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Property profile & analytics
OFF-MARKET
Estimated value
$23,350,000
Office buildings
3350 Bayshore Rd Palo Alto, CA 94303-4238
Entity Owned
Free & Clear
Property ID
US10-3061385
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Construction
WOOD
Total area
60,028 SF
Lot
4.08 ac (177,724 SF)
Zoning code
ROLM
APN
127-36-040
UPID
US10-3061385
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
-
Clariant Corporation Industrial Manufacturer Production Facility
-
Exai Bio Inc Corporate Office
-
Peak Bio, Inc Corporate Office
-
Avolonte Health LLC Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$23.35M
Owner & transaction history
3350 West Bayshore Property LLC
3350 West Bayshore Property LLC
since 2025
Last sale
$29.0M
3 recorded transactions
Zoning & alternative use
ROLM · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$389 / 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
$249,449
Tax year 2024
Assessed value
$20,848,630
Assessed 2024
Previous assessed
$20,848,630
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$9,702,765
Assessed improvement
$11,145,865
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
WOOD
Heating
NONE
Cooling
YES
Stories
2
Total area
60,028 SF
Lot
4.08 ac (177,724 SF)
Zoning code
ROLM
APN
127-36-040
UPID
US10-3061385
Jurisdiction
SANTA CLARA
Zoning & alternative use
ROLM · Palo Alto, CA
Zoning ROLM · permitted uses
ROLM · 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
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Lot
4.08 ac
Current owner
From public records · entity-resolved
3350 West Bayshore Property LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 847, CARLSBAD, CA 92018-0847
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2025
$29,000,000
3350 West Bayshore Property LLC
Are-san Francisco No 18 LLC
Grant Deed
—
Jan 26, 2005
—
Are-san Francisco 18 LLC
Palo Alto Bayshore Invtrs LLC
Grant Deed
—
Mar 25, 1997
—
Palo Alto Bayshore Inv LLC
Menio Palo Alto Investors
Quit Claim Deed
$8,000,000 · Mid Peninsula 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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