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    Property profile & analytics

    451 University Ave Palo Alto, CA 94301-1814

    • Retail space
    • 6,950 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 07, 2023
    Location Intelligence
    Property ID
    US09-3339119
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 451 University Ave

    Year built
    1938
    Construction
    TILT-UP CONCRETE
    Lot size
    0.13 lot acres
    Property size
    6,950 SF
    Zone code
    CDCGF
    Property type
    Retail space
    APN
    120-15-018
    APU
    12015018

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Palo Alto
    County
    Santa Clara
    State
    California
    Longitude
    -122.16
    Latitude
    37.448
    CBSA code
    41940
    CBSA name
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $104,030
    $6,190,380
    $2,132,820
    $8,323,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5,250 SF

      379 University Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,250 SF
      379 University Ave, Palo Alto, CA 94301-1717
      View Details
    • Value Estimation by Request
      4,800 SF

      174 University Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,800 SF
      174 University Ave, Palo Alto, CA 94301-1631
      View Details
    • Value Estimation by Request
      15,030 SF

      340 University Ave

      RETAIL STORES (PERSONAL SERVICES) • 15,030 SF
      340 University Ave, Palo Alto, CA 94301-1715
      View Details
    • Value Estimation by Request
      4,400 SF

      532 Bryant St

      RETAIL STORES (PERSONAL SERVICES) • 4,400 SF
      532 Bryant St, Palo Alto, CA 94301-1703
      View Details
    • Value Estimation by Request
      4,177 SF

      544 Emerson St

      RETAIL STORES (PERSONAL SERVICES) • 4,177 SF
      544 Emerson St, Palo Alto, CA 94301-1607
      View Details
    • Value Estimation
      $325,000
      0.13 Acres

      Palo Alto, CA 94301

      RETAIL STORES (PERSONAL SERVICES) • 0.13 Acres
      Palo Alto, CA 94301
      View Details

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    451 University Ave
    Palo Alto, CA 94301-1814
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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