Santa Clara County  »  2995 Middlefield Rd

2995 Middlefield Road, Palo Alto, CA 94306 - Property report

Also known as: 2995 Middlefield Rd

Property image for 2995 Middlefield Road, Palo Alto, CA 94306
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Property type

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

Year built

2011

Acreage

0.45

Sale price

$7,000,000

General Information

Address
Primary address
2995 Middlefield Rd
Palo Alto, CA 94306
Zip code
94306
Neighborhood
Midtown Palo Alto
County
Santa Clara
Municipality
Palo Alto
Parcel ID
127-53-020

Owner

Find out who owns 2995 Middlefield Road, Palo Alto, CA 94306. Uncover corporate and individual owners with a free account.

Sales
Sale date
12/29/2023
Sale price
$7,000,000
Arm's length
Tax
Tax year
2025-2026
Property tax
$85,773
Building
Property type
Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings)
Building sq. ft.
6,932
Stories
2
Year built
2011
Lot
Acreage
0.45
Lot sq. ft.
19,747
Zoning & use
Zoning
Qualified opportunity zone
Units
2

Area overview

Walk score
76 /100.  Very Walkable
Transit score
29 /100.  Some Transit
Bike score
99 /100.  Biker's Paradise
Ownership

Ownership information for 2995 Middlefield Road, Palo Alto, CA

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

Sales history for 2995 Middlefield Road, Palo Alto, CA 94306

Sale date Sale price Buyer name Seller name
12/29/2023 $7,000,000 XXXXXXX XXX XXX XXXXX 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
03/14/2024 Agreement
Assignment of Rents and Leases
Deed of Trust
Fixture Filing		 XXXXXXX XXX XXXX XX XXXXXXX X X
12/29/2023 Grant Deed XXX XXXXX XXXXXXXXXXX XXX XXXXXXX XXX
10/18/2011 Agreement XXXX XX XXXX XXXX
04/15/2011 Easement Deed/Grant Easement & XXX XXXXX XXXXXXXXXXX XXX XXXX XX XXXX XXXX
12/11/2007 Deed XX XXXX XXXXX XXXXXXXX XXX XXX XXXXX XXXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 2995 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
$85,773
Recent tax assessments
Market value
$7,140,000
Land value
$5,304,000
Building value
$1,836,000

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 $7,140,000 1.2013 $85,773 +4.35%
2024-2025 $7,000,000 1.1743 $82,201 +19.75%
2023-2024 $5,815,459 1.1804 $68,646 +1.13%
2022-2023 $5,701,431 1.1905 $67,876 +2.01%
2021-2022 $5,589,639 1.1904 $66,539 +2.17%
2020-2021 $5,532,326 1.17716 $65,124 +1.09%
2019-2020 $5,423,850 1.18772 $64,420 +2.91%
2018-2019 $5,317,501 1.1773 $62,601 +1.78%
2017-2018 $5,213,237 1.1798 $61,507 +2.66%
2016-2017 $5,111,017 1.1722 $59,911 +0.95%
Permits

Permit information for 2995 Middlefield Road, Palo Alto, CA

Issued date Permit number Permit type Sub type Valuation Finaled date Status
09/06/2025
03/13/2025
02/25/2013
11/08/2012
09/14/2012

*Most recent permits on record for this property.

Neighborhood

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

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
0.2
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 2995 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.

Neighbors for 2995 Middlefield Road, Palo Alto, CA

722 Torreya CT, Palo Alto 718 Torreya CT, Palo Alto 979 Lawrence Ln, Palo Alto 3228 Ross Rd, Palo Alto 798 Allen CT, Palo Alto 734 Loma Verde Ave, Palo Alto 734 Torreya CT, Palo Alto 746 Torreya CT, Palo Alto 3170 Ross Rd, Palo Alto 971 Colorado Ave, Palo Alto 983 Lawrence Ln, Palo Alto 2970 Greer Rd, Palo Alto 3174 Ross Rd, Palo Alto 710 Torreya CT, Palo Alto 714 Torreya CT, Palo Alto 3171 Loma Verde Pl, Palo Alto 727 Torreya CT, Palo Alto 786 Allen CT, Palo Alto 2960 Greer Rd, Palo Alto 731 Torreya CT, Palo Alto

Nearby ZIP codes for 2995 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 94301, Santa Clara County, CA 94303, Santa Clara County, CA 94305, Santa Clara County, CA 95002, Santa Clara County, CA 95014, Santa Clara County, CA

Frequently asked questions

What is the year built for 2995 Middlefield Road, Palo Alto, CA 94306?

The development at 2995 Middlefield Road, Palo Alto, CA 94306 was built in 2011.

What is the market value of 2995 Middlefield Road, Palo Alto, CA 94306?

The current market value of 2995 Middlefield Road, Palo Alto, CA 94306 is $7,140,000.

What is the total square footage of 2995 Middlefield Road, Palo Alto, CA 94306?

2995 Middlefield Road, Palo Alto, CA 94306 has a total of 6,932 square feet.

What is the price per square foot for this property?

$1,009 per square foot is the price for 2995 Middlefield Road, Palo Alto, CA 94306.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

Disclaimer

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