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Property profile & analytics
OFF-MARKET
Estimated value
$39,395,000
Retail space
4329 El Camino Real Palo Alto, CA 94306-4407
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US09-3787222
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2015
Total area
111,585 SF
Lot
1.71 ac (74,488 SF)
Zoning code
C3S
APN
148-09-026
UPID
US09-3787222
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
-
Homewood Suites by Hilton Palo Alto Hotel & Motel Vacation Rental
-
Tesla Destination Charger Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$46.37M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$39.40M
Owner & transaction history
Harish Ramachandraiah · 12 yrs held
Harish Ramachandraiah
since 2014
5 recorded transactions
Zoning & alternative use
C3S · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$50,235,000
6.5%
$46,370,000
7%
$43,060,000
Blend value · Realmo final
$39.40M
Range $35.46M – $43.33M · ±10%
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
$353 / 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
$544,023
Tax year 2024
Assessed value
$47,574,703
Assessed 2024
Previous assessed
$47,574,703
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$9,000,180
Assessed improvement
$38,574,523
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2015
Heating
NONE
Stories
4
Units
138
Total area
111,585 SF
Lot
1.71 ac (74,488 SF)
Zoning code
C3S
APN
148-09-026
UPID
US09-3787222
Jurisdiction
SANTA CLARA
Zoning & alternative use
C3S · Palo Alto, CA
Zoning C3S · permitted uses
C3S · 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
2015
Heating
NONE
Stories
4
Units
138
Lot
1.71 ac
Current owner
From public records · entity-resolved
Harish Ramachandraiah
Individual
Mailing address
PO BOX 92129, SOUTHLAKE, TX 76092-0102
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2025
—
Palo Alto Bowl LLC
—
Deed
related
$34,000,000 · New York Life Insurance Company A New Yo
Jul 29, 2022
—
Palo Alto Bowl LLC
—
Deed
related
$35,000,000 · New York Life Insurance Company
Mar 5, 2014
$1,614,250
Harish Ramachandraiah
Monroe Place LP
Grant Deed
$1,291,466 · Wells Fargo Bank NA
May 9, 2007
$14,850,000
Palo Alto Bowl LLC
Castens Of Palo Alto
Grant Deed
related
$12,860,000 · Bank Of America
—
—
George P Casten INC
—
Deed Of Trust
related
$3,150,000 · Bank Of Marin
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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