707 Menlo AveMenlo Park, CA 94025

  • Office properties
  • 0.52 AC
For Lease

Property Details for 707 Menlo Ave

Lot size
0.52 AC
Property type
Office properties
Property subtype
Office buildings
APN
071-288-610
APU
71288610

Description

This exceptional executive office suite, located at 707 Menlo Avenue in Menlo Park, California, offers 2,554 square feet of immediately available space within a 4,860 square foot building. The property boasts a highly desirable location in downtown Menlo Park, providing convenient access to a vibrant array of retail establishments, restaurants, and shopping options. The building features on-site parking with four spaces available for tenants. Commuters will appreciate the proximity to the Menlo Park CalTrain station, ensuring easy access to public transportation. The suite is part of a multi-tenant building, offering a professional and collaborative environment. The property is situated in San Mateo County, zip code 94025. This is a unique opportunity to secure a well-located, spacious office suite in a thriving business district. The address is 707 Menlo Ave, Menlo Park, CA 94025. The property type is office, specifically an executive office suite. The total building size is 4,860 square feet, with only one suite in the building. The vacant space totals 2,554 square feet, making it an ideal space for a business seeking immediate occupancy. The property's convenient location and ample parking make it an attractive option for businesses of all sizes.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,448,556
    6.5%
    $10,567,897
    7%
    $9,813,048
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,540,145
    Geo Method
    $6,295,278
  • Alternative Use

    Use
    Valuation
    Residential
    $13,104,193
    Hospitality
    $12,003,370
    Educational
    $9,986,663
    Medical
    $10,330,120
    Retail
    $15,534,809
707 Menlo Ave, Menlo Park, California

Location Insight

City
Menlo Park
County
San Mateo
State
California
Latitude
37.4511
Longitude
-122.183
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$49,516
$2,657,576
$1,581,887
$4,239,463
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FAQs

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