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

912 W El Camino Real, Mountain View, CA 94040

CommercialSale, MountainView, CA

Property Size3,560 SF
Lot Size0.18 Acres
Price / SF$811.20
Days on Market20

Property Features for 912 W El Camino Real

General Information

Property type Commercial Sale
Property subtype Other
Zoning CRA
Parking 4
Subdivision DowntownMountainView
Standard status Active
APN 158-07-018
Size 3,560 SF
Lot size 0.18 Acres

Utilities

Heating system Natural Gas, Forced Air, Central
Cooling system Central Air
Water source Public

Amenities

central AC
gas heating

Building Details

Year built 1940
Floors in Building 1
Flooring type Laminate, Linoleum, Carpet
Roof type Tar/Gravel
Listing Agency: Christie's International Real Estate Sereno
Listed By: Priscilla Wang · License #01087702
Added: Oct 2 Changed: Oct 21 Last Checked: Oct 21 at 12:06PM
MLS# ML82063039

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

At 912 W El Camino Real, this mixed-use property brings together a 3,560-square-foot primary building and a detached single-family home. The main building contains two commercial areas with assembly and office space, plus an attached two-bedroom, one-bath residence. The separate home has one bedroom and one bathroom and measures approximately 850 square feet. The property occupies 0.18 acres and was built in 1940; heating is natural gas, and central air conditioning is installed.

CRA zoning applies to the property, which fronts El Camino Real. Reported daily traffic exposure exceeds 42,000 vehicles. The combination of commercial and residential space provides distinct areas for business and housing on one site.

Key Highlights

  • Two street‑facing commercial areas with assembly and office space
  • Attached 2‑bedroom, 1‑bathroom residential unit
  • Detached 1‑bedroom, 1‑bathroom house of 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. How Realmo checks its estimates

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - CRA-zoned site combines two commercial areas with two residences in a live-work configuration.
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 street‑facing commercial areas with assembly and office space; Attached 2‑bedroom, 1‑bathroom residential unit; Detached 1‑bedroom, 1‑bathroom house of approximately 850 sq. ft.
More about this property
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