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Neighborhood Commercial Land
For Sale
$5,999,000

3585 El Camino Real, Palo Alto, CA 94306

CN-zoned parcels offer El Camino Real frontage and access from a public alley at the rear.

Property SizeContact for details
Days on Market8

Property Features for 3585 El Camino Real

General Information

Standard status Active
Property subtype Commercial
Zoning CN
Listing Agency: YJY Investments
Listed By: Yoga Yang
Source: Steinbeckre
Added: Sep 29 Changed: Oct 5 Last Checked: Oct 5 at 6:19PM

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 YJY Investments

Investment Insights

Based on property information with market context.

The offering combines two adjoining parcels at 3567 and 3585 El Camino Real, totaling approximately 12,282 SF (0.28 AC). The 3567 parcel contains an approximately 4,800 SF, two-story commercial building constructed in 1959, according to county records. The site is zoned CN (Neighborhood Commercial) and has approximately 120 ft of El Camino Real frontage, with public alley access behind the parcels.

Potential formats identified for the property include for-sale condos or townhomes, rental apartments, mixed-use, and live-work. A preliminary feasibility study by Hayes Group Architects examined a four-story, 16-unit for-sale residential plan with partially excavated parking. Qualifying projects may be eligible to use the State Density Bonus Law and SB 330. The property is near Stanford Research Park, California Ave, Caltrain, and Stanford University. The sale is fee-simple and as-is.

Key Highlights

  • Two adjoining parcels total approximately 12,282 SF (0.28 AC)
  • Approximately 120 ft of El Camino Real frontage
  • Rear access via public alley

Property Analytics

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Current Use

Sheffields Garage Doors Hardware & Home Improvement

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Plumbing Service Barber Shop Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

2,494
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - CN-zoned parcels offer El Camino Real frontage and access from a public alley at the rear.
Where is this commercial land located?
The property is located at 3585 El Camino Real Palo Alto, CA.
What is the asking price?
The asking price for this property is $5,999,000.
What are key features of this property?
This property features: Two adjoining parcels total approximately 12,282 SF (0.28 AC); Approximately 120 ft of El Camino Real frontage; Rear access via public alley
More about this property
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