Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1949 Grant Rd Mountain View, CA 94040-3217

    • Assisted living facilities
    • 1.12 lot acres
    OFF-MARKET
    Last Sale
    May 23, 2023
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-2086100
    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.

    Current Use by Public Records

    • Dr. Saman Sabounchi / Physician
    • Mehran Md Jamali / Physician
    • Astha Shrestha / Physician
    • Nicholas Todd / Physician
    • Grant Cuesta Sub-acute and Rehabilitation Center / Nursing Home

    Property Details for 1949 Grant Rd

    Year built
    1961
    Lot size
    1.12 lot acres
    Zone code
    P(26)
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    197-38-038
    APU
    19738038

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Mountain View
    County
    Santa Clara
    State
    California
    Longitude
    -122.077
    Latitude
    37.3739
    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
    2024
    $46,043
    $2,287,595
    $1,589,020
    $3,876,615
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $625,000
      5,154 SF

      939 El Camino Real

      HOMES (RETIRED, NURSING) • 5,154 SF
      939 El Camino Real, Mountain View, CA 94040-2980
      View Details
    • Value Estimation by Request
      3.81 Acres

      1855 Miramonte Ave

      HOMES (RETIRED, NURSING) • 3.81 Acres
      1855 Miramonte Ave, Mountain View, CA 94040-4029
      View Details
    • Value Estimation by Request
      0.92 Acres

      1949 Grant Rd

      HOMES (RETIRED, NURSING) • 0.92 Acres
      1949 Grant Rd, Mountain View, CA 94040-3217
      View Details
    • Value Estimation
      $760,000
      1.76 Acres

      2530 Solace Pl

      HOMES (RETIRED, NURSING) • 1.76 Acres
      2530 Solace Pl, Mountain View, CA 94040-4309
      View Details
    • Value Estimation
      $635,000
      2.14 Acres

      2400 El Camino Real

      APARTMENT HOUSE (5+ UNITS) • 2.14 Acres
      2400 El Camino Real, Mountain View, CA 94040-4720
      View Details
    • Value Estimation
      $2,145,000
      5,340 SF

      555 Showers Dr

      RETAIL STORES (PERSONAL SERVICES) • 5,340 SF
      555 Showers Dr, Mountain View, CA 94040-4795
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      22,222 SF

      Mountain View Multifamily Investment Opportunity

      23-unit multifamily property in prime Silicon Valley location.
      1920 Latham St, Mountain View, CA 94040
      View Details
    • Contact for pricing
      1,751 SF

      Mixed-Use Opportunity in Mountain View

      Freestanding commercial building with flexible zoning in a prime location.
      821 W El Camino Real, Mountain View, CA 94040
      View Details
    • $8,928,000
      22,222 SF

      Mountain View Multifamily Investment Opportunity

      23-unit multifamily property in prime Mountain View location.
      1920 Latham St, Mountain View, CA 94040
      View Details
    • $4,704,500
      8,426 SF

      Medical Office Space For Sale

      Medical office space surrounded by hospitals and medical centers.
      412 West El Camino Real, Mountain View, CA 94040
      View Details
    • $3,900,000
      5,800 SF

      Mountain View Multifamily Investment Opportunity

      Well-maintained 10-unit apartment building in prime Mountain View location.
      470 Del Medio Ave, Mountain View, CA 94040
      View Details
    • Contact for pricing
      6,678 SF

      Established O'Reilly's Auto Parts Location

      Long-term corporate guaranteed net lease investment property.
      170 E El Camino Real, Mountain View, CA 94040
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,434 SF

      Mountain View Office Space Sublease

      Office space available for sublease in Mountain View, California.
      391 San Antonio Rd, Mountain View, CA 94040
      View Details
    • Sponsored
      Contact for pricing

      Mountain View Downtown

      Discover many ways to work your way in Mountain View Downtown
      800 El Camino Real, Mountain View, CA 94040
      View Details
    • Contact for pricing
      43,122 SF

      Mountain View Office Space Available

      Plug & Play office space in excellent Mountain View location.
      401 San Antonio Rd, Mountain View, CA 94040
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space on El Camino

      Retail space available in Mountain View, anchored by Cost Plus.
      1910 W El Camino Real, Mountain View, CA 94040
      View Details
    • Contact for pricing
      1,384 SF

      Medical/Office Space Near El Camino

      Professional medical/office space adjacent to El Camino Hospital.
      525 South Dr, Mountain View, CA 94040
      View Details
    • Contact for pricing
      5,308 SF

      Mountain View Office Space Available

      First floor office suite with recent upgrades and amenities.
      2465 Latham St, Mountain View, CA 94040
      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.
    1949 Grant Rd
    Mountain View, CA 94040-3217
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!