Property profile

991 Commercial St Palo Alto, CA 94303

FOR LEASE
Day care centers
Saved see the list in your Dashboard
Property ID
US10-2999327
4,485 SF 0.35 ac Built 1959
Last sale May 2026·$4,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional investment opportunity presents a portfolio of three daycare facilities located in Palo Alto, California, near Google's headquarters. The properties are offered as a 1031 exchange eligible portfolio, providing a compelling tax-advantaged investment strategy. Each facility operates under a long-term, absolute triple-net (NNN) lease with Bright Horizons Family Solutions, a publicly traded company (NYSE: BFAM), the nation's largest daycare operator, ensuring stable and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$17k
Tax billed · 2024
Assessed value$1.33M
Assessed land$746k
Assessed improvement$588k
Effective rate1.26%

Value estimate

· Nov 2026
$385k
$347k – $424k
AI approach$395k
NOI build-up
Gross scheduled income$263k
Vacancy & credit loss−$43k
Operating expenses−$55k
NOI$165k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$794/SF
County average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$244 – $1,160

Cap rate analysis

How does the asset earn?
$165k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GM
The GM general manufacturing district provides for light manufacturing, research, and commercial service uses. Office uses are very limit...
General categoryINDUSTRIAL
JurisdictionSANTA CLARA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency26.5
Dental Office20.8
Wholesale Shop17.3

Location

991 Commercial St Palo Alto, CA 94303
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file 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

10 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
3 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?