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29714268
29714262

1788 E Bayshore Rd, East Palo Alto, CA 94303

CV
CA 02094407
Keller Williams San Francisco
Listed by Keller Williams San Francisco
$2,750,000
113 days on market
Updated 95 days ago

Silicon Valley Gateway: Prime Highway 101 Development Site

Details
Property Type Land
Sub Type Commercial
Acreage 0.200
Zoning General Commercial (PL Commercial - General)

Land | 0.2 acres

Marketing description

1788 E Bayshore: A Shovel-Ready Landmark for Luxury Hospitality or Flagship HQ

The Ultimate Silicon Valley Gateway Opportunity

Positioned at the primary University Avenue entrance to Palo Alto, 1788 E Bayshore represents one of the last remaining high-visibility development opportunities in the heart of the Peninsula. This ±8,712 SF parcel offers a rare "billboard" location directly adjacent to Interstate 101, capturing the attention of over 500,000 daily vehicles (Pre/Post Covid).

The Hospitality Pivot: Luxury by Design

While originally conceived for a modern four-story office, the existing plans and site physics offer a seamless transition for a luxury hospitality brand:

Architectural Synergy: The proposed four-story modern design features an expansive floor-to-ceiling glass curtain wall, offering guests sweeping views of the Bay and the Silicon Valley skyline—a signature aesthetic for a boutique hotel.

Subterranean Infrastructure: The plans include three levels of subterranean parking, a critical and costly asset already accounted for, providing the secure, private valet capacity required for high-profile executive guests.

Destination Rooftop Potential: The 75-foot height limit and 4-story structure provide the perfect footprint for a Destination Rooftop Bar & Lounge, creating a social hub for the surrounding tech campuses.

Proven Demand: Located just 0.8 miles from the Four Seasons Silicon Valley, the site sits within a proven micro-market capable of supporting premium Average Daily Rates (ADR) and high occupancy from elite business travelers.

Whether envisioned as a bespoke Boutique Luxury Hotel or a cutting-edge Corporate Headquarters, this site is engineered for a developer looking to bypass years of red tape and capitalize on a high-barrier-to-entry market.

Strategic Connectivity & Corporate Proximity

The site’s location is its greatest asset, placed squarely between the world’s most influential tech giants and venture capital firms:

Palo Alto’s Front Door: Only 1.8 miles (6 minutes) from 300 University Avenue, the epicenter of high-end dining, Apple's flagship store, and the Peninsula’s finance hub.

The Stanford Connection: Just 2.4 miles (11 minutes) from Stanford University, providing immediate access for visiting academics, high-net-worth donors, and university affiliates.

The Tech Corridor:

Steps (0.3 miles) from Amazon HQ (AWS).

9 Minutes to Meta (Facebook) Global HQ.

9 Minutes to the Googleplex.

12 Minutes to Sand Hill Road, the global center of Venture Capital.

Development & Investment Highlights

Entitlements in Motion: The project is approximately 60–90 days from completing entitlements, offering a "shovel-ready" timeline that is virtually unheard of in Palo Alto’s neighboring jurisdictions.

Flexible Zoning (PL): Zoned General Commercial, allowing for a wide range of public-serving and commercial uses, including hospitality, retail, medical, and office.

Branding Power: The massive freeway frontage ensures that any brand established here becomes an instant landmark for half a million commuters daily.

Additional Potential: High-end personal storage is conditionally allowable, offering a unique "fallback" or mixed-use revenue stream.

This is a rare opportunity to own a piece of the Silicon Valley skyline. 1788 E Bayshore is more than just a lot; it is a pre-packaged development engine ready to become the Peninsula’s next iconic destination.

Investment highlights

  • Price $2,750,000

  • Lot Size: 8,712 SF/ 0.2 ACRE

  • Seller has completed renderings for a 4-story, modern office building with 3 floors of subterranean parking. Can utilize a portion of existing plans to pivot to storage or luxury boutique hotel.

  • Status of entitlement: The pre-application process is nearly complete and can be finalized in approximately 60–90 days. Early feedback from City Planning has been favorable, with most concerns around access and fire safety already addressed through enhanced design measures. Next owners need to complete process with city. Seller can recommend consultant to walk new owner through to finish.

Listing Contacts

CV
CA 02094407
Keller Williams San Francisco
Listed by Keller Williams San Francisco

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Additional Information

Name
Crystle Vitari
License
02094407
Brokerage
KW Advisors
Brokerage Phone
4158542224
Title
Real Estate Sales Person
Brokerage Address
1624 California Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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