450 Sheridan AvePalo Alto, CA 94306

Property Details for 450 Sheridan Ave

Year built

1966

Construction

TILT-UP CONCRETE

Lot size

0.33 AC

Property size (Sq ft)

2,086 SF

Zone code

PC

Property type

Office properties

Property subtype

Office buildings

APN

132-36-031

APU

13236031

Description

This exceptional 2,100 square foot executive office suite is ideally located at 450 Sheridan Avenue in Palo Alto, California, 94306. The property is a single-tenant space, offering complete privacy and control. The building is classified as Class B and boasts ample parking with 18 spaces available for tenants and their guests. The entire 2,100 square feet is currently vacant and ready for immediate occupancy. This presents a unique opportunity for a business seeking a well-situated, spacious office in the heart of Palo Alto's thriving business district. The property's location in Santa Clara County provides easy access to major transportation arteries, making commuting convenient for employees and clients alike. The address, 450 Sheridan Avenue, offers a prestigious business address within a well-established area. This single-tenant occupancy ensures a quiet and productive work environment, free from the distractions of shared spaces. The suite's size is perfectly suited for a variety of businesses, from small startups to established companies requiring a dedicated and private workspace. The abundance of parking is a significant advantage in a location where parking can often be a challenge. This turnkey office space is ready for immediate move-in, allowing businesses to focus on their operations without the delays associated with renovations or build-outs. Interested parties are encouraged to inquire promptly.

• CAP approach

  CAP return

  Valuation

  6%

  $1,295,755

  6.5%

  $1,196,081

  7%

  $1,110,647

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,010,266

  Geo Method

  $581,806

• Alternative Use

  Use

  Valuation

  Residential

  $1,483,141

  Hospitality

  $1,358,549

  Educational

  $1,130,297

  Medical

  $1,169,169

  Retail

  $1,758,239

Location Insight

City

Palo Alto

County

Santa Clara

State

California

Latitude

37.4242

Longitude

-122.143

CBSA code

41940

CBSA name

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

Property Tax & Assessments

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