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Mixed-Use Property with Detached Home
New
For Sale
$2,887,888

912 W El Camino Real, Mountain View, CA 94040

Two commercial spaces accompany residential units in both an attached building and a separate home.

Property Size3,560 SF
Days on Market5

Property Features for 912 W El Camino Real

General Information

Standard status Active
Size 3,560 SF
Property subtype CommercialProperty
Zoning CRA

Site & Location

Traffic Count 42,000 vehicles/day
Road Access Yes

Amenities

central AC
gas heating

Building Details

Building Size 3,560 SF
Year Built 1940
Buildings 2
Listing Agency: Christie's International Real Estate Sereno
Listed By: Priscilla Wang · License #01087702
Source: Lynnnorth
Added: Oct 2 Changed: Oct 4 Last Checked: Oct 5 at 10:01PM

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 Christie's International Real Estate Sereno

Investment Insights

Based on property information with market context.

The 1940 property combines two street-facing commercial spaces, identified as #912 and #914, with an attached residence at #916 featuring 2 bedrooms and 1 bathroom. A separate Spanish-style single-family home at #920 adds 1 bedroom, 1 bathroom, and approximately 850 square feet. The commercial areas currently include assembly space and offices. Central air conditioning and gas heating serve the property.

Located along El Camino Real, the property has CRA zoning and a special zone plan. Daily traffic on the corridor exceeds 42,000 vehicles.

Key Highlights

  • Two commercial spaces with assembly areas and offices, plus two residential units
  • Attached residence (#916) has 2 bedrooms and 1 bathroom
  • Detached Spanish‑style home (#920) offers 1 bedroom, 1 bathroom, and approximately 850 sq. ft.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$96,161
Cap Rate
3.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,923,220 $1.9M
Cap Rate 7%
$1,373,729 $1.4M
Cap Rate 9%
$1,068,456 $1.1M
Market Conditions
NOI Build-Up for 3,560 SF
Gross rent
$144.0K $40.44/SF
− Vacancy
−$6.6K −$1.85/SF
EGI
$137.4K $38.59/SF
− OpEx
−$41.2K −$11.58/SF
NOI
$96.2K $27.01/SF
Area
Santa Clara County, CA
Vacancy
4.58%
Lease Rate
$40.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,923,220
Cap Rate 7%
$1,373,729
Cap Rate 9%
$1,068,456

Alternative Uses

Best Use
Retail
$1.37M
$1.20M – $1.60M (±1% cap)
NOI $96,161 @ 7.0% cap · market cap 3.33%
Second Best
Mixed Use
$877.3K
$767.6K – $1.02M (±1% cap)
NOI $61,410 @ 7.0% cap · market cap 2.13%
Theoretical Best
Office A
$2.15M
$1.88M – $2.51M (±1% cap)
NOI $150,446 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Church in Mountain View Church

Suggested Use

Top Pick Grocery & Convenience Store Discount Store Veterinary Clinic (Bike/Boat/Book/etc) Store Storage Facility Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

42,000 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,506
Businesses Nearby
170k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 38% Electronics 25% Shops & Services 16% Dining 11%
Safeway Groceries
46,994 visits/mo 0.1 miles
Best Buy Electronics
42,710 visits/mo 0.4 miles
Goodwill Apparel
12,962 visits/mo 0.2 miles
Shell Shops & Services
12,907 visits/mo 0.4 miles
BevMo! Groceries
10,473 visits/mo 0.1 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two commercial spaces accompany residential units in both an attached building and a separate home.
Where is this mixed-use property located?
The property is located at 912 W El Camino Real Mountain View, CA.
What is the asking price?
The asking price for this property is $2,887,888.
What are key features of this property?
This property features: Two commercial spaces with assembly areas and offices, plus two residential units; Attached residence (#916) has 2 bedrooms and 1 bathroom; Detached Spanish‑style home (#920) offers 1 bedroom, 1 bathroom, and approximately 850 sq. ft.
More about this property
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