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345 Middlefield Rd

412,663 SF 100% Leased Office Building Menlo Park, CA 94025 For Sale

Investment Highlights

  • Sizable site in the heart of Silicon Valley, formerly home to the US Geological Survey campus.
  • The property’s central Peninsula location midway between San Francisco and San Jose offers access to a robust, highly educated workforce.
  • Comprised of 17 buildings and ±412,663 SF, the site features labs, offices, storage, and maintenance uses.
  • The campus features an open parking plan and convenient access to numerous public transportation options.
  • Numerous tech firms and supporting businesses in the surrounding area.

Executive Summary

Online Auction Coming in 2025
Located on the site of the former United States Geological Survey campus in Menlo Park, 345 Middlefield Road offers ±17.3 acres in the heart of Silicon Valley. The entire site is improved with 17 individual buildings which range in size from 470 to 159,555 gross square feet. The most prominent buildings are Building 3 and the McKelvey Building located on the eastern side of the campus. Building 3 is a 2,795 square-foot two-story office and lab building built in the 1950s and renovated in 1998. The McKelvey building is a three-story, 159,555 square-foot structure that was built in 1995 and faces Middlefield Road. The remaining buildings are smaller and surround the main structures. They include a variety of small labs as well as some accessory office, storage, and maintenance uses, as well as a childcare/preschool facility and a credit union. The total building area is approximately 412,663 square feet. The property sits approximately halfway between El Camino Real/CA-82 and the Bayshore Freeway/Highway 101, offering easy access to a robust workforce across the greater Bay Area. Additionally, businesses enjoy nearby Dumbarton Express, VTA, SamTrans, and Caltrain stops for convenient commuting. The San Francisco International, San Jose International, and Oakland International airports can be reached within 40 minutes or less for business travel options. Menlo Park is known for being home to tech giants and multiple other successful startups who continue to entice supporting businesses to set up shop in the area – making Menlo Park one of the nation’s most dynamic areas for invention in the world. 345 Middlefield Road offers a unique opportunity in a fantastic location for businesses looking to join a renowned area. The Property will be sold via online auction. Further sale schedule details will be released when available.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
412,663 SF
Building Class
B
Year Built/Renovated
1950/1995
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
137,554 SF
Slab To Slab
9’
Building FAR
0.55
Land Acres
17.30 AC
Zoning
C10000 - Office use
Parking
15 Spaces (0.04 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Signage
Bike Score ®
Biker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 23221886

  • Date on Market: 5/27/2021

  • Last Updated:

  • Address: 345 Middlefield Rd, Menlo Park, CA 94025

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