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

555 Middlefield Road, Palo Alto, CA 94301 Property Information

555 Middlefield Road, Palo Alto, CA 94301 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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555 Middlefield Road, Palo Alto, CA 94301
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Address

Primary address 555 Middlefield Road, Palo Alto
Zip code 94301
County Santa Clara
Neighborhood Crescent Park
Parcel ID 003-02-048

Sales & Tax Overview for 555 Middlefield Road, Palo Alto

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 12/17/2019
Sale price $9,100,000
Arm's length
Property tax $119,556

Lot & Building Information for 555 Middlefield Road, Palo Alto

Building sqft 8,222
Building class Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings) (59)
Acreage 0.36
Lot sqft 15,750
Units 27
Year built 1956
Stories 2
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district

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Other Property Data for 555 Middlefield Road, Palo Alto

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  • • Improvements for 555 Middlefield Road, Palo Alto , including their type, square footage, grade and when they were built.
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About 555 Middlefield Road, Palo Alto

How many sq. ft. does 555 Middlefield Road, Palo Alto, CA 94301 have & what is the price per sq. ft?

This Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings) (59) located at 555 Middlefield Road, Palo Alto, CA 94301 has a total of 8,222 square feet and a current price per square foot of $1,106.

What is the year built & the current market value of 555 Middlefield Road, Palo Alto, CA 94301?

555 Middlefield Road, Palo Alto, CA 94301 was built in 1956 and has a current tax assessor's market value of $9,952,177.

How many commercial spaces does this building have?

This building has 27 commercial spaces available for lease. There are 4 active listings at this address.

Ownership Information

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Spaces for Lease in 555 Middlefield Road, Palo Alto

No photo available
555 Middlefield Rd
Listing type For Lease
Listing date 03/02/2026
Last updated 04/29/2026
Lot size 0.36 Acre
View Listing
Spaces
Suite name Space type Lease rate Available space Brokers
Space Available Medical Office $87/Sqft/Year 988 Eric Rafia
Ground Floor General Office Listing price not available 2,350 Jack Spallino
Rare Dental Office in Downtown Palo Alto
Listing type For Lease
Listing date 12/15/2025
Last updated 04/18/2026
Lot size 0.36 Acre

AA555 Middlefield Road is an exceptional dental opportunity in the heart of Palo Alto, one of the most affluent and supply-constrained markets in Silicon Valley. The property benefits from outstanding visibility and accessibility along Middlefield Road, with immediate proximity to Stanford University, Stanford Health Care, and Lucile Packard Children’s Hospital—providing a strong referral base and a steady flow of students, faculty, medical professionals, and nearby residents. The surrounding area is characterized by dense, high-income demographics with a well-educated population that values quality healthcare services, making it ideal for a specialty dental practice. The location is also surrounded by premier retail and lifestyle amenities along University Avenue and California Avenue, including Whole Foods, Trader Joe’s, Philz Coffee, restaurants, fitness studios, and daily-needs services that drive consistent foot traffic and patient convenience. With excellent freeway access to US-101 and strong public transportation options, 555 Middlefield Road offers a highly desirable, practice-ready location for a dentist seeking long-term growth in one of the Bay Area’s strongest markets.Well-located, professional dental office space in a modern, multi-tenant building in downtown Palo Alto. The ±1,657 SF suite is thoughtfully built out with six operatories, a dedicated lab, reception and waiting area, and ample storage, making it ideally suited for a specialty dental practice. The space is contiguous with the adjacent suite, offering the opportunity to expand to a combined total of ±2,742 square feet. The property is elevator-served with recent building upgrades and is situated near Stanford University, Stanford Health Care, and Lucile Packard Children’s Hospital, providing access to a strong referral network and affluent patient base. The location also offers excellent proximity to the retail, dining, and lifestyle amenities of University Avenue and California Avenue, including Whole Foods, Trader Joe’s, Philz Coffee, and numerous restaurants and services, enhancing convenience for both patients and staff.

View Listing
Spaces
Suite name Space type Lease rate Available space Brokers
206 Medical Office $90/Sqft/Year 1,657 Mary Blaser
204 Medical Office $90/Sqft/Year 1,085 Mary Blaser
Active Listings For This Property:
For Lease No photo available
555 Middlefield Rd
555 Middlefield Road, Palo Alto
Property General Office
Availability 2 Spaces listed / 3338 Sqft
Price $87/Sqft/Year
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Past Sales & Property History for 555 Middlefield Road, Palo Alto

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Purchase date Purchase price Buyer name Seller name
12/17/2019 $9,100,000

Title Documents for 555 Middlefield Road, Palo Alto

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Date Type Amount Party 1 Party 2 Maturity Document Doc image
05/15/2023 Release
08/21/2020 Assignment of Rents and Leases
Deed of Trust
12/17/2019 Grant Deed
               
               
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R: Recorded date
D: Document date

Property Taxes for 555 Middlefield Road, Palo Alto

Access detailed property tax data for 555 Middlefield Road, Palo Alto, CA 94301. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax $119,556
Market value $9,952,177

Assessment History for 555 Middlefield Road, Palo Alto

Here's the assessment & property tax history for 555 Middlefield Road, Palo Alto, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year 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%

Permits for 555 Middlefield Road, Palo Alto

The complete history of permits filed for 555 Middlefield Road, Palo Alto, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Status
09/11/2025
09/11/2025
09/11/2025
09/11/2025
09/11/2025
09/11/2025
09/11/2025
09/11/2025
09/11/2025
09/11/2025
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Demographics By Zip Code

Total population 17,126
Median age 45
Average household income $342,198
Family households 65.2%
Occupied housing units 7,080
Owner occupied units 51.6%
Average number of people per household 2
Median year structure built 1957
Median value for units with a mortgage $2,000,001
Median value for units without a mortgage $2,000,001

Risk

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FEMA flood zone(s) AH (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map

Transportation

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Neighbors for 555 Middlefield Road, Palo Alto

Here are the neighbors for 555 Middlefield Road, Palo Alto.

Address Square feet Purchase date Purchase price
359 Middlefield Rd, Palo Alto 1,230 12/30/2020
782 Palo Alto Ave, Palo Alto 09/14/2001 $815,000
401 Fulton St, Palo Alto 07/08/2016
336 Fulton St, Palo Alto 04/04/2007
772 Palo Alto Ave, Palo Alto 09/04/1998
434 Guinda St, Palo Alto 10/26/2006
319 Middlefield Rd, Palo Alto 06/13/2003 $705,000
328 Fulton St, Palo Alto 08/16/2019
320 Fulton St, Palo Alto 06/17/2020
740 Everett Ave, Palo Alto 10/21/2020 $2,800,000
771 Lytton Ave, Palo Alto 04/17/2020
798 Palo Alto Ave, Palo Alto 11/14/2017
760 Lytton Ave, Palo Alto 02/14/2022
328 Guinda St, Palo Alto 04/21/2015
443 Fulton St, Palo Alto 01/27/2025
771 Hamilton Ave, Palo Alto 10/30/2014 $3,648,000
732 Lytton Ave, Palo Alto 01/18/2002 $950,000
225 Fulton St, Palo Alto 11/30/2000 $1,350,000
758 Everett Ave, Palo Alto 05/14/2019 $2,300,000
240 Fulton St, Palo Alto 06/07/2016

Nearby ZIP Codes for 555 Middlefield Road, Palo Alto

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