Property profile

1032 Elwell Ct Palo Alto, CA 94303

OFF-MARKET
Office buildings
Property ID
US09-1284072
22,188 SF 1.06 ac lot Built 1970
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1970
Construction TILT-UP CONCRETE
Total area 22,188 SF
Lot 1.06 ac (46,173 SF)
Zoning code ROLM
APN 116-01-043
UPID US09-1284072

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Corporate Office
  • Corporate Office
  • Corporate Office
  • Courier Service

Location

1032 Elwell Ct Palo Alto, CA 94303-4321
Palo Alto metro Census 504601 SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$12.81M
Comparable Approach Comparable
by Request
Blend (final) Blend
$11.97M

Owner & transaction history

since 2014
6 recorded transactions
2014
Price N/A
2013
$1.7M
1995
Price N/A
1992
Price N/A
1992
$1.3M
1969
Price N/A

Zoning & alternative use

ROLM · Palo Alto, CA
Zoning description

The ROLM research, office and limited manufacturing district provides for a limited group of office, research and manufacturing uses in a manufacturing/research park environment, where uses requiring larger sites and ava…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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