Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2674-2690 El Camino Real San Jose, CA 95125
    Back to Search
    Property profile & analytics

    2674-2690 El Camino Real, San Jose, CA 95125

    View on Map
    • Specialty properties
    • 59,241 SF
    • 1.36 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 2674-2690 El Camino Real

    Lot size
    1.36 lot acres
    Property type
    Specialty properties
    Property subtype
    Land

    Description

    This exceptional 1.36-acre property at 2674-2690 W El Camino Real in Mountain View, CA (95125) presents a unique investment opportunity. Currently housing a fully operational car wash, this site offers significant redevelopment potential under its C3 zoning. The property boasts a substantial 59,241 square feet and is identified by APNs 148-16-001 and 148-16-004. Located in Santa Clara County, its prime location along W El Camino Real provides excellent visibility and accessibility. The seller is seeking offers above $16 million. Prospective buyers should be prepared to provide detailed information regarding their financial standing, including business history, recent acquisitions, and equity sources. The sale will be structured to accommodate a 1031 exchange. On-site tours are available by appointment only. This is a rare chance to acquire a well-situated commercial property with immediate income and substantial long-term growth potential. Don't miss this opportunity to secure a valuable asset in the thriving Mountain View market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    San Jose
    County
    Santa Clara
    State
    California
    Longitude
    -121.89
    Latitude
    37.291

    Comparable in this City

    • Value Estimation by Request
      2,290 SF

      710 Willow St

      FUNERAL HOME
      710 Willow St, San Jose, CA 95125-1746
      View Details
    • Value Estimation by Request
      10,514 SF

      710 Willow St

      FUNERAL HOME
      710 Willow St, San Jose, CA 95125-1746
      View Details
    • Value Estimation by Request
      0.41 Acres

      1504 Minnesota Ave

      CHARITABLE ORGANIZATION
      1504 Minnesota Ave, San Jose, CA 95125-4445
      View Details
    • Value Estimation by Request
      3.56 Acres

      750 Curtner Ave

      COMMERCIAL MISC
      750 Curtner Ave, San Jose, CA 95125-2113
      View Details
    • Value Estimation by Request
      0.01 Acres

      1970 Willow St

      COMMERCIAL MISC
      1970 Willow St, San Jose, CA 95125-5241
      View Details
    • Value Estimation by Request
      0.30 Acres

      1039 Lincoln Ave

      FUNERAL HOME
      1039 Lincoln Ave, San Jose, CA 95125-3152
      View Details

    Similar Nearby for Sale

    • $1,900,000
      0.42 Acres

      Prime Development Land in San Jose

      0.42 acre site zoned for urban residential development.
      1856 Almaden Rd, San Jose, CA 95125
      View Details
    • $6,390,000
      0.53 Acres

      Ready Residential Subdivision in San Jose

      Fully entitled 5-lot residential subdivision in Willow Glen.
      879 Franquette Ave, San Jose, CA 95125
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,861 SF

      Retail Space with Patio

      Retail spaces available with outdoor patio and courtyard access.
      1351-1355 Lincoln Ave, San Jose, CA 95125
      View Details
    • Contact for pricing
      563 SF

      Dynamic San Jose Retail Center

      Premier shopping and dining experiences in San Jose.
      2189 Monterey Rd, San Jose, CA 95125
      View Details
    • Contact for pricing
      1,249 SF

      San Jose Retail Power Center

      Dynamic retail center with top national tenants and future supermarket.
      1 Curtner Ave, San Jose, CA 95125
      View Details
    • Contact for pricing
      876 SF

      Retail Space in San Jose

      Retail space available for lease in San Jose, CA.
      1597 Meridian Ave, San Jose, CA 95125
      View Details
    • Contact for pricing
      1,321 SF

      Retail Space in Shopping Center

      Retail space available in a busy shopping center.
      111-121 Curtner Ave, San Jose, CA 95125
      View Details
    • Contact for pricing
      1,339 SF

      Retail Space in Willow Glen

      Retail space with high visibility and ample parking.
      1521-1525 Meridian Ave, San Jose, CA 95125
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2674-2690 El Camino Real
    San Jose, CA 95125
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2674-2690 El Camino Real, San Jose, CA, 95125
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!