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Property profile & analytics
FOR LEASE
Office buildings
960 San Antonio Rd Palo Alto, CA 94303
Entity Owned
3-yr Hold
Free & Clear
Property ID
US09-1274254
For Lease
1 / 2
$7,135,000
960 San Antonio Rd, Palo Alto, CA 94303
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Construction
CONCRETE
Total area
12,512 SF
Lot
0.57 ac (24,620 SF)
Zoning code
GM
APN
147-01-106
UPID
US09-1274254
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
-
CheetahTalk Translation Service
-
Delphix Corporation (Bike/Boat/Book/etc) Store Corporate Office
-
Sugimura Intellectual Property Services, Inc. Law Firm
-
Scilex Holding Company Factory Production Facility
-
Cheetah Mobile America, Inc (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.23M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.14M
Owner & transaction history
Golden Gate Linens LLC · 3 yrs held
Golden Gate Linens LLC
since 2023
7 recorded transactions
Zoning & alternative use
GM · 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%
$7,825,000
6.5%
$7,225,000
7%
$6,705,000
Blend value · Realmo final
$7.14M
Range $6.42M – $7.85M · ±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
$570 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$14,457,398
Assessed 2023
Previous assessed
$14,173,920
+2.0% YoY
Assessed land
$6,970,680
Assessed improvement
$7,486,718
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
For Lease
Year built
2002
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
2
Units
2
Total area
12,512 SF
Lot
0.57 ac (24,620 SF)
Zoning code
GM
APN
147-01-106
UPID
US09-1274254
Jurisdiction
SANTA CLARA
Zoning & alternative use
GM · Palo Alto, CA
Zoning GM · permitted uses
GM · 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
2002
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
2
Lot
0.57 ac
Current owner
From public records · entity-resolved
Golden Gate Linens LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1390 N MCDOWELL BLVDG234, PETALUMA, CA 94954-1188
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2023
—
Golden Gate Linens LLC
Pa San Antonio 960 LLC
Grant Deed
—
Jul 7, 2020
$13,896,000
Pa San Antonio 960 LLC
960 San Antonio LLC
Grant Deed
$6,948,000 · First Republic Bank
Feb 15, 2019
—
960 San Antonio LLC
—
Deed
related
$4,572,869 · Summit Nv LLC
Sep 20, 2018
$6,350,000
960 San Antonio LLC
Purissima Properties LLC
Grant Deed
—
Sep 2, 2011
$3,200,000
Pragtips Properties LLC
Black Mountain Holdings LLC
Grant Deed
$1,605,500 · Bridge Bank National Association
May 12, 2006
—
Black Mountain Holdings LLC
D & M Ventures
Grant Deed
—
Nov 23, 1999
—
Ventures
Doyas,elaine N
Grant Deed
$2,588,000 · Housing Capital Co
Jan 5, 1998
$227,500
Doyas,elaine N
Dunster,lillian M
Trustees Deed
—
—
—
Elaine N Doyas
—
Deed Of Trust
related
$637,000 · Union Bank Of California
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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