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Property profile & analytics
FOR SALE
Retail space
643 Emerson St Palo Alto, CA 94301
Trust Owned
Absentee Owner
Free & Clear
Property ID
US09-1683040
For Sale
1 / 10
$6,500,000
643 Emerson St, Palo Alto, CA 94301
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1947
Construction
TILT-UP CONCRETE
Total area
5,590 SF
Lot
0.09 ac (4,100 SF)
Zoning code
CDC
APN
120-27-020
UPID
US09-1683040
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
-
Creators' Kitchen as Seen on TikTok Restaurant
-
Buca di Beppo Italian Restaurant Restaurant
-
Pardon My Cheesesteak Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.30M
Owner & transaction history
2000 Maxwell Family Trust
2000 Maxwell Family Trust
since 2026
7 recorded transactions
Zoning & alternative use
CDC · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$233 / 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
$13,631
Tax year 2024
Assessed value
$582,467
Assessed 2024
Previous assessed
$582,467
+0.0% YoY
Effective rate
2.34%
On assessed value
Assessed land
$199,920
Assessed improvement
$382,547
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
For Sale
Year built
1947
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
5,590 SF
Lot
0.09 ac (4,100 SF)
Zoning code
CDC
APN
120-27-020
UPID
US09-1683040
Jurisdiction
SANTA CLARA
Zoning & alternative use
CDC · Palo Alto, CA
Zoning CDC · permitted uses
CDC · 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
1947
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
2000 Maxwell Family Trust
Trust
Free & Clear · 0 yrs held
Mailing address
4159 CRESTHAVEN DR, WESTLAKE VILLAGE, CA 91362-4277
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2026
—
2000 Maxwell Family Trust
Margerite Maxwell
Deed
—
Apr 17, 2023
—
Claire E Savin
W Michael Savin
Intrafamily Transfer
related
—
Feb 1, 2023
—
Savin Holdings LP
W Michael Savin
Re-recorded Document
related
—
Jan 24, 2023
—
Savin Holdings LP
W Michael Savin
Re-recorded Document
related
—
Sep 20, 2022
—
Brigita M Silins
Brigita M Silins
Intrafamily Transfer
related
—
Jul 22, 2021
—
Brigita M Silins
Brigita M Silins
Intrafamily Transfer
related
—
Sep 14, 2018
—
Kabaluk,ernie S Trust
Kabaluk,ernie S
Affidavit Of Death
related
—
Sep 27, 2013
—
Savin Holdings LP
Savin Family Trust
Quit Claim Deed
related
—
Jul 19, 2013
—
Savin Holdings LP
Savin Family Trust
Quit Claim Deed
—
Dec 13, 2007
—
Savin William C Family Trust
Savin W C & R H Trust
Quit Claim Deed
related
—
Aug 13, 2007
—
Kabaluk Ernie S Trust
Kabaluk,ernie
Quit Claim Deed
related
—
Jan 13, 2000
—
Donald R Maxwell Trustee
Maxwell,donald R & Theresa M
Quit Claim Deed
related
—
Mar 18, 1998
—
Silins Trust
Silins,laimonis E
Quit Claim Deed
related
—
Feb 14, 1995
—
Savin Trust
Savin,william C & Ruth H
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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