Medical Office Space For
For Sale
$4,704,500
412 West El Camino Real, Mountain View, CA 94040
Medical office space surrounded by hospitals and medical centers.
Property Size8,426 SF
Lot Size0.56 Acres
Price / SF$558.33
Days on Market197
Property Features for 412 West El Camino Real
General Information
Standard status
Active
Size
8,426 SF
Lot size
0.56 Acres
Property subtype
Office
Listing Agency:
CBRE | San Jose
Listed By:
Paul Lyles · License #01236021
(408) 453-7443
Source:
Cbre
Added: Mar 25
Changed: Sep 23
Last Checked: Oct 5 at 5:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | San Jose
Investment Insights
Based on property information with market context.
This commercial property, suitable for medical office space, is located near several hospitals and medical centers. The property features enhanced "Med Spa" interiors. It occupies a lot size of 0.56 acres and is equipped with a 600 Amp 3-Phase electrical system. The building has an upgraded water supply, roof, and HVAC system. The property size is 8426 square feet.
Key Highlights
- Enhanced "Med Spa" Interiors
- Surrounded by half‑dozen hospitals and medical centers
- Upgraded Roof & HVAC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$296,419
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,928,380
$5.9M
Cap Rate 7%
$4,234,557
$4.2M
Cap Rate 9%
$3,293,544
$3.3M
Market Conditions
NOI Build-Up for 8,426 SF
Gross rent
$472.2K $56.04/SF
− Vacancy
−$77.0K −$9.13/SF
EGI
$395.2K $46.91/SF
− OpEx
−$98.8K −$11.73/SF
NOI
$296.4K $35.18/SF
Area
Santa Clara County, CA
Vacancy
16.30%
Lease Rate
$56.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,928,380
Cap Rate 7%
$4,234,557
Cap Rate 9%
$3,293,544
Alternative Uses
Best Use
Office B
$4.23M
$3.71M – $4.94M
NOI $296,419 @ 7.0% cap · market cap 6.30%
Second Best
Healthcare Medical
$2.26M
$1.97M – $2.63M
NOI $157,977 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$5.09M
$4.45M – $5.93M
NOI $356,083 @ 7.0% cap · market cap 7.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,222
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94040, CA
36,501
Population
16,963
Households
2.2
Avg Household Size
36
Median Age
78%
College-Educated
95%
High-School Grad
3.7 sq mi
ZIP Area
9,865
Density / Sq Mi
$184,494
Median Household Income
$120,047
Median Earnings
$3,017
Median Rent
$2,000,001
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Ask My Pet Doc — 809b cuesta dr, mountain view, ca 94040
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office space surrounded by hospitals and medical centers.
Where is this medical office space located?
The property is located at 412 West El Camino Real Mountain View, CA.
What is the asking price?
The asking price for this property is $4,704,500.
What are key features of this property?
This property features: Enhanced "Med Spa" Interiors; Surrounded by half‑dozen hospitals and medical centers; Upgraded Roof & HVAC
