Santa Clara County  »  94303  »  Embarcadero Way  »  2438 Embarcadero Way

Baylands Business Park - 2438 Embarcadero Way, Palo Alto, CA 94303 - Property report

Also known as: 2438 Embarcadero Way

Property image for Baylands Business Park - 2438 Embarcadero Way, Palo Alto, CA 94303
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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

1977

Acreage

3.95

Sale price

$47,955,000

General Information

Address
Primary address
2438 Embarcadero Way
Palo Alto, CA 94303
Alternate address(es)
2440 Embarcadero Way
2450 Embarcadero Way
2460 Embarcadero Way
Show more
Zip code
94303
County
Santa Clara
Municipality
Palo Alto
Parcel ID
008-03-072

Owner

Find out who owns Baylands Business Park - 2438 Embarcadero Way, Palo Alto, CA 94303. Uncover corporate and individual owners with a free account.

Sales
Sale date
12/16/2020
Sale price
$47,955,000
Arm's length
Tax
Tax year
2025-2026
Property tax
$656,967
Building
Property type
Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings)
Building sq. ft.
54,500
Stories
1
Year built
1977
Lot
Acreage
3.95
Lot sq. ft.
172,105
Zoning & use
Zoning

Area overview

Walk score
30 /100.  Car-Dependent
Transit score
13 /100.  Minimal Transit
Bike score
69 /100.  Bikeable
Ownership

Ownership information for Baylands Business Park - 2438 Embarcadero Way, Palo Alto, CA

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

Sales history for Baylands Business Park - 2438 Embarcadero Way, Palo Alto, CA 94303

Sale date Sale price Buyer name Seller name
12/16/2020 $47,955,000 XXXXXXXXXXX XXX XXXXXXXX XXXXX XX XXXXXXX, XXXXXX X XXXXXXX; XXXXXX XX XXXXX XXX; XXXXX XXXXXXXXXX XXX XXX; XXXXXXX, XXXXXX XXXXXX XXXXX
01/11/1991 $140,000 XXXX & XXXXXXX XXXXX, X.&X.

*Most recent sales on record for this property.

More about Santa Clara County property records.

Title documents

Date Type Amount Party 1 Party 2
12/24/2020 Reconveyance
Substitution Trustee		 XXXXX XXXX XXXX XXXXX XXXX XXXX
12/16/2020 Ucc - Financing Statement XXXXXXXXXXX XXX XXXXXXXX XXXXX XX XXXXXXX XXX XXXXXXXXXXX X X
12/16/2020 Assignment of Rents and Leases XXXXXXXX XXXXXXXX XXXXX XX XXXXXXX XXX XXXXXXXXXXX X X
12/16/2020 Agreement
Assignment of Rents and Leases
Deed of Trust
Fixture Filing
Ucc - Financing Statement		 XXXXXXXXXXX XXX XXXXXXXX XXXXX XX XXXXXXX XXX XXXXXXXXXXX X X
12/16/2020 Grant Deed XXXXX XXXXXXXXXX XXX XXX XXXXXXXXXXX XXX XXXXXXXX XXXXX XX
01/28/2020 Agreement XXXXXX XX XXXXX XXX
01/28/2020 Amendment/Modification Deed of Trust XXXXX XXXXXXXXXX XXX XXX XXXXX XXXX XXXX
06/04/2019 Grant Deed XXXX, XXXXXXX X XXXXX XXXXXXXXXX XXX XXX
05/03/2019 Grant Deed XXXX, XXXXXXXX X XXXXXX XX XXXXX XXX
04/03/2019 Trust Transfer Deed XXXXXXX, XXXXXX X XXXXXXX, XXXXXX X XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Baylands Business Park - 2438 Embarcadero Way, 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
$656,967
Recent tax assessments
Market value
$54,688,032
Land value
$41,890,123
Building value
$12,797,909

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 $54,688,032 1.2013 $656,967 +4.38%
2024-2025 $53,599,873 1.1743 $629,423 +6.88%
2023-2024 $49,892,382 1.1804 $588,930 +1.13%
2022-2023 $48,914,100 1.1905 $582,322 +2.01%
2021-2022 $47,955,000 1.1904 $570,856 +47.41%
2020-2021 $32,897,447 1.17716 $387,256 +715.41%
2019-2020 $3,998,614 1.18772 $47,492 +2.91%
2018-2019 $3,920,211 1.1773 $46,151 +1.78%
2017-2018 $3,843,345 1.1798 $45,345 +2.66%
2016-2017 $3,767,987 1.1722 $44,168 +0.95%
Permits

Permit information for Baylands Business Park - 2438 Embarcadero Way, Palo Alto, CA

Issued date Permit number Permit type Sub type Valuation Finaled date Status
05/13/2026
03/19/2026
11/18/2025
04/02/2025
03/05/2025

*Most recent permits on record for this property.

Neighborhood

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

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
AE
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 Baylands Business Park - 2438 Embarcadero Way, 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.

Neighbors for Baylands Business Park - 2438 Embarcadero Way, Palo Alto, CA

2311 Middlefield Rd, Palo Alto 764 Garland Dr, Palo Alto 2303 Middlefield Rd, Palo Alto 2595 E Bayshore Rd, Palo Alto 717 Garland Dr, Palo Alto 2370 Watson CT, Palo Alto 725 Garland Dr, Palo Alto 731 Garland Dr, Palo Alto 2585 E Bayshore Rd, Palo Alto 701 Garland Dr, Palo Alto 2047 E Bayshore Rd, Palo Alto 780 Seale Ave, Palo Alto 2650 E Bayshore Rd, Palo Alto 756 Garland Dr, Palo Alto 2321 Ross Rd, Palo Alto 2391 Ross Rd, Palo Alto 2121 Middlefield Rd, Palo Alto 749 Garland Dr, Palo Alto 720 Seale Ave, Palo Alto 711 Portal Pl, Palo Alto

Nearby ZIP codes for Baylands Business Park - 2438 Embarcadero Way, 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 94305, Santa Clara County, CA 94555, Alameda County, CA 94560, Alameda County, CA 95002, Santa Clara County, CA

Frequently asked questions

What is the year built for Baylands Business Park - 2438 Embarcadero Way, Palo Alto, CA 94303?

The development at Baylands Business Park - 2438 Embarcadero Way, Palo Alto, CA 94303 was built in 1977.

What is the market value of Baylands Business Park - 2438 Embarcadero Way, Palo Alto, CA 94303?

The current market value of Baylands Business Park - 2438 Embarcadero Way, Palo Alto, CA 94303 is $54,688,032.

What is the total square footage of Baylands Business Park - 2438 Embarcadero Way, Palo Alto, CA 94303?

Baylands Business Park - 2438 Embarcadero Way, Palo Alto, CA 94303 has a total of 54,500 square feet.

What is the price per square foot for this property?

$879 per square foot is the price for Baylands Business Park - 2438 Embarcadero Way, Palo Alto, CA 94303.

How many active listings does Baylands Business Park - 2438 Embarcadero Way, Palo Alto, CA 94303 have?

This address has 3 active listing(s).

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