235 Alma Street — Sale in Palo Alto, CA
- Price: $3.8M
- Listing type: For sale
- Asset type: Office
- Location: Palo Alto, CA 94301
- Size: 3,940 SF
Photos




Investment Figures
- Price per square foot
- $952
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
The property is located 0.2 miles from the Palo Alto Caltrain Station, making it easily accessible within a 1‑minute drive. San José International Airport is approximately 25 minutes away 16.2 miles.
Market Context
This office in Palo Alto, CA is listed for sale at $3,750,000 across 3,940 SF. Compare it against other office listings for sale in Palo Alto, CA — view the full market.
As of Q2 2026, the San Francisco Peninsula office market showed a 23.8% vacancy rate, and average asking rents near $66.00/SF/yr. Source: Kidder Mathews Q2 2026 market report.
Above-average vacancy gives buyers leverage and a wide set of comparables.
Office market FAQ
- Is the San Francisco Peninsula office market tightening or softening?
- Vacancy is around 23.8% (Q2 2026).
Contact
- David O'Such · 1650473-4761 · david.osuch@nmrk.com
- David O'Such · 1650473-4761 · david.osuch@nmrk.com
- Clark Hagman · 1650688-8512 · clark.hagman@nmrk.com
Explore this market
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