Financial
Distress signals
Property profile

400 Frst Ave Palo Alto, CA 94301

OFF-MARKET
Office buildings
Property ID
US09-3370717
9,600 SF 0.46 ac lot Built 1975
Last sale Feb 2017 · $1,850,000
Individually Owned Owner of record is an individual. 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$86k
Tax billed · 2024
Assessed value$7.24M
Assessed land$3.30M
Assessed improvement$3.94M
Effective rate1.19%

Value estimate

· Sep 2026
$5.12M
$4.60M – $5.63M
CAP approach$5.54M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$1,195/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$383 – $1,641
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RM40
JurisdictionSANTA CLARA

Location intelligence

Which uses thrive at this corner?
Best fit: Food Market
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Food Market13.0
Barber Shop11.0
Convenience Store10.8

Location

400 Frst Ave Palo Alto, CA 94301-2608
County assessor Recorded deeds · 4 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
472 University, Palo Alto, CA 94301-1812 $1,236,000 Dec 2025 9,300 SF
540 University, Palo Alto, CA 94301-1919 $12,800,000 Jun 2024 15,000 SF
314 Lytton, Palo Alto, CA 94301-1430 $12,500,000 Jul 2023 8,366 SF
384 University, Palo Alto, CA 94301-1715 $17,225,000 Aug 2022 14,400 SF
431 Waverley, Palo Alto, CA 94301-1719 $36,000,000 Apr 2022 15,599 SF
616 Ramona, Palo Alto, CA 94301-2577 $9,900,000 Oct 2021 7,546 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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