Santa Clara County  »  94301  »  Middlefield Rd  »  535 Middlefield Rd

535 Middlefield Road, Palo Alto, CA 94301 - Property report

Also known as: 535 Middlefield Rd

Property image for 535 Middlefield Road, Palo Alto, CA 94301
static Mapbox map

Property type

Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings) (59)

Year built

1956

Acreage

0.36

Sale price

$15,950,000

General Information

Address
Primary address
535 Middlefield Rd
Palo Alto, CA 94301
Zip code
94301
Neighborhood
Crescent Park
County
Santa Clara
Municipality
Palo Alto
Parcel ID
003-02-048

Owner

Find out who owns 535 Middlefield Road, Palo Alto, CA 94301. Uncover corporate and individual owners with a free account.

Sales
Sale date
05/27/2026
Sale price
$15,950,000
Arm's length
Tax
Tax year
2025-2026
Property tax
$119,556
Building
Property type
Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings)
Building sq. ft.
8,222
Stories
2
Year built
1956
Lot
Acreage
0.36
Lot sq. ft.
15,750
Zoning & use
Zoning
Qualified opportunity zone
Units
27

Area overview

Walk score
86 /100.  Very Walkable
Transit score
49 /100.  Some Transit
Bike score
89 /100.  Very Bikeable
Ownership

Ownership information for 535 Middlefield Road, Palo Alto, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 535 Middlefield Road, Palo Alto, CA 94301

Sale date Sale price Buyer name Seller name
05/27/2026 $15,950,000 XXXXXXXX XXX XXX XXXXXXXXXXX XXXX XX
12/17/2019 $9,100,000 XXXXXXXXXXX XXXX XX XXXXXX XXXXXXXX XXXXXXXXX

*Most recent sales on record for this property.

More about Santa Clara County property records.

Title documents

Date Type Amount Party 1 Party 2
06/02/2026 Reconveyance XXXXXXXXXXX XXXX XX
05/27/2026 Ucc - Financing Statement XXXXXXXX XXX XXX XXX XXXX XXX X X
05/27/2026 Assignment of Rents and Leases XXXXXXXX XXX XXX XXX XXXX XXX X X
05/27/2026 Agreement
Deed of Trust		 XXXXXXXX XXX XXX XXX XXXX XXX X X
05/27/2026 Grant Deed XXXXXXXXXXX XXXX XX XXXXXXXX XXX XXX
05/15/2023 Release XXXXXXX XXXXXXXXX XXXXXX XXXXXXXXXXX XXXX XX
08/21/2020 Assignment of Rents and Leases
Deed of Trust		 XXXXXXXXXXX XXXX XX XXXXXXXX, X XXXXXX X XXXXXXX
12/17/2019 Grant Deed XXXXXX XXXXXXXX XXXXXXXXX XXXXXXXXXXX XXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 535 Middlefield Road, Palo Alto, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$119,556
Recent tax assessments
Market value
$9,952,177
Land value
$9,624,084
Building value
$328,093

More about Santa Clara County property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $9,952,177 1.2013 $119,556 +4.35%
2024-2025 $9,757,037 1.1743 $114,577 +1.47%
2023-2024 $9,565,723 1.1804 $112,914 +1.13%
2022-2023 $9,378,161 1.1905 $111,647 +2.01%
2021-2022 $9,194,276 1.1904 $109,449 +2.17%
2020-2021 $9,100,000 1.17716 $107,122 +2315.60%
2019-2020 $373,368 1.18772 $4,435 +3.74%
2018-2019 $363,103 1.1773 $4,275 +1.19%
2017-2018 $358,061 1.1798 $4,225 +0.94%
2016-2017 $357,051 1.1722 $4,185 +2.59%
Permits

Permit information for 535 Middlefield Road, Palo Alto, CA

Issued date Permit number Permit type Sub type Valuation Finaled date Status
03/20/2026
09/11/2025
09/11/2025
09/11/2025
09/11/2025

*Most recent permits on record for this property.

Neighborhood

Demographics by ZIP code

Total population
17,508
Median age
46.7
Average household income
$342,324
Family households
61.6%
People per household (average)
2.4
Occupied housing units
7,167
Owner-occupied units
53.0%
Median year structure built
1957
Median value mortgaged units
$2,000,001
Median value unmortgaged units
$2,000,001

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones
AH
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 535 Middlefield Road, Palo Alto, CA 94301 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Neighbors for 535 Middlefield Road, Palo Alto, CA

359 Middlefield Rd, Palo Alto 782 Palo Alto Ave, Palo Alto 401 Fulton St, Palo Alto 336 Fulton St, Palo Alto 772 Palo Alto Ave, Palo Alto 434 Guinda St, Palo Alto 319 Middlefield Rd, Palo Alto 328 Fulton St, Palo Alto 320 Fulton St, Palo Alto 740 Everett Ave, Palo Alto 771 Lytton Ave, Palo Alto 798 Palo Alto Ave, Palo Alto 760 Lytton Ave, Palo Alto 328 Guinda St, Palo Alto 443 Fulton St, Palo Alto 771 Hamilton Ave, Palo Alto 732 Lytton Ave, Palo Alto 225 Fulton St, Palo Alto 758 Everett Ave, Palo Alto 240 Fulton St, Palo Alto

Nearby ZIP codes for 535 Middlefield Road, Palo Alto, CA

94022, Santa Clara County, CA 94024, Santa Clara County, CA 94041, Santa Clara County, CA 94043, Santa Clara County, CA 94303, Santa Clara County, CA 94305, Santa Clara County, CA 94555, Alameda County, CA 94560, Alameda County, CA

Frequently asked questions

What is the year built for 535 Middlefield Road, Palo Alto, CA 94301?

The development at 535 Middlefield Road, Palo Alto, CA 94301 was built in 1956.

What is the market value of 535 Middlefield Road, Palo Alto, CA 94301?

The current market value of 535 Middlefield Road, Palo Alto, CA 94301 is $9,952,177.

What is the total square footage of 535 Middlefield Road, Palo Alto, CA 94301?

535 Middlefield Road, Palo Alto, CA 94301 has a total of 8,222 square feet.

What is the price per square foot for this property?

$1,939 per square foot is the price for 535 Middlefield Road, Palo Alto, CA 94301.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 27.

How many active listings does 535 Middlefield Road, Palo Alto, CA 94301 have?

This address has 3 active listing(s).

Disclaimer

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