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Financial
Distress signals
Property profile

506 Santa Cruz Ave 510 Menlo Park, CA 94025

OFF-MARKET
Retail space
Property ID
US09-2322401
23,216 SF 0.36 ac lot Built 2021
Last sale Sep 2006
Individually Owned Owner of record is an individual. 20-yr Hold Held for 20 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A four-story, 8,732-square-foot building within a mixed-use development that also includes 506 and 556 Santa Cruz Avenue. The first floor is configured for retail use, the second floor for office use, and the third and fourth floors for residential units. Underground parking is accessed from the rear of the building. The property is LEED certified at the Gold level and includes two electric vehicle (EV) charging stations.

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.

Debts

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?
$375k
Tax billed · 2024
Assessed value$33.64M
Assessed land$6.56M
Assessed improvement$27.08M
Effective rate1.11%

Value estimate

· Oct 2026
$7.43M
$6.69M – $8.17M
CAP approach$9.12M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$509/SF
County average, outlier-cleaned · 208 recorded sales of this use type
Observed band · Q1–Q3$288 – $725
Qualifying comparables8

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?
CH00C4
JurisdictionSAN MATEO

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service12.4
Wholesale Shop10.9
Auto Parts Store9.6

Location

506 Santa Cruz Ave, Unit 510 Menlo Park, CA 94025-4375
County assessor Recorded deeds · 9 transfers 8 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
201 El Camino Real, Menlo Park, CA 94025-5236 $5,600,000 Dec 2025 5,880 SF
800 Oak Grv, Menlo Park, CA 94025-4477 $110,000 Dec 2025 11,000 SF
3282 Middlefield, Menlo Park, CA 94025-1860 $123,000 Mar 2025 12,000 SF
719 Santa Cruz, Menlo Park, CA 94025-4504 $4,200,000 Jun 2021 5,000 SF
780 Santa Cruz, Menlo Park, CA 94025-4514 $4,300,000 Mar 2021 4,692 SF
870 Santa Cruz, Menlo Park, CA 94025-4610 $18,100,000 Dec 2020 23,740 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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