Commercial Real Estate in Palo Alto | Reonomy

Commercial Real Estate in Palo Alto

Unlock property data on 3,497 commercial properties in Palo Alto. Search through Palo Alto property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Popular searches around Palo Alto

Reonomy attracts a large community of Palo Alto commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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Palo Alto commercial real estate sold prices and values

Values and sold prices (last 24 months) United States California Palo Alto
Average price/sqft $902 $1,120 $3,501
Average sold price $977,667 $3,690,285 $12,304,629
Median sold price $198,430 $518,760 $4,567,000
Number of sales 2,619,546 157,254 78
Number of sales over $250k 1,116,847 115,124 76
Number of sales over $1m 252,938 48,120 73
Number of sales over $10m 34,725 8,560 26
Average total tax amount $7,209 $9,495 $39,557
Average assessed value $251,442 $817,427 $4,603,090
Average market value $357,014 $817,434 $4,603,090

Palo Alto commercial real estate property averages

Property averages United States California Palo Alto
Average lot size -- 703,787 sf 117,665 sf
Median lot size -- 14,199 sf 9,118 sf
Average building area -- 1,196 sf 776 sf
Median building area -- 182 sf 337 sf
Median year built -- 1963 1957
Average number of units -- 12 14
Median number of units -- 2 4

Palo Alto commercial real estate total supply

Supply United States California Palo Alto
Number of parcels 58,466,290 3,361,492 3,502
Aggregate lot acerage -- 52,906,881 7,305
Aggregate building area -- 607,211,924 sf 631,218 sf
Aggregate units -- 10,996,247 21,487

Palo Alto commercial real estate industrial mortgages

Debt United States California Palo Alto
Number of mortgages -- 6,476,118 7,858
Average value of mortgages -- $4,925,236 $11,454,495

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