4234 El Camino Real | Palo Alto, CA 94306
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- LoopNet Team
4234 El Camino Real
Palo Alto, CA 94306
Rare 29-Unit Motel on 0.50 AC For Sale · Hospitality Property For Sale
·
9,278 SF
INVESTMENT HIGHLIGHTS
- Rare 29-Unit Motel on 0.50 AC For Sale in the Prospering City of Palo Alto
- The Motel Benefits from Corporate Cliental from Companies such as Google, Microsoft, LinkedIn, Samsung, Tesla, & HP
- The Property is in one of the Highest Barrier to Entry Markets in the Silicon Valley
- The Property can be Delivered Unbranded, but it is Currently an America’s Best Value Inn & Suites
- Easy Access to Highway 101, 237, & 85
- Extremely Strong Demographics with Household Incomes in Excess of $191,000 in a 1-Mile Radius
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1954/2010 |
| Building Class | C | Parking Ratio | 2.16/1,000 SF |
| Lot Size | 0.49 AC | Corridor | Exterior |
| Building Size | 9,278 SF | ||
| Zoning | CS - Service Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.49 AC |
| Building Size | 9,278 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1954/2010 |
| Parking Ratio | 2.16/1,000 SF |
| Corridor | Exterior |
| Zoning | CS - Service Commercial |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 167-08-032 | Improvements Assessment | $1,718,894 |
| Land Assessment | $1,018,313 | Total Assessment | $2,737,207 |
PROPERTY TAXES
Parcel Number
167-08-032
Land Assessment
$1,018,313
Improvements Assessment
$1,718,894
Total Assessment
$2,737,207
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