1900 Embarcadero RdPalo Alto, CA 94303

Property Details for 1900 Embarcadero Rd

Year built

1974

Lot size

1.14 AC

Property size (Sq ft)

19,500 SF

Zone code

ROLM

Property type

Office properties

Property subtype

Office buildings

APN

008-03-071

APU

803071

Description

This exceptional two-story executive office building, totaling 25,303 square feet, is situated on a 1.14-acre lot (49,658 sq ft) in desirable Palo Alto, CA (94303). Built in 1974 and renovated in 2010, the property boasts a single-tenant occupancy, offering immediate possession of the entire space. The building features 75 parking spaces (a ratio of 2.96 per 1,000 square feet), ample power (1,200 amps @ 120/208v), and elevators for convenient access. Its strategic location across from the Baylands Golf Links and Palo Alto Airport provides excellent visibility and accessibility. The property is zoned ROLM (E) (D) (AD) in Santa Clara County (APN: 008-03-071), presenting potential for various uses, including redevelopment, subject to obtaining necessary permits and entitlements. The current configuration offers a unique opportunity for an owner-user or investor seeking to reposition or redevelop a significant property in a prime Palo Alto location. The building's existing infrastructure provides a solid foundation for future plans.

• CAP approach

  CAP return

  Valuation

  6%

  $12,112,758

  6.5%

  $11,181,008

  7%

  $10,382,364

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,444,006

  Geo Method

  $5,438,745

• Alternative Use

  Use

  Valuation

  Residential

  $13,864,450

  Hospitality

  $12,699,761

  Educational

  $10,566,052

  Medical

  $10,929,435

  Retail

  $16,436,081

Location Insight

City

Palo Alto

County

Santa Clara

State

California

Latitude

37.4531

Longitude

-122.113

CBSA code

41940

CBSA name

SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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