres
Property subtype Office

Site & Location

Public Transit Yes
Utilities to Site Yes

Building Details

Year Built 1958
Buildings 2
Construction wood frame
Tenancy Multi
Parking Ratio 3.17 per 1,000 SF
Listing Agency: Marcus & Millichap - Palo Alto
Listed By: Teodor Vacev · License #CA 01818422
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 3:02PM

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 Marcus & Millichap - Palo Alto

Investment Insights

Based on property information with market context.

The property comprises two wood-frame office buildings totaling approximately 14,174 square feet on 0.50 acres. Both structures feature plate glass facades and flat roofs and were constructed in 1958. Originally designed for heavy R&D use, the buildings have 3 Phase 400 Amps of power and 45 parking spaces, with a parking ratio of 3.17/1000. The property is currently configured for two tenants, and the existing leases extend no later than early 2026.

Located at 2151 & 2181 Park Boulevard in Palo Alto, the office property sits 600 feet from the California Avenue CalTrain station. California Avenue is within walking distance and includes 29 restaurants, a grocery store, entertainment, and various tech companies. Stanford University and multiple high-tech companies in Stanford Business Park are also identified as being in close proximity.

Key Highlights

  • Approximately 14,174 Sq. Ft. across two office buildings
  • 0.50‑acre property with 45 parking spaces
  • 3 Phase 400 Amps of power for former heavy R&D configuration

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Storage Facility Grocery & Convenience Store Carpet & Flooring Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,077
Businesses Nearby

Demographics for 94306, CA

28,659
Population
11,853
Households
2.4
Avg Household Size
41
Median Age
81%
College-Educated
96%
High-School Grad
4.1 sq mi
ZIP Area
6,990
Density / Sq Mi
$186,479
Median Household Income
$112,500
Median Earnings
$2,927
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Two wood-frame buildings offer flexible office occupancy with substantial power and on-site parking.
Where is this office building located?
The property is located at 2151 Park Blvd. Palo Alto, CA.
What are key features of this property?
This property features: Approximately 14,174 Sq. Ft. across two office buildings; 0.50‑acre property with 45 parking spaces; 3 Phase 400 Amps of power for former heavy R&D configuration
More about this property
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