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Property profile

616 Ramona St Palo Alto, CA 94301

OFF-MARKET
Office buildings
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Property ID
US09-0670904
7,546 SF 0.12 ac Built 1962
Last sale Jun 2026·$9,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$130k
Tax billed · 2024
Assessed value$10.30M
Assessed land$7.20M
Assessed improvement$3.10M
Effective rate1.26%

Value estimate

· Nov 2026
$9.96M
$8.96M – $10.96M
AI approach$8.34M
Submarket $/SF estimate$12.38M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$1,195/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$383 – $1,641

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CDCP
JurisdictionSANTA CLARA

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store11.3
Barber Shop10.2
Storage Facility9.2

Location

616 Ramona St Palo Alto, CA 94301-2577
County assessor Recorded deeds · 11 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
472 University, Palo Alto, CA 94301-1812 $1,236,000 Dec 2025 9,300 SF
127 Lytton, Palo Alto, CA 94301-1045 $4,000,000 Dec 2023 4,650 SF
314 Lytton, Palo Alto, CA 94301-1430 $12,500,000 Jul 2023 8,366 SF
575 Middlefield, Palo Alto, CA 94301-2150 $900,000 Jul 2022 4,470 SF
137 Frst, Palo Alto, CA 94301-1613 $7,000,000 Dec 2021 4,531 SF
635 High, Palo Alto, CA 94301-1626 $4,450,000 Nov 2021 4,996 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $4,760,000
    8,162 SF
    260 Homer Ave Ste, Unit 202
    OFFICE BUILDING
    260 Homer Ave Ste, Palo Alto, CA 94301-2777
    View Details
  • Value Estimation
    $3,940,000
    9,115 SF
    543 Cowper St
    OFFICE BUILDING
    543 Cowper St, Palo Alto, CA 94301
    View Details
  • Value Estimation
    $5,115,000
    9,600 SF
    400 Frst Ave
    OFFICE BUILDING
    400 Frst Ave, Palo Alto, CA 94301-2608
    View Details
  • Value Estimation
    $5,465,000
    13,301 SF
    100 Frst Ave
    OFFICE BUILDING
    100 Frst Ave, Palo Alto, CA 94301-1612
    View Details
  • Value Estimation
    $1,245,000
    3,626 SF
    540 Emerson St
    OFFICE BUILDING
    540 Emerson St, Palo Alto, CA 94301-1607
    View Details
  • Value Estimation
    $6,480,000
    18,000 SF
    533 Cowper St
    OFFICE BUILDING
    533 Cowper St, Palo Alto, CA 94301
    View Details

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Similar Nearby for Lease

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    Office space available for rent in Palo Alto, CA.
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    Office space is available for lease in Palo Alto with a flexible suite size range.
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  • New
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    For lease office space totaling 5,118 square feet; contact the agent for more information.
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  • New
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    4,750 sqft
    Downtown Stand-Alone Office Building
    Standalone downtown office building with skylights, mostly furnished sit/stand workstations, and two on-site parking spaces.
    636 Ramona Street, Palo Alto, CA 94301
    View Details
  • Contact for pricing
    4,228 sqft
    Single-Tenant Office Building
    Single-tenant office building with open layout, high ceilings, and skylights, plus a mezzanine workspace and on-site parking.
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  • Contact for pricing
    7,862 sqft
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    Flexible office layout combines open work areas with private offices in downtown Palo Alto.
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