Commercial Real Estate Market in Mountain View, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
139 active listings and 1,747 off-market properties in Mountain View, CA. Commercial property asks $715/SF to buy and $41.40/SF/Yr to lease (based on 9 listings).
Market Trends
Mountain View, CA spans 13.7 square miles in Santa Clara County, California. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Mountain View, CA runs 20.8% across the West region in 2025, up from 11% in 2019.
Retail
Retail vacancy in Mountain View, CA runs 5.8% across the West region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Mountain View, CA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Multifamily
Across Santa Clara County, multifamily space asks $685/SF to buy. Multifamily vacancy in Mountain View, CA runs 8.6% across the West region in 2025, up from 7% in 2022.
Market overview
Demographics & Economy
Mountain View, CA has 83,519 residents in 39,102 households. Density runs 6,092 people per square mile. Median household income here is $180,199 and median gross rent $2,981 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Sunnyvale | $509 | $41.40 |
| Palo Alto | $949 | $60.00 |
Commercial property in Mountain View, CA asks $715/SF. The 2 bordering markets run from $509/SF in Sunnyvale to $949/SF in Palo Alto, and the city sits in line with their $729/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Mountain View?
How much does it cost to lease commercial space in Mountain View?
How does Mountain View compare to nearby markets on price?
Where does Realmo's Mountain View market data come from?
Methodology & data sources
- Asking prices and medians
- There are 43 active for-sale and 96 active for-lease listings in Mountain View, CA. The medians are based on 24 of the for-sale and 9 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
