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Property profile & analytics
OFF-MARKET
Estimated value
$1,335,000
Office buildings
425 Sherman Ave Palo Alto, CA 94306-1823
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0530100
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
TILT-UP CONCRETE
Total area
26,838 SF
Lot
0.23 ac (9,863 SF)
Zoning code
CC2
APN
124-33-065
UPID
US09-0530100
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
-
MotiveMetrics, Inc. (Bike/Boat/Book/etc) Store Corporate Office
-
Trustero (Bike/Boat/Book/etc) Store Corporate Office
-
Chicago Title Company Title Company Escrow Service
-
Peters Verny, LLP Law Firm
-
Town + Country Resources Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.43M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.34M
Owner & transaction history
Guslani Sherman Avenue LLC · 2 yrs held
Guslani Sherman Avenue LLC
since 2023
Last sale
$972,000
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
$980,000
ML approach
$1,425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.34M
Range $1.20M – $1.47M · ±10% · vs last sale $972k (Aug 11 2023)
Last sale anchor
$972k
Aug 11 2023
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
$50 / 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
$49,865
Tax year 2024
Assessed value
$4,148,334
Assessed 2024
Previous assessed
$4,148,334
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$265,186
Assessed improvement
$3,883,148
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
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
3
Units
4
Total area
26,838 SF
Lot
0.23 ac (9,863 SF)
Zoning code
CC2
APN
124-33-065
UPID
US09-0530100
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.
Building & site characteristics
From public records
Year built
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
3
Units
4
Lot
0.23 ac
Current owner
From public records · entity-resolved
Guslani Sherman Avenue LLC
Entity
Free & Clear · 2 yrs held
Mailing address
12790 NORMANDY LN, LOS ALTOS HILLS, CA 94022-4609
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2023
—
Guslani Sherman Avenue LLC
Christopher Paul Guslani
Intrafamily Transfer
related
—
May 3, 2023
—
Christopher Paul Guslani
Christopher P Guslani
Intrafamily Transfer
related
—
Feb 9, 2023
—
Frederick J Tiso
Frederick J Tiso
Intrafamily Transfer
related
—
Nov 14, 2022
—
Elisabeth M Tiso
Elisabeth M Tiso
Intrafamily Transfer
related
—
Nov 7, 2022
—
Elisabeth M Tiso
Elisabeth M Tiso
Intrafamily Transfer
related
—
May 22, 2017
—
Guslani 2017 Trust
Guslani,lawrence M
Quit Claim Deed
related
—
Jun 12, 2014
—
Suzanne Glick
Glick J Family 2000 Trust
Quit Claim Deed
related
—
Mar 5, 2004
—
Stratton,tr
Stratton,linda C
Quit Claim Deed
related
—
Jun 4, 2001
$972,000
Linda C Stratton
Guslani Trust
Grant Deed
—
Apr 22, 1999
—
Guslani Trust
Guzlani,christopher
Grant Deed
related
—
Feb 10, 1999
$165,500
Linda Stratton
Guslani Trust
Grant Deed
related
$165,393 · Seller
Jan 20, 1994
—
Tiso Trust
Tiso,john M & Ge
Quit Claim Deed
related
—
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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