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Property profile & analytics
OFF-MARKET
Estimated value
$6,715,000
Office buildings
167 Hamilton Ave, Palo Alto, CA 94301-1643
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0093297
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Construction
TILT-UP CONCRETE
Total area
15,285 SF
Lot
0.11 ac (5,000 SF)
Zoning code
CDCGP
APN
120-26-085
UPID
US09-0093297
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
-
Mendocino Farms Take-out & Catering Catering Service
-
Graphcore, Inc. Corporate Office
-
Dorsey & Whitney LLP Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.83M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.72M
Owner & transaction history
167 Hamilton LLC · 19 yrs held
167 Hamilton LLC
since 2007
7 recorded transactions
Zoning & alternative use
CDCGP · Palo Alto, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Palo Alto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palo Alto submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$9,560,000
6.5%
$8,825,000
7%
$8,195,000
Blend value · Realmo final
$6.72M
Range $6.04M – $7.39M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$439 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$119,288
Tax year 2024
Assessed value
$8,767,742
Assessed 2024
Previous assessed
$8,767,742
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$3,809,203
Assessed improvement
$4,958,539
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1983
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
4
Units
5
Total area
15,285 SF
Lot
0.11 ac (5,000 SF)
Zoning code
CDCGP
APN
120-26-085
UPID
US09-0093297
Jurisdiction
SANTA CLARA
Zoning & alternative use
CDCGP · Palo Alto, CA
Zoning CDCGP · permitted uses
CDCGP · Palo Alto, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palo Alto. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
4
Units
5
Lot
0.11 ac
Current owner
From public records · entity-resolved
167 Hamilton LLC
Entity
Mailing address
975 HIGH ST, PALO ALTO, CA 94301-2423
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2018
—
167 Hamilton Investors LLC
—
Deed
related
$6,750,000 · Business Bk/whatcom Cnty
Jan 17, 2007
—
167 Hamilton LLC
167 Hamilton LLC
Quit Claim Deed
$4,051,000 · The Private Bank Of The Peninsula
Jan 27, 2006
—
167 Hamilton LLC
167 Hamilton LLC
Quit Claim Deed
related
—
Nov 22, 2005
—
167 Hamilton LLC
Hamilton Associates
Quit Claim Deed
$3,000,000 · First Republic Bank
Jan 26, 1995
—
Murray Trust
Murray,alan & Dolores
Quit Claim Deed
related
—
Jan 26, 1995
$752,000
Sickler Trust
Murray Trust
Trustees Deed
related
—
Dec 10, 1993
—
John&claudette,zingheim Trust
Zingheim,j.&c.
Quit Claim Deed
related
—
Jul 29, 1992
—
K&gail Sickler Trust
Sickler,k.&g.
Quit Claim Deed
related
—
—
—
167 Hamilton Investors LLC
—
Loan Modification
related
$6,750,000 · Business Bk/whatcom Cnty
—
—
Hamilton Associates
—
Deed Of Trust
related
$925,000 · Great Northern Insured Annuity
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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