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    456 University Ave Palo Alto, CA 94301

    Sponsored
    For Lease
    Contact for pricing

    Prime Palo Alto retail, multiple suites available.

    Lot size:
    13,707 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail property, located at 456 University Avenue in the heart of Palo Alto, California (zip code 94301), offers a unique leasing opportunity. The property boasts a total of 13,707 square feet, currently entirely vacant and available for lease. The building is zoned PF (Public Facilities) within Santa Clara County and features two separate suites. While the maximum contiguous space available is 2,644 square feet, a minimum of 11,063 square feet can be leased. This presents flexibility for businesses seeking either a smaller, independent space or a larger, combined footprint. Convenient parking is available, utilizing both street parking and structured parking options, ensuring ease of access for customers and employees. The property's prime location on University Avenue in Palo Alto offers unparalleled visibility and accessibility within a thriving commercial district. This is an exceptional opportunity to establish a presence in one of California's most desirable and high-traffic areas. The property's size and configuration make it ideal for a variety of retail uses. Serious inquiries are encouraged to explore this exceptional leasing opportunity further.

    Property Features for 456 University Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,707 SF

    Unit(s) available at that property

    Space
    Courtyard
    Size
    2,644 SF
    Space
    RSF Space
    Size
    11,063 SF

    HighLights

    • High‑visibility University Avenue frontage.
    • Ample parking with street and structured options.
    • PF (Public Facilities) zoning permits diverse commercial uses.
    • Expansive ±2,644 SF courtyard ideal for outdoor seating.
    Property Profile Location Intelligence

    Current Use by Public Records

    HanaHaus Palo Alto Coworking Space SF Money Coach Financial Consultant Venture Wires Investment Service Blue Bottle Coffee Coffee Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Food Market Clothing Store Grocery Store

    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
    -122.1596698
    Latitude
    37.4476392

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    FAQs

    What type of property is this?
    Retail property - Prime Palo Alto retail, multiple suites available.
    Where is this retail property located?
    The property is located at 456 University Ave Palo Alto, CA.
    What are key features of this property?
    This property features: High-visibility University Avenue frontage.; Ample parking with street and structured options.; PF (Public Facilities) zoning permits diverse commercial uses.
    Request Owner's contact information
    456 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
    456 University Ave Palo Alto, CA 94301
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