435 Tasso StPalo Alto, CA 94301
- Office properties
- 31,317 SF
Property Details for 435 Tasso St
- Year built
- 1984
- Construction
- STEEL FRAME
- Lot size
- 0.32 AC
- Property size (Sq ft)
- 31,317 SF
- Zone code
- CDC
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 120-03-025
- APU
- 12003025
Description
This exceptional Class A office building, located at 435 Tasso Street in the heart of Downtown Palo Alto, California, offers a unique opportunity for businesses seeking premium workspace. The three-story building boasts a total of 31,317 square feet, with 27,196 square feet currently available for lease. Multiple tenancy options are available, ranging from a minimum of 1,291 square feet to a maximum contiguous space of 4,765 square feet, accommodating a variety of business needs and sizes. The building is professionally managed and features convenient on-site underground parking (one space total). Its prime location provides easy access to public transportation, with Caltrain just 0.6 miles away. Energy efficiency is a key feature, as the building holds an Energy Star qualification. High-speed internet access is readily available through multiple providers including Comcast Business, Cogent, AT&T, and City of Palo Alto Dark Fiber. This boutique building in Santa Clara County, zip code 94301, offers a sophisticated and productive work environment in a highly desirable location, near University Avenue. The property is categorized as Executive Office, Traditional, and Professional, making it suitable for a range of businesses.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $15,884,738
- 6.5%
- $14,662,835
- 7%
- $13,615,490
-
Comparable approach
- Method
- Valuation
- Relative Method
- $16,011,817
- Geo Method
- $8,734,624
-
Alternative Use
- Use
- Valuation
- Residential
- $18,181,916
- Hospitality
- $16,654,537
- Educational
- $13,856,379
- Medical
- $14,332,921
- Retail
- $21,554,368
Location Insight
- City
- Palo Alto
- County
- Santa Clara
- State
- California
- Latitude
- 37.4494
- Longitude
- -122.159
- 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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