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Property profile & analytics
OFF-MARKET
Estimated value
$4,585,000
Office buildings
2221 El Camino Real Palo Alto, CA 94306-1541
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-0376107
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Total area
3,985 SF
Lot
0.1 ac (4,356 SF)
Zoning code
CC2
APN
124-32-072
UPID
US09-0376107
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
-
Beverly Hills Plastic Surgeons (BHPS) Medical Clinic
-
Marketing Headquarter Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.71M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.59M
Owner & transaction history
Shaddy Canyon Family Office LLC · 3 yrs held
Shaddy Canyon Family Office LLC
since 2022
Last sale
$4.4M
7 recorded transactions
Zoning & alternative use
CC2 · 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
$4,835,000
ML approach
$4,705,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,845,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$4,095,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$4.59M
Range $4.13M – $5.04M · ±10% · vs last sale $4.40M (Sep 30 2022)
Last sale anchor
$4.40M
Sep 30 2022
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
$1,151 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$4,400,000
Assessed 2023
Previous assessed
$4,386,000
+0.3% YoY
Assessed land
$1,900,000
Assessed improvement
$2,500,000
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
2007
Heating
NONE
Cooling
YES
Stories
2
Total area
3,985 SF
Lot
0.1 ac (4,356 SF)
Zoning code
CC2
APN
124-32-072
UPID
US09-0376107
Jurisdiction
SANTA CLARA
Zoning & alternative use
CC2 · Palo Alto, CA
Zoning CC2 · permitted uses
CC2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.1M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.1 ac
Current owner
From public records · entity-resolved
Shaddy Canyon Family Office LLC
Entity
Mailing address
3963 SAGE RDG DR, YORBA LINDA, CA 92887-1211
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2022
$4,400,000
Shaddy Canyon Family Office LLC
Cjk2221 LLC
Grant Deed
—
Feb 27, 2020
$5,300,000
Cjk2221 LLC
Jisser Toufic & Eva Trust
Grant Deed
$4,000,000 · Jisser Toufic & Eva Trust (rt)
Aug 6, 2018
$4,625,000
Jisser,toufic & Eva Trust
Johnson-himsl LLC
Grant Deed
—
Oct 5, 2011
$2,992,000
Johnson-himsl LLC
2225 El Camino Real LLC
Grant Deed
related
—
Aug 31, 2006
—
2225 El Camino Real LLC
300 Deharo Street Investors
Grant Deed
—
Aug 31, 2006
$250,000
2225 El Camino Real LLC
World,greg
Grant Deed
—
Aug 18, 2006
—
2225 El Camino Real LLC
—
Trustees Deed
related
$1,500,000 · Mid Peninsula Bank
Aug 15, 2006
$316,545
2225 El Camino Real LLC
300 Deharo Street Investors
Grant Deed
—
Sep 23, 2004
$475,000
300 Deharo Street Investors
Baer James & Lucy Trust
Grant Deed
$175,000 · First American Exchange Corp
—
—
2225 El Camino Real LLC
—
Deed Of Trust
related
$1,600,000 · Mid Peninsula Bank
—
—
Johnson-himsl LLC
—
Deed Of Trust
related
$950,000 · Union Bank
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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