Property profile

2197 Bayshore Rd East Palo Alto, CA 94303

OFF-MARKET
Other industrial properties
Property ID
US09-0880168
21,738 SF 1.66 ac lot Built 1955
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a stand-alone 23,000-square-foot facility in East Palo Alto, California, configured for research and development uses. It includes lab spaces with finished ceiling heights of approximately 9 feet above the finished floor and an air-handling system delivering 1.5 CFM with single-pass air across the rentable square footage. The building is served by heavy electrical capacity, including a 2,000-amp, 277/480-volt, 3-phase, 4-wire electrical service, and features 2 roll-up doors for access. Interior amenities include a café area and a designated break area. On-site power backup is provided via an emergency generator, and the property has parking with a stated ratio of 3.1 spaces per 1,000 square feet, including 4 EV charging stations.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1955
Construction TILT-UP CONCRETE
Total area 21,738 SF
Lot 1.66 ac (72,309 SF)
Zoning code ROLM
APN 008-02-031
UPID US09-0880168

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
  • Housing Society
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Construction Company General Contractor

Location

2197 Bayshore Rd East Palo Alto, CA 94303-3219
East Palo Alto metro Census 504601 SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2021
Last sale
$16.9M
3 recorded transactions
2021
$16.9M
2000
Price N/A
1995
Price N/A

Zoning & alternative use

ROLM · East Palo Alto, CA

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2197 Bayshore Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message