701-727 Evelyn Ave, Mountain View, CA 94041
This exceptional, newly entitled mixed-use building, located at 701-727 W Evelyn Ave in Mountain View, California (94041), presents a unique investment opportunity. The Gateway boasts 30,438 square feet of Class A space, ideally suited for creative office, storefront, and traditional office uses. Currently vacant, this four-story building offers significant potential for immediate occupancy and customization. The asking price is $13,000,000, translating to $427.10 per square foot. The property features 75 parking spaces, complemented by a Downtown Parking Program, and an impressive 44 bike storage spaces, catering to modern workplace needs. Construction is projected for completion within 18-24 months. Situated in the heart of historic downtown Mountain View, this building benefits from excellent visibility and accessibility. Ownership is local, and the property is offered for sale by owner. This is a rare chance to acquire a brand-new, built-to-suit office building in a highly desirable location. The property is a new construction development, offering the opportunity to shape the space to perfectly meet your business requirements. The building's prime location in Santa Clara County ensures easy access to major transportation routes and a thriving business community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.