Technical
Financial
Distress signals
Property profile

Menlo Park, CA 94025

OFF-MARKET
Parking lots & garages
Property ID
US09-3927754
0.56 ac lot
Individually Owned Free & Clear
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Property summary

AI-generated overview

The property is located in downtown Menlo Park on an approximately 5,249 sq. ft. lot and consists of an existing 4,000 sq. ft building. It is situated in the “Downtown/Station Area Retail/Mixed Use” zoning/land use designation, which allows a range of uses including office, retail/mixed-use, residential, and food and beverage; a zoning overlay with a 2.0 FAR would allow development of a new two-story building totaling up to approximately 10,500 sq. ft. The site includes six on-site parking spaces plus additional street parking, with two city-owned parking lots nearby, and the Caltrain station is within walking distance (about 7 minutes) along with nearby services and amenities. The building has been used with tenants on month-to-month occupancy.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Lot 0.56 ac (24,262 SF)
APN 071-094-180
UPID US09-3927754

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Menlo Park, CA 94025
Menlo Park metro Census 612600 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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