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    Property profile & analytics

    1010-1040 Rengstorff Ave Mountain View, CA 94039

    • Neighborhood centers
    • 200,000 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 1010-1040 Rengstorff Ave

    Year built
    1994
    Property size
    200,000 SF
    Property type
    Neighborhood centers
    Property subtype
    Retail properties

    Description

    This exceptional retail opportunity is located within the highly successful Rengstorff Center, a 200,000 square foot strip center boasting a strong national tenant mix including Costco, Total Wine, Ross, AT&T, and McDonald's. The center enjoys a 97% occupancy rate, demonstrating its consistent appeal and strong performance. Currently, there are four available suites ranging from 1,297 to 1,991 contiguous square feet, totaling 6,324 square feet of vacant space. The property sits on a generous 16-acre lot providing ample parking for customers and employees. Built in 1994, the center benefits from its strategic location at the major intersection of Rengstorff Avenue and Highway 101, ensuring excellent visibility and accessibility. This prime location offers immediate freeway access and is an 8-minute walk from the new Google Campus, contributing to a booming daytime population and a substantial residential base in the immediate vicinity. The center's high traffic volume and established tenant base present a unique opportunity for businesses seeking to thrive in a vibrant and densely populated area of Santa Clara County. The minimum divisible space is 1,297 square feet.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mountain View
    County
    Santa Clara
    State
    California
    Longitude
    -122.08
    Latitude
    37.39
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    1010-1040 Rengstorff Ave
    Mountain View, CA 94039
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    Realmo Value Estimation

    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.

    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.

    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
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