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Property profile & analytics
FOR SALE
Retail space

2905 El Camino Real Palo Alto, CA 94306

6,400 SF 0.33 ac lot Built 1945
Entity Owned 4-yr Hold Free & Clear
Property ID
US09-2693961
Property summary
AI-generated overview

This exceptional 8,571-square-foot warehouse, located at 2905 El Camino Real in Palo Alto, California, presents a unique leasing opportunity. Situated in Santa Clara County, this single-tenant property offers a substantial footprint ideal for various industrial uses. The building is a single-story structure, providing convenient access and efficient workflow. With a total of 8,571 square feet of vacant space, the entire warehouse is readily available for immediate occupancy. Parking is ample, with a 1.75 parking ratio ensuring sufficient spaces for employees and visitors. The property's address is 2905 El Camino Real, Palo Alto, CA 94306, offering excellent visibility and accessibility within a thriving business community. This is a rare opportunity to secure a significant industrial space in a highly desirable location. The property is classified as industrial, with a warehouse subtype, and is ready for immediate lease. The zip code is 94306. The property's geographic coordinates are latitude 37.4227227 and longitude -122.1403164. This presents a compelling opportunity for businesses seeking a substantial and well-located warehouse in the heart of Silicon Valley.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1945
Construction WOOD
Total area 6,400 SF
Lot 0.33 ac (14,361 SF)
Zoning code CS
APN 132-37-033
UPID US09-2693961
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.13M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.41M
Owner & transaction history
2951 Ecr Pa LLC · 4 yrs held
2951 Ecr Pa LLC
since 2022
Last sale
$5.7M
5 recorded transactions
2022
$5.7M
2006
Price N/A
2001
$2.3M
1999
$1.5M
1995
$825,000
Zoning & alternative use
CS · Palo Alto, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $7.8M +30.8%
Neighborhood: shopping center $6.6M +10.5%
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