Sign Up Successful!
You now have access to more from Realmo!
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

    1957 Old Middlefield Way Mountain View, CA 94043-2514

    • Industrial properties
    • 9,000 SF
    • 0.61 lot acres
    OFF-MARKET
    Value Estimations
    $1,595,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-0939001
    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

    • Ellison's Towing Inc / Towing Service

    Property Details for 1957 Old Middlefield Way

    Year built
    1963
    Construction
    TILT-UP CONCRETE
    Lot size
    0.61 lot acres
    Property size
    9,000 SF
    Zone code
    CS
    Property type
    Industrial properties
    APN
    153-04-049
    APU
    15304049

    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
    -122.09
    Latitude
    37.4138
    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
    $24,787
    $1,515,011
    $504,999
    $2,020,010
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      500 Ferguson Dr

      Restaurants
      500 Ferguson Dr, Mountain View, CA 94043
      View Details
    • Value Estimation
      $4,425,000
      25,975 SF

      501 Ellis St

      INDUSTRIAL (GENERAL) • 25,975 SF
      501 Ellis St, Mountain View, CA 94043-2205
      View Details
    • Value Estimation
      $2,905,000
      16,182 SF

      599 Fairchild Dr

      INDUSTRIAL (GENERAL) • 16,182 SF
      599 Fairchild Dr, Mountain View, CA 94043-2217
      View Details
    • Value Estimation
      $2,340,000
      13,600 SF

      2195 Leghorn St

      INDUSTRIAL (GENERAL) • 13,600 SF
      2195 Leghorn St, Mountain View, CA 94043-1605
      View Details
    • Value Estimation
      $2,650,000
      15,638 SF

      855 Maude Ave

      INDUSTRIAL (GENERAL) • 15,638 SF
      855 Maude Ave, Mountain View, CA 94043-4021
      View Details
    • Value Estimation
      $1,730,000
      7,156 SF

      1080 La Avenida St Sta, Unit A

      INDUSTRIAL (GENERAL) • 7,156 SF
      1080 La Avenida St Sta, Mountain View, CA 94043-1422
      View Details

    Similar Nearby for Sale

    • 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
    • $8,599,000
      13,372 SF

      Mountain View R&D Facility

      Class A Industrial Space, Vacant, $8.5M
      2189 Leghorn St, 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
      13,650 SF

      Mountain View Flex / Industrial Space

      13,650 SF flex/industrial building in Mountain View, CA for sale.
      2189 Leghorn St, 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
    • $60,000
      1.11 Acres

      Waterfront Land Near Lake Norman

      Residential land in waterfront neighborhood, close to amenities and lake.
      8487 Mayflower Ct, Mountain View, CA 94043
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      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
    • $4 SF/Yr
      13,200 SF

      Class A Lab Space Available

      High-end lab and office space in Mountain View, CA.
      380 Logue Ave, Mountain View, CA 94043
      View Details
    • Contact for pricing
      24,000 SF

      Mountain View Flex/Industrial Space

      Flexible lease terms and expansion opportunities in Mountain View.
      1277 Terra Bella Ave, Mountain View, CA 94043
      View Details
    • Contact for pricing
      25,518 SF

      Freestanding Building with Labs/Warehouse

      Single-story building featuring modern office, labs, and warehouse space.
      815 E Middlefield Rd, Mountain View, CA 94043
      View Details
    • Contact for pricing
      27,790 SF

      Freestanding Building with Hardware Lab

      Single-story, 27,790 SF building featuring offices, conference rooms, and lab.
      440 N Bernardo Ave, Mountain View, CA 94043
      View Details
    • $30 SF/Yr
      5,123 SF

      Mountain View Flex Space Available

      Flex space near Googleplex and Microsoft, ideal for startups.
      1110 La Avenida St, Mountain View, CA 94043
      View Details

    Property Visit Statistics

    • Visits by month
      13.2k
    • Visitors by month
      8.3k
    • Avg Time on site
      11 min
    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.
    1957 Old Middlefield Way
    Mountain View, CA 94043-2514
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.