Santa Clara County  »  2605 Middlefield Rd

2605 Middlefield Road, Palo Alto, CA 94306 - Property report

Also known as: 2605 Middlefield Rd

Property image for 2605 Middlefield Road, Palo Alto, CA 94306
static Mapbox map

Property type

Retail Uses in Other Than Regional, Community and Neighborhood Shopping Centers (58)

Year built

1954

Acreage

1.1

Sale price

$10,685,000

General Information

Address
Primary address
2605 Middlefield Rd
Palo Alto, CA 94306
Zip code
94306
Neighborhood
Midtown Palo Alto
County
Santa Clara
Municipality
Palo Alto
Parcel ID
127-33-004

Owner

Find out who owns 2605 Middlefield Road, Palo Alto, CA 94306. Uncover corporate and individual owners with a free account.

Sales
Sale date
06/03/2024
Sale price
$10,685,000
Arm's length
Tax
Tax year
2025-2026
Property tax
$130,926
Building
Property type
Retail Uses in Other Than Regional, Community and Neighborhood Shopping Centers
Building sq. ft.
18,467
Stories
1
Year built
1954
Lot
Acreage
1.1
Lot sq. ft.
47,924
Zoning & use
Zoning
Qualified opportunity zone
Units
1

Area overview

Walk score
77 /100.  Very Walkable
Transit score
31 /100.  Some Transit
Bike score
99 /100.  Biker's Paradise

Ownership information for 2605 Middlefield Road, Palo Alto, CA

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

Sales history for 2605 Middlefield Road, Palo Alto, CA 94306

Sale date Sale price Buyer name Seller name
06/03/2024 $10,685,000 XXX XXXXXX XXXXXXXXXXX XXX; XXXX XXX XXXXXX XXXXXXXXXXX XXX

*Most recent sale on record for this property.

More about Santa Clara County property records.

Title documents

Date Type Amount Party 1 Party 2
06/13/2024 Reconveyance XXXXXX XXXXXXXXXXX XXX
06/03/2024 Agreement XXX XXXXXX XXXXXXXXXXX XXX
06/03/2024 Grant Deed XXXXXX XXXXXXXXXXX XXX XXX XXXXXX XXXXXXXXXXX XXX
07/10/2023 Agreement
Subordination Agreement
XXXXX XXXX XXXX XXXXX XXXX XXXX
07/10/2023 Assignment of Rents and Leases XXXXXX XXXXXXXXXXX XXX XXXXX XXXX XXXX
07/10/2023 Deed of Trust XXXXXX XXXXXXXXXXX XXX XXXXX XXXX XXXX
07/10/2023 Correction Grant Deed XXXXXX XXXXXXXXXXX XXX XXXXXX XXXXXXXXXXX XXX
09/16/2020 Release XXXXX XXXXXXXXXXXX XXX XXXXXX XXXXXXXXXXX XXX
08/09/2013 Finance Statement "Termination XXXXXX XXXXXXXXXXX XXX XXXXXXXX
08/01/2013 Deed Trust/Assignment & Fixtur XXXXXX XXXXXXXXXXX XXX XXXXXXXX XXXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 2605 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
$130,926
Recent tax assessments
Market value
$10,898,700
Land value
$7,344,000
Building value
$3,554,700

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 $10,898,700 1.2013 $130,926 -17.38%
2024-2025 $13,495,039 1.1743 $158,472 +1.47%
2023-2024 $13,230,432 1.1804 $156,172 +1.13%
2022-2023 $12,971,013 1.1905 $154,420 +2.01%
2021-2022 $12,716,680 1.1904 $151,379 +2.17%
2020-2021 $12,586,287 1.17716 $148,161 +1.09%
2019-2020 $12,339,498 1.18772 $146,559 +2.91%
2018-2019 $12,097,548 1.1773 $142,420 +1.78%
2017-2018 $11,860,342 1.1798 $139,932 +2.66%
2016-2017 $11,627,787 1.1722 $136,301 +0.95%

Permit information for 2605 Middlefield Road, Palo Alto, CA

Issued date Permit number Permit type Sub type Valuation Finaled date Status
08/18/2020
08/18/2020
08/18/2020
08/22/2018
08/22/2018

*Most recent permits on record for this property.

Demographics by ZIP code

Total population
27,183
Median age
42.3
Average household income
$287,065
Family households
66.6%
People per household (average)
2.55
Occupied housing units
10,640
Owner-occupied units
52.6%
Median year structure built
1963
Median value mortgaged units
$2,000,001
Median value unmortgaged units
$2,000,001

Risk

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FEMA flood zones

FEMA flood zones
0.2
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 2605 Middlefield Road, Palo Alto, CA 94306 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 2605 Middlefield Road, Palo Alto, CA 94306?

The development at 2605 Middlefield Road, Palo Alto, CA 94306 was built in 1954.

What is the market value of 2605 Middlefield Road, Palo Alto, CA 94306?

The current market value of 2605 Middlefield Road, Palo Alto, CA 94306 is $10,898,700.

What is the total square footage of 2605 Middlefield Road, Palo Alto, CA 94306?

2605 Middlefield Road, Palo Alto, CA 94306 has a total of 18,467 square feet.

What is the price per square foot for this property?

$578 per square foot is the price for 2605 Middlefield Road, Palo Alto, CA 94306.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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