4155 El Camino WayPalo Alto, CA 94306
- Office properties
- 591 SF
Property Details for 4155 El Camino Way
- Year built
- 1987
- Construction
- WOOD
- Lot size
- 0.01 AC
- Property size (Sq ft)
- 591 SF
- Zone code
- CNRM
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 132-60-068
- APU
- 13260068
Description
This exceptional 640-square-foot medical office suite is ideally situated in Palo Alto, Santa Clara County, offering a prime location for various professional uses. Located off El Camino Real, this Class B building provides convenient access to public transportation and numerous amenities. The space is currently vacant and immediately available for lease. The monthly rent is $2,560 NNN, with a net operating expense of $1.75 per square foot per month. This all-inclusive rate simplifies budgeting and allows for easy financial planning. The suite is perfect for medical professionals, start-ups, or businesses offering personal or professional services. Ample parking is available, including both covered and street parking options, ensuring convenient access for clients and staff. The building features elevators for easy access to all floors. This is a rare opportunity to secure a well-located, move-in ready medical office space in a thriving area of Palo Alto. The minimum divisible space is 640 square feet, and the maximum contiguous space available is also 640 square feet. Don't miss this chance to establish your business in a highly desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $367,110
- 6.5%
- $338,871
- 7%
- $314,666
-
Comparable approach
- Method
- Valuation
- Relative Method
- $286,226
- Geo Method
- $164,836
-
Alternative Use
- Use
- Valuation
- Residential
- $420,199
- Hospitality
- $384,900
- Educational
- $320,233
- Medical
- $331,246
- Retail
- $498,140
Location Insight
- City
- Palo Alto
- County
- Santa Clara
- State
- California
- Latitude
- 37.4127
- Longitude
- -122.124
- CBSA code
- 41940
- CBSA name
- SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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