Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    331 E Evelyn Ave Mountain View, CA 94041

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Sublease available near Downtown Mountain View with creative improvements.

    Property size:
    61,496 SF
    Lot size:
    17.43 Acres

    Property Features for 331 E Evelyn Ave

    General Information

    Size
    61,496 SF
    Lot size
    17.43 Acres

    We can help!

    Listing Contact
    Brian Rieben
    Brian Rieben
    Source: Moodyscre

    Listing Agent: Brian Rieben

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Creative Office Space in Mountain View

    This ±11,243 square feet office space is located one mile from Downtown Mountain View amenities. It features Class A creative improvements and is available as a plug & play sublease with furniture. The property provides ample parking and brand new landscaping. It is less than a mile from the Downtown Mountain View Caltrain Station, offering access to Highways 85, 237, and 101. Amenities include showers, outdoor basketball courts, a beach volleyball court, and newly completed outdoor eating areas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    india cafe Restaurant HeartFlow Production Facility Veniam Industrial Manufacturer

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mountain View
    County
    Santa Clara
    State
    California
    Longitude
    -122.0611177
    Latitude
    37.3873969

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      Mountain View Downtown

      Discover many ways to work your way in Mountain View Downtown
      800 El Camino Real, Mountain View, CA 94040
      View Details
    • Contact for pricing

      Downtown Mountain View Office Space

      Divisible office space available in downtown Mountain View.
      900 Villa St, Mountain View, CA 94041
      View Details
    • $59 SF/Yr
      1,109 SF

      Downtown Mountain View Office Space

      Two-story office building near Caltrain in downtown Mountain View.
      236 Castro St, Mountain View, CA 94041
      View Details
    • $40 SF/Yr
      1,800 SF

      Creative Office Space Near Caltrain

      Creative office space with high ceilings near Downtown Mountain View.
      144 S Whisman Rd, Mountain View, CA 94041
      View Details
    • Contact for pricing

      Office Space For Lease

      Office space available for lease at 675 E Middlefield Road.
      675 E Middlefield Rd, Mountain View, CA 94043
      View Details
    • $2 SF/Yr
      19,845 SF

      Retail Building on El Camino

      Large retail space available with prominent signage and parking.
      1952 W El Camino Real, Mountain View, CA 94040
      View Details
    • $2 SF/Yr

      Mountain View Retail Space Available

      Large retail space with signage and parking in Mountain View.
      1952 W El Camino Real, Mountain View, CA 94040
      View Details
    • Contact for pricing
      3,300 SF

      Creative Space in Silicon Valley

      Flex/industrial space with high ceilings, skylight, and easy highway access.
      1045 Linda Vista Ave, Mountain View, CA 94043
      View Details
    • Contact for pricing
      4,400 SF

      Creative Office Space in Mountain View

      Creative office space near Downtown Mountain View and Caltrain.
      140 S Whisman Rd, Mountain View, CA 94041
      View Details
    • $48 SF/Yr
      3,000 SF

      Prime Retail Space in Mountain View

      Retail space with open floor plan in downtown Mountain View.
      275-277 Castro St, Mountain View, CA 94041
      View Details
    • Contact for pricing
      39,834 SF

      Mountain View Office Space Sublease

      Office space available for sublease in Mountain View, California.
      391 San Antonio Rd, Mountain View, CA 94040
      View Details
    • Contact for pricing
      3,030 SF

      Retail Space in Mountain View

      Retail spaces available near major tenants in Mountain View, CA.
      608-626 San Antonio Rd, Mountain View, CA 94040
      View Details

    FAQs

    What type of property is this?
    Office units - Sublease available near Downtown Mountain View with creative improvements.
    Where is this office units located?
    The property is located at 331 E Evelyn Ave Mountain View, CA.
    What are key features of this property?
    This property features: - Class A creative improvements offer a modern and stylish workspace.; - Plug & play sublease with furniture available for immediate occupancy.; - Ample parking and brand new landscaping enhance the property's appeal.
    (650) 852-1200 Call to check price and availability
    Request Owner's contact information
    331 E Evelyn Ave Mountain View, CA 94041
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    331 E Evelyn Ave
    Mountain View, CA 94041
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    331 E Evelyn Ave Mountain View, CA 94041
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Brian Rieben
    Brian Rieben
    (650) 852-1200 (650) 320-0262
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!