Mountain View Mixed-Use
701-727 W Evelyn Ave Mountain View, CA 94041
701-727 W Evelyn Ave, Mountain View, CA, 94041
Contact for pricing
For Sale
Contact for pricing
Pending
Mixed-use property available for sale in Mountain View, California.
Property Size30,438 SF
Days on Market677
Property Features for 701-727 W Evelyn Ave
General Information
- Standard status
- Pending
- Size
- 30,438 SF
- Property subtype
- Mixed Use, Office, Retail
Listing Agency
Newmark - San Jose
(408) 982-8428
Listed by
Gabe Regalado · License #02008286
Source
Crexi
Added: Sep 12, 2024 Updated: Jul 10 at 11:25 am Checked: Jul 20 at 7:05 am
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 Newmark - San Jose
Investment Insights
Based on property information with market context.
A mixed-use property is available for sale. The property encompasses a total area of 30438 square feet and is located in Mountain View, California.
Key Highlights
- No property information provided.
Local 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 | $1.71M | $56.04 |
| − Vacancy | −$278.0k | −$9.13 |
| EGI | $1.43M | $46.91 |
| − OpEx | −$356.9k | −$11.73 |
| NOI | $1.07M | $35.18 |
30,438 SF · lease $56.04/SF/yr · vacancy 16.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$15.30M
$13.38M – $17.85M
NOI $1,070,782 @ 7.0% cap · market cap 8.24%
Second Best
Retail
$11.75M
$10.28M – $13.70M
NOI $822,176 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$18.38M
$16.08M – $21.44M
NOI $1,286,312 @ 7.0% cap · market cap 9.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mixed-use properties
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use property available for sale in Mountain View, California.
Where is this mixed-use property located?
The property is located at 701-727 W Evelyn Ave Mountain View, CA.
What is the asking price?
The asking price for this property is $13,000,000.
What are key features of this property?
This property features: No property information provided.
