Santa Clara County  »  94303  »  Colorado Ave  »  706 Colorado Ave

706 Colorado Avenue, Palo Alto, CA 94303 - Property report

Also known as: 702 Colorado Ave

Property image for 706 Colorado Avenue, Palo Alto, CA 94303
static Mapbox map

Property type

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

Year built

1954

Acreage

0.18

Sale price

$1,300,000

General Information

Address
Primary address
706 Colorado Ave
Palo Alto, CA 94303
Alternate address(es)
702 Colorado Ave
704 Colorado Ave
Zip code
94303
Neighborhood
Midtown Palo Alto
County
Santa Clara
Municipality
Palo Alto
Parcel ID
127-34-092

Owner

Find out who owns 706 Colorado Avenue, Palo Alto, CA 94303. Uncover corporate and individual owners with a free account.

Sales
Sale date
09/22/2022
Sale price
$1,300,000
Arm's length
Tax
Tax year
2026-2027
Property tax
$37,607
Building
Property type
Retail Uses in Other Than Regional, Community and Neighborhood Shopping Centers
Building sq. ft.
3,261
Stories
1
Year built
1954
Lot
Acreage
0.18
Lot sq. ft.
8,118
Zoning & use
Zoning
Units
3

Area overview

Walk score
78 /100.  Very Walkable
Transit score
33 /100.  Some Transit
Bike score
97 /100.  Biker's Paradise

Ownership information for 706 Colorado Avenue, Palo Alto, CA

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

Sales history for 706 Colorado Avenue, Palo Alto, CA 94303

*Most recent sale on record for this property.

More about Santa Clara County property records.

Title documents

Date Type Amount Party 1 Party 2
07/02/2026 Ucc - Financing Statement - Continuation XXXXX XXXX XXX XXXX XXXXX XXXXXXXXX XXXX
01/29/2026 Assignment Deed of Trust XXXXXX XXXX XXXXXX XXX XXXXXXXX, XXXXX XXXXXXXX XXXXXXXX XXXXX
01/22/2026 Assignment Deed of Trust XXXXXX, XXXXXXXX X XXXXXX XXXXX XXX XXX
04/08/2025 Ucc - Financing Statement - Amendment XXXXX XXXX XXX XXXX XXXXX XXXXXXXXX XXXX
02/12/2024 Assignment Deed of Trust XXXXXX XXXX XXXXXX XXX XXXXXXX, XXXXXXX XXXXX XXXXXXX
01/24/2024 Assignment Deed of Trust XXXXXX XXXX XXXXXX XXX XXX XXX
09/22/2022 Agreement
Assignment of Rents and Leases
Deed of Trust
XXXXXX XXXX XXXXXX XXX XXXXXXXX, XXXXXX XXXXXXXXX XXXXXXXXXX XXXXX
09/22/2022 Grant Deed XXXXX, XXXXXXX XXXXXXX XXXXXX XXXX XXXXXXX XXX
09/22/2022 Reconveyance
Substitution Trustee
XXXXX, XXXXX X XXXXXXXXXX XXXXXXXX XXXXX XXXXXXXX, XXXXXX XXXXX
09/22/2022 Affidavit of Death XXXXXXXX, XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 706 Colorado Avenue, Palo Alto, CA

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

Current property tax
Tax year
2026-2027
Property tax
$37,607
Recent tax assessments
Market value
$3,130,563
Land value
$2,653,020
Building value
$477,543

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 $3,069,180 1.2013 $36,870 +4.35%
2024-2025 $3,009,000 1.1743 $35,335 +1.47%
2023-2024 $2,950,000 1.1804 $34,822 +1809.29%
2022-2023 $153,197 1.1905 $1,824 +2.00%
2021-2022 $150,194 1.1904 $1,788 +2.18%
2020-2021 $148,655 1.17716 $1,750 +1.09%
2019-2020 $145,741 1.18772 $1,731 +2.91%
2018-2019 $142,884 1.1773 $1,682 +1.78%
2017-2018 $140,084 1.1798 $1,653 +2.66%
2016-2017 $137,338 1.1722 $1,610 +0.95%

Permit information for 706 Colorado Avenue, Palo Alto, CA

Issued date Permit number Permit type Sub type Valuation Finaled date Status
09/27/2023
06/16/2022
12/28/2020
10/15/2020
10/15/2020

*Most recent permits on record for this property.

Demographics by ZIP code

Total population
46,879
Median age
39.5
Average household income
$230,694
Family households
74.5%
People per household (average)
3.22
Occupied housing units
14,466
Owner-occupied units
57.8%
Median year structure built
1960
Median value mortgaged units
$1,622,400
Median value unmortgaged units
$1,952,500

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 706 Colorado Avenue, Palo Alto, CA 94303 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 706 Colorado Avenue, Palo Alto, CA 94303?

The development at 706 Colorado Avenue, Palo Alto, CA 94303 was built in 1954.

What is the market value of 706 Colorado Avenue, Palo Alto, CA 94303?

The current market value of 706 Colorado Avenue, Palo Alto, CA 94303 is $3,130,563.

What is the total square footage of 706 Colorado Avenue, Palo Alto, CA 94303?

706 Colorado Avenue, Palo Alto, CA 94303 has a total of 3,261 square feet.

What is the price per square foot for this property?

$398 per square foot is the price for 706 Colorado Avenue, Palo Alto, CA 94303.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 3.

Disclaimer

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