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Property profile & analytics
OFF-MARKET
Office Spaces

471 Emerson St Palo Alto, CA 94301

7,519 SF
Property ID
Property summary
AI-generated overview

This exceptional 2,992 square foot office space is located in the heart of Downtown Palo Alto, boasting a prestigious address at 471 Emerson Street, between University Avenue and Lytton. Historically significant as the first Palo Alto office building occupied by Facebook, this traditional office building offers a unique opportunity. The space includes one private office (with the potential for expansion), two well-appointed conference rooms, a spacious open workspace area perfect for collaboration, a private phone booth for focused work, a convenient kitchen area, and two bathrooms. The unit features tenant-controlled HVAC for optimal comfort. While the building itself does not offer on-site parking, ample public parking is readily available in the immediate vicinity. The minimum divisible space is 2,992 square feet, making it ideal for a single tenant seeking a well-equipped and historically significant office in a highly desirable location. The total building size is 7,519 square feet, and the property's APN is 120-26-021. This is a rare opportunity to secure a piece of Palo Alto's tech history in a vibrant and convenient downtown setting.

Property profile
Verified
Property type Office Spaces
Total area 7,519 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Facebook’s First Office Plaque Resort
  • Myhelpyou Tech Support Center (Bike/Boat/Book/etc) Store
  • Aspect Ventures Bank Credit Union
  • Shoreline Venture Partners Financial Advisor
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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