Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Terra Bella & San Rafael Mountain View, CA 94043
    Back to Search
    Property profile & analytics

    Terra Bella & San Rafael, Mountain View, CA 94043

    View on Map
    • Land
    • 2.01 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Terra Bella & San Rafael

    Lot size
    2.01 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 2.01-acre industrial land assemblage presents a rare redevelopment opportunity in Mountain View, CA. Located at the southwest corner of Terra Bella Avenue and San Rafael Avenue, this property boasts convenient access to major transportation arteries, including Highway 101 and Highway 85, with interchanges less than half a mile away. The site benefits from its proximity to Shoreline Boulevard, Middlefield Road, Central Expressway, and Moffett Boulevard, providing excellent surface street access. Currently zoned MM, this assemblage comprises three parcels (APN: 153-18-132

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mountain View
    County
    Santa Clara
    State
    California
    Longitude
    -122.073
    Latitude
    37.4085

    Comparable in this City

    • Value Estimation by Request

      500 Ferguson Dr

      Restaurants
      500 Ferguson Dr, Mountain View, CA 94043
      View Details
    • Value Estimation
      $1,730,000
      7,156 SF

      1080 La Avenida St Sta, Unit A

      INDUSTRIAL (GENERAL)
      1080 La Avenida St Sta, Mountain View, CA 94043-1422
      View Details
    • Value Estimation
      $2,310,000
      13,400 SF

      2612 Bayshore Pkwy

      INDUSTRIAL (GENERAL)
      2612 Bayshore Pkwy, Mountain View, CA 94043-1013
      View Details
    • Value Estimation
      $39,835,000
      241,080 SF

      339 Bernardo Ave

      HEAVY INDUSTRIAL
      339 Bernardo Ave, Mountain View, CA 94043-5226
      View Details
    • Value Estimation
      $18,475,000
      99,770 SF

      1274 Terra Bella Ave

      HEAVY INDUSTRIAL
      1274 Terra Bella Ave, Mountain View, CA 94043-1820
      View Details
    • Value Estimation
      $6,220,000
      37,166 SF

      1212 Terra Bella Ave

      INDUSTRIAL (GENERAL)
      1212 Terra Bella Ave, Mountain View, CA 94043-1824
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale

      Land available for sale.
      870 Leong Dr, Mountain View, CA 94043
      View Details
    • Contact for pricing
      14,824 SF

      Mountain View Industrial Space

      Industrial space available for sale in Mountain View, California.
      2195 Leghorn St, Mountain View, CA 94043
      View Details
    • Contact for pricing
      Pending

      Land For Sale

      Land available for sale.
      883 N Shoreline Blvd, Mountain View, CA 94043
      View Details
    • Contact for pricing
      15,000 SF

      Mountain View R&D Building

      Value-add R&D building in Mountain View's premier neighborhood.
      835 Maude Ave, Mountain View, CA 94043
      View Details
    • Contact for pricing
      2,548 SF

      Class A Office/R&D Condo

      Office/R&D condo with private offices, conference room, and amenities.
      455 N Whisman Rd, Mountain View, CA 94043
      View Details
    • New
      $798,888
      0.07 Acres

      Rare R-2 Infill Opportunity

      3,200 sq. ft. R-2 lot near Downtown Mountain View.
      Elmwood St, Mountain View, CA 94043
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      900 SF

      Industrial Space Available For Rent

      900 square feet of industrial space for rent.
      2134 Old Middlefield Way, Mountain View, CA 94043
      View Details
    • Contact for pricing

      Mountain View Flex Space Available

      Flex space available for rent in Mountain View, CA.
      2570 Leghorn St, Mountain View, CA 94043
      View Details
    • $3 SF/Yr
      13,372 SF

      Renovated Flex/R&D Building Available

      Renovated flex/R&D building with secure parking and freeway access.
      2189 Leghorn St, Mountain View, CA 94043
      View Details
    • Contact for pricing
      4,825 SF

      Mountain View Warehouse Space Available

      Industrial warehouse space available for lease in Mountain View.
      415 Clyde Ave, Mountain View, CA 94043
      View Details
    • Contact for pricing
      18,156 SF

      Mountain View Flex R&D Space

      Flex R&D space available for sublease in Mountain View.
      2250 Charleston Rd, Mountain View, CA 94043
      View Details
    • Contact for pricing
      53,591 SF

      Freestanding Building with Expansion Potential

      53,591 SF flex/industrial space with market-ready finishes for lease.
      201-203 Ravendale Dr, Mountain View, CA 94043
      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.
    Terra Bella & San Rafael
    Mountain View, CA 94043
    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
    Terra Bella & San Rafael, Mountain View, CA, 94043
    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!