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 LOCATION LOCATION This a a developers dream in the middle of Silicon Valley close to Stanford University and all major retail establishments. Major developments in the area are in planning stage and execution phase nearby.
The median home value in Palo Alto, CA is $949,500. This is lower than the county median home value of $1,450,100. The national median home value is $338,100. The average price of homes sold in Palo Alto, CA is $949,500. Approximately 44.45% of Palo Alto homes are owned, compared to 48.75% rented, while 6.8% are vacant. Palo Alto real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Palo Alto real estate agent to arrange a tour today!
Palo Alto, California 94303 has a population of 29,888. Palo Alto 94303 is more family-centric than the surrounding county with 43.69% of the households containing married families with children. The county average for households married with children is 38.78%.
The median household income in Palo Alto, California 94303 is $96,349. The median household income for the surrounding county is $140,258 compared to the national median of $69,021. The median age of people living in Palo Alto 94303 is 33.7 years.
The average high temperature in July is 79.6 degrees, with an average low temperature in January of 40.6 degrees. The average rainfall is approximately 17 inches per year, with 0 inches of snow per year.