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    883 Shoreline Blvd Mountain View, CA 94043

    Sponsored
    For Sale
    $18,000,000

    Prime location, value-add opportunity.

    Property size:
    23,770 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a four-building mixed-use complex totaling approximately 23,770 rentable square feet, situated on a 1.52-acre lot in Mountain View, California. The property, built in 1982, is classified as Class B and features a mix of apartment building, executive office, and traditional office spaces, currently housing six tenants under gross leases with a remaining term of two years, commencing September 30, 2024. The current occupancy rate stands at 60%. The property boasts ample parking (4 spaces per 1,000 sq ft) and usable outdoor amenity areas. Conveniently located near Highway 101 and Highway 85, the property offers immediate access to major transportation routes and neighboring retailers. High-speed internet options are available, including AT&T fiber and Comcast business internet. The property benefits from separate suite entryways and a free shuttle service to the Mountain View Caltrain station. Zoned ML, this property presents a significant value-add opportunity with flexible lease terms and expansion potential. The asking price is $18,000,000. This is a multi-tenant property with a two-year lease term and four potential rent bumps. The property is free of ground lease obligations.

    Property Features for 883 Shoreline Blvd

    General Information

    Property type
    Retirement homes
    Square Feet
    23,770 SF
    Class
    B
    Lot Size
    66,211 SF

    Building Details

    Year Built
    1982
    Buildings
    4
    Stories
    2

    HighLights

    • $18,000,000 asking price for a value‑add opportunity.
    • 23,770 rentable square feet across four buildings.
    • Flexible lease terms and expansion space available.
    • Excellent location with immediate access to major highways and nearby retail.
    • High‑speed internet options available (AT&T Fiber, Comcast Business).
    • Ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    ChainScale, Inc. Software Company zGlue Inc Computer Hardware Manufacturer Veery 883 N ... Commercial Real Estate Agency Heng Yang Financial Planner TeamLogic IT Computer Support And Services

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    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
    -122.0775312
    Latitude
    37.4071594

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    FAQs

    What type of property is this?
    Retirement home - Prime location, value-add opportunity.
    Where is this retirement home located?
    The property is located at 883 Shoreline Blvd Mountain View, CA.
    What is the asking price?
    The asking price for this property is $18,000,000.
    What are key features of this property?
    This property features: $18,000,000 asking price for a value-add opportunity.; 23,770 rentable square feet across four buildings.; Flexible lease terms and expansion space available.
    Request Owner's contact information
    883 Shoreline Blvd Mountain View, CA 94043
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    Mountain View, CA 94043
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    Realmo Value Estimation

    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.

    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.

    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
    883 Shoreline Blvd Mountain View, CA 94043
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