$5,525,000
$6,500,000
15.0%For more information regarding the value of a property, please contact us for a free consultation.
0.67 Acres Lot
SOLD DATE : 01/21/2025
Key Details
Sold Price $5,525,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81950979
Sold Date 01/21/25
HOA Y/N No
Year Built 1975
Lot Size 0.670 Acres
Property Description
Owner-occupied industrial building located on San Antonio Road. This is an excellent opportunity for a commercial user to purchase their own real estate, or for a developer to build a residential project. The site is in a corridor that is part of the Housing Incentive Program and has also been included in the list of Residential Opportunity Sites in the city's 2023-2031 Housing Element. San Antonio Road is a primary traffic carrier in Palo Alto; more than 32,000 vehicles pass the site each day. The site is about one-half mile from an interchange with US Highway 101, providing excellent regional access.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning Service Commercial
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Utilities Available Natural Gas Available
Roof Type Flat
Total Parking Spaces 20
Building
Story 1
Water Public
Others
Tax ID 14705091
Financing Cash
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Bought with RECIP