Santa Clara County  »  2701 Middlefield Rd

2701 Middlefield Road, Palo Alto, CA 94306 - Property report

Also known as: 2701 Middlefield Rd

Property image for 2701 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

0.46

Sale price

$8,385,000

General Information

Address
Primary address
2701 Middlefield Rd
Palo Alto, CA 94306
Zip code
94306
Neighborhood
Midtown Palo Alto
County
Santa Clara
Municipality
Palo Alto
Parcel ID
127-34-035

Owner

Find out who owns 2701 Middlefield Road, Palo Alto, CA 94306. Uncover corporate and individual owners with a free account.

Sales
Sale date
12/12/2024
Sale price
$8,385,000
Arm's length
Tax
Tax year
2025-2026
Property tax
$57,482
Building
Property type
Retail Uses in Other Than Regional, Community and Neighborhood Shopping Centers
Stories
1
Year built
1954
Lot
Acreage
0.46
Lot sq. ft.
20,020
Zoning & use
Zoning
Qualified opportunity zone
Units
1

Area overview

Walk score
77 /100.  Very Walkable
Transit score
33 /100.  Some Transit
Bike score
98 /100.  Biker's Paradise

Ownership information for 2701 Middlefield Road, Palo Alto, CA

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

Sales history for 2701 Middlefield Road, Palo Alto, CA 94306

Sale date Sale price Buyer name Seller name
12/12/2024 $8,385,000 XXXX XXXX XXXX XXXXXX XXXXXXXXXXX XX XXXX & XXXXXX XXXXXXXXXX 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
12/12/2024 Grant Deed XXXX & XXXXXX XXXXXXXXXX XXX XXXX XXXX XXXX XXXXXX XXXXXXXXXXX XX
10/06/2017 Notice Non Responsibility XXX/XXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 2701 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
$57,482
Recent tax assessments
Market value
$4,785,000
Land value
$3,000,000
Building value
$1,785,000

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 $4,785,000 1.2013 $57,482 +240.30%
2024-2025 $1,438,457 1.1743 $16,892 +1.47%
2023-2024 $1,410,253 1.1804 $16,647 +1.13%
2022-2023 $1,382,602 1.1905 $16,460 +2.01%
2021-2022 $1,355,493 1.1904 $16,136 +2.17%
2020-2021 $1,341,595 1.17716 $15,793 +1.09%
2019-2020 $1,315,290 1.18772 $15,622 +2.91%
2018-2019 $1,289,501 1.1773 $15,181 +1.78%
2017-2018 $1,264,217 1.1798 $14,916 +2.66%
2016-2017 $1,239,430 1.1722 $14,529 +0.95%

Permit information for 2701 Middlefield Road, Palo Alto, CA

No recently recorded permits 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 2701 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 2701 Middlefield Road, Palo Alto, CA 94306?

The development at 2701 Middlefield Road, Palo Alto, CA 94306 was built in 1954.

What is the market value of 2701 Middlefield Road, Palo Alto, CA 94306?

The current market value of 2701 Middlefield Road, Palo Alto, CA 94306 is $4,785,000.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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