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    100 W Evelyn Ave Mountain View, CA 94041
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    100 W Evelyn Ave Mountain View, CA 94041

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    • Office buildings
    • 32,200 SF
    • 3.94 lot acres
    For Lease
    $66 SF/Yr
    View Listing →
    Mountain View Office Space Available For Lease
    $66 SF/Yr
    7,200 SF

    Mountain View Office Space Available

    Downtown Mountain View office space near CalTrain and VTA Light Rail.

    100 W Evelyn Ave, Mountain View, CA
    View Listing
    Property ID
    US09-2393836
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Clari / (Bike/Boat/Book/etc) Store / Corporate Office
    • Ninja Movers of Mountain View / Moving Company
    • Innovate Menopause Specialist Center / Medical Clinic
    • McCarthy Cook & Co. / Real Estate Agency

    Property Details for 100 W Evelyn Ave

    Year built
    1999
    Construction
    WOOD
    Lot size
    3.94 lot acres
    Property size
    32,200 SF
    Zone code
    P18
    Property type
    Office buildings
    APN
    158-37-007
    APU
    15837007

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $7,846,000
      Market price range: $1.42M - $7.85M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mountain View
    County
    Santa Clara
    State
    California
    Longitude
    -122.071
    Latitude
    37.3924
    CBSA code
    41940
    CBSA name
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $0.00
    $49,685,845
    $142,935,263
    $192,621,108
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      $12,500,000
      20,800 SF

      900 Villa St

      OFFICE BUILDING • 20,800 SF
      900 Villa St, Mountain View, CA 94041-1236
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    • Value Estimation
      $1,545,000
      5,632 SF

      655 Castro St

      OFFICE BUILDING • 5,632 SF
      655 Castro St, Mountain View, CA 94041-2000
      View Details
    • Value Estimation
      $8,945,000
      176,296 SF

      492 Castro St

      OFFICE BUILDING • 176,296 SF
      492 Castro St, Mountain View, CA 94041
      View Details
    • Value Estimation by Request
      0.01 Acres

      305 Hope St

      OFFICE BUILDING • 0.01 Acres
      305 Hope St, Mountain View, CA 94041-1309
      View Details
    • Value Estimation
      $1,175,000
      3,632 SF

      888 Villa St

      OFFICE BUILDING • 3,632 SF
      888 Villa St, Mountain View, CA 94041-1260
      View Details

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      Mixed-use property available for sale in Mountain View, California.
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      Five-unit multifamily property with income and value-add potential.
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      Five units with income and value-add potential in Mountain View.
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      Mountain View Triplex Investment Opportunity

      Rare triplex near downtown Mountain View with strong rental potential.
      1826 Higdon Ave, Mountain View, CA 94041
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      Multifamily Property Investment Opportunity

      Five-unit multifamily property with income and value-add potential.
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    Similar Nearby for Lease

    • Contact for pricing
      1,336 SF

      Modern Office Space with Amenities

      Well-equipped office space with parking and fitness center.
      444 Castro St, Mountain View, CA 94041
      View Details
    • Contact for pricing
      20,255 SF

      Class A Office Space Available

      Three-story Class A office building with open floor plans.
      150 W Evelyn Ave, Mountain View, CA 94041
      View Details
    • Contact for pricing
      9,941 SF

      Downtown Mountain View Office Building

      Three-story office building in the heart of downtown Mountain View.
      274-282 Castro St, Mountain View, CA 94041
      View Details
    • Contact for pricing
      10,821 SF

      New Construction Office Space

      New construction office space with retail and terrace.
      300 Hope St, Mountain View, CA 94041
      View Details
    • Contact for pricing
      6,530 SF

      Mountain View Office Sublease

      Office space available for sublease in Mountain View, California.
      150 W Evelyn Ave, Mountain View, CA 94041
      View Details
    • Contact for pricing
      12,154 SF

      Class A Office Space Available

      73,499 SF of Class A office space for rent.
      650 Castro St, Mountain View, CA 94041
      View Details
    View Listing
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    Mountain View, CA 94041
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    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
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