Freestanding Single-Story Office
821 W El Camino Real Mountain View, CA 94040
For Sale
Contact for pricing
Single-story freestanding office building on El Camino Real with flexible P(38) zoning under the El Camino Real Precise Plan.
Property Size1,751 SF
Price / SF$856.65
Days on Market74
Property Features for 821 W El Camino Real
General Information
- Standard status
- Active
- Size
- 1,751 SF
- Property subtype
- OFFICE
Listing Agency:
The Ivy Group
(408) 799-5290
Listed By:
Tim Vi Tran
(408) 799-5290
Source:
Moodyscre
Added: May 11
Changed: Jul 23
Last Checked: Jul 23 at 5:03AM
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 The Ivy Group
Investment Insights
Based on property information with market context.
This single-story, freestanding commercial building is positioned along El Camino Real. The property is zoned P(38) under the El Camino Real Precise Plan.
The P(38) zoning allows a broad range of uses, including residential and live/work concepts, retail, professional and personal services, education, recreation, senior care, public assembly, and other compatible uses.
Located at 821 W El Camino Real in Mountain View, the building offers an owner-user or redevelopment path within a flexible zoning framework for a neighborhood-serving commercial and mixed-use direction.
The P(38) zoning allows a broad range of uses, including residential and live/work concepts, retail, professional and personal services, education, recreation, senior care, public assembly, and other compatible uses.
Located at 821 W El Camino Real in Mountain View, the building offers an owner-user or redevelopment path within a flexible zoning framework for a neighborhood-serving commercial and mixed-use direction.
Key Highlights
- Single‑story, freestanding commercial building on El Camino Real in Mountain View
- Zoned P(38) under the El Camino Real Precise Plan
- P(38) zoning allows a broad range of uses including retail, professional/personal services, education, recreation, senior care, and public assembly
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $98.1k | $56.04 |
| − Vacancy | −$16.0k | −$9.13 |
| EGI | $82.1k | $46.91 |
| − OpEx | −$20.5k | −$11.73 |
| NOI | $61.6k | $35.18 |
1,751 SF · lease $56.04/SF/yr · vacancy 16.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$880.0K
$770.0K – $1.03M
NOI $61,599 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.06M
$925.0K – $1.23M
NOI $73,997 @ 7.0% cap · market cap 4.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
methinks
(Bike/Boat/Book/etc) Store
GPTee.AI
(Bike/Boat/Book/etc) Store
Debden Heater Repairs
General Contractor
FAQs
What type of property is this?
Office building - Single-story freestanding office building on El Camino Real with flexible P(38) zoning under the El Camino Real Precise Plan.
Where is this office building located?
The property is located at 821 W El Camino Real Mountain View, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Single‑story, freestanding commercial building on El Camino Real in Mountain View; Zoned P(38) under the El Camino Real Precise Plan; P(38) zoning allows a broad range of uses including retail, professional/personal services, education, recreation, senior care, and public assembly
