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824 San Antonio Rd
Palo Alto, CA 94303 Outer Mountain View/Los Altos

$15,000,000 USD

Land For Sale  •  0.45 AC

Property Details

  • Property Type Land
  • Lot Size 0.45 AC
  • Zoning CS
30 Transit Score
50 Walk Score

Description

The property consists of an approximately 19,412-square-foot level parcel improved with an approximately 8,676-square-foot two-story commercial building featuring ground-floor retail and second-floor office space. Located on highly visible San Antonio Road with convenient access to US-101, the property benefits from excellent connectivity to Stanford University, Stanford Health Care, downtown Palo Alto, Mountain View, and the surrounding Silicon Valley employment centers. The existing improvements provide potential interim income while redevelopment plans are finalized, offering flexibility in the timing of construction. The combination of a premier location, existing income-producing improvements, and approved redevelopment potential makes this a unique investment opportunity.

Highlights

Fully entitled luxury senior living development opportunity
Prime Palo Alto location near Stanford University and Stanford Health Care
Approved 27-unit boutique senior living community
Significant barriers to entry with limited future competing supply

Public Transportation

Commuter RailDriveWalkDistance
San Antonio Caltrain Station Northbound (Limited - Caltrain (Caltrain), Local Weekday - Caltrain (Caltrain), Local Weekend - Caltrain (Caltrain)) 4 min - 1.6 mi
California Avenue Caltrain Station Northbound (Limited - Caltrain (Caltrain), Local Weekday - Caltrain (Caltrain), Local Weekend - Caltrain (Caltrain)) 8 min - 3.1 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 15 min - 10.9 mi
San Francisco International 29 min - 22.7 mi
Metro Oakland International 42 min - 31.4 mi
Ken Kho Kho Real Estate Team
Ken Kho Kho Real Estate Team