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Property profile & analytics
OFF-MARKET
Estimated value
$2,330,000
Retail space
1905 Old Middlefield Way Mountain View, CA 94043-2502
Individually Owned
2-yr Hold
Free & Clear
Property ID
US09-1832869
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1984
Construction
TILT-UP CONCRETE
Total area
5,800 SF
Lot
0.55 ac (23,850 SF)
Zoning code
CS
APN
153-05-010
UPID
US09-1832869
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Mountain View Radiator Auto Repair Shop
-
Perfection Auto Detail Car Wash
-
Bill's Towing and Family towing Auto Repair Shop
-
Family Towing Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.29M
CAP Approach
CAP
$2.41M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.33M
Owner & transaction history
Greg B Herrera · 2 yrs held
Greg B Herrera
since 2023
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
CS · Mountain View, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.8M
+5.5%
Industrial (general)
$2.7M
+1.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mountain View submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mountain View submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,255,000
ML approach
$2,290,000
CAP Approach
CAP Return
Estimation
6%
$2,610,000
6.5%
$2,410,000
7%
$2,240,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,685,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,835,000
Change: +5% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,710,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$2.33M
Range $2.10M – $2.56M · ±10% · vs last sale $2.35M (Nov 8 2023)
Last sale anchor
$2.35M
Nov 8 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$402 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$33,639
Tax year 2024
Assessed value
$2,768,961
Assessed 2024
Previous assessed
$2,768,961
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$2,120,910
Assessed improvement
$648,051
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
2
Units
1
Total area
5,800 SF
Lot
0.55 ac (23,850 SF)
Zoning code
CS
APN
153-05-010
UPID
US09-1832869
Jurisdiction
SANTA CLARA
Zoning & alternative use
CS · Mountain View, CA
Zoning CS · permitted uses
CS · Mountain View, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mountain View. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.8M
INDUSTRIAL (GENERAL)
Est. value
$2.7M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Greg B Herrera
Individual
Free & Clear · 2 yrs held
Mailing address
1905 W MIDDLEFIELD RD, MOUNTAIN VIEW, CA 94043-2911
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2023
—
Greg B Herrera
Greg B Herrera
Intrafamily Transfer
related
—
Oct 22, 2018
—
Greg B Herrera
—
Deed
related
$1,930,000 · Jpmorgan Chase Bank NA
May 1, 2015
—
Albert Barouni
Abranosian Silva
Quit Claim Deed
related
—
May 1, 2015
$253,000
George|baronian Vahe Barooni
Barooni Imports
Grant Deed
—
May 1, 2015
$2,350,000
Greg B Herrer
George Barooni
Grant Deed
$2,168,500 · Open Bank
Jan 14, 1997
$650,000
Barooni Imports
American Terrazzo Pension
Grant Deed
$263,000 · Liberty National Bank
Jul 1, 1996
$470,054
American Terrazzo Psp
Rand,morton T & Barbara A
Grant Deed
—
—
—
Rand M.
—
Deed Of Trust
related
$10,000 · American Terrazz
—
—
Rand M.
—
Deed Of Trust
related
$25,000 · Individual
—
—
Rand M.
—
Deed Of Trust
related
$50,000 · Individual
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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