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    Property profile & analytics

    250 Mariposa Ave Mountain View, CA 94041

    • Commercial real estate
    • 4,610 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-2513024
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 250 Mariposa Ave

    Year built
    1962
    Property size
    4,610 SF
    Property type
    Commercial real estate
    APN
    154-10-009

    Description

    This exceptional investment opportunity presents a 5-unit multifamily property ideally situated in Mountain View, California, at 250 Mariposa Ave, zip code 94041. The property boasts a total of approximately 4,610 square feet on an 11,339 square foot lot (APN 154-10-009), encompassing two buildings. One building is a single-family home (1,300 sq ft, 3 bedrooms + bonus room, 1.5 baths), and the other is a fourplex featuring four identical units (828 sq ft each, 2 bedrooms, 1 bath). Built in 1962 and zoned R3-2, the property is currently 100% leased to long-term tenants, providing immediate cash flow. Its prime location is less than half a mile from downtown Mountain View's Castro Street, offering tenants easy access to a wide array of amenities. This property presents a unique opportunity for investors seeking a value-add investment in the heart of Silicon Valley. The property's size and zoning allow for potential redevelopment or continued operation with existing tenants. The property also offers ample off-street parking and is situated near Mariposa Park and major tech employers, including Google. The asking price is $3,488,888.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mountain View
    County
    Santa Clara
    State
    California
    Longitude
    -122.0884613
    Latitude
    37.3969863

    Comparable in this City

    • $2,100,000

      Vacant Triplex in Silicon Valley

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      Office Space For Sale

      Office property available for sale in Mountain View, CA.
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      The Gateway: Mountain View Office

      Prime Mountain View Office Building - New Construction
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      Downtown Mountain View Office Building

      Three-story office building in the heart of downtown Mountain View.
      274-282 Castro St, Mountain View, CA 94041
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    • $295,000

      Commercial Land in Mountain View

      Commercial land available for sale in Mountain View, California.
      433 Sylvan Ave, Mountain View, CA 94041
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    Similar Nearby for Sale

    • $2,100,000

      Vacant Triplex in Silicon Valley

      Fully vacant triplex in the heart of Silicon Valley.
      1356 W Dana St, Mountain View, CA 94041
      View Details
    • $13,000,000
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      The Gateway: Mountain View Office

      Prime Mountain View Office Building - New Construction
      701-727 Evelyn Ave, Mountain View, CA 94041
      View Details
    • Contact for pricing
      29,466 SF

      Downtown Mountain View Office Building

      Three-story office building in the heart of downtown Mountain View.
      274-282 Castro St, Mountain View, CA 94041
      View Details
    • $295,000

      Commercial Land in Mountain View

      Commercial land available for sale in Mountain View, California.
      433 Sylvan Ave, Mountain View, CA 94041
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    • $4,325,000

      Office Space For Sale

      Office property available for sale in Mountain View, CA.
      215 Castro St, Mountain View, CA 94041
      View Details

    Similar Nearby for Lease

    • $7 SF/Yr
      10,472 SF

      Modern Office Space with Amenities

      Well-equipped office space with parking and fitness center.
      444 Castro St, Mountain View, CA 94041
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      Creative Office Space Near Caltrain

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      Downtown Mountain View Office Space

      Two-story office building near Caltrain in downtown Mountain View.
      236 Castro St, Mountain View, CA 94041
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      Downtown Mountain View Office Space

      Premier office building with flexible space and immediate availability.
      801 California St, Mountain View, CA 94041
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    • $5 SF/Yr
      1,947 SF

      Mountain View Office Space Available

      Office space for rent near Mountain View Caltrain Station.
      701 W Evelyn Ave, Mountain View, CA 94041
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    • $8 SF/Yr
      14,878 SF

      Class A Office Space Available

      Three-story Class A office building with open floor plans.
      150 W Evelyn Ave, Mountain View, CA 94041
      View Details
    Request Owner's contact information
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    250 Mariposa Ave
    Mountain View, CA 94041
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    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
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