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Property profile & analytics
OFF-MARKET
Estimated value
$7,680,000
Retail space
209 Middlefield Rd Mountain View, CA 94043-3909
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0674204
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1984
Construction
WOOD
Total area
4,180 SF
Lot
0.56 ac (24,360 SF)
Zoning code
CN
APN
160-28-004
UPID
US09-0674204
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.37M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.68M
Owner & transaction history
Lakewood Paramount LLC · 4 yrs held
Lakewood Paramount LLC
since 2022
Last sale
$8.0M
7 recorded transactions
Zoning & alternative use
CN · Mountain View, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$7,345,000
ML approach
$7,370,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.68M
Range $6.91M – $8.45M · ±10% · vs last sale $8.00M (May 6 2022)
Last sale anchor
$8.00M
May 6 2022
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
$1,837 / 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
$60,923
Tax year 2024
Assessed value
$5,202,000
Assessed 2024
Previous assessed
$5,202,000
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$4,681,800
Assessed improvement
$520,200
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
WOOD
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
4,180 SF
Lot
0.56 ac (24,360 SF)
Zoning code
CN
APN
160-28-004
UPID
US09-0674204
Jurisdiction
SANTA CLARA
Zoning & alternative use
CN · Mountain View, CA
Zoning CN · permitted uses
CN · 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.
Building & site characteristics
From public records
Year built
1984
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.56 ac
Current owner
From public records · entity-resolved
Lakewood Paramount LLC
Entity
Mailing address
20569 BLOSSOM LN, CUPERTINO, CA 95014-4304
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
23 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2024
—
Lakewood Paramount LLC
—
Deed
related
$1,000,000 · East West Bank
Jun 30, 2023
—
Lakewood Paramount LLC
—
Deed
related
$4,700,000 · East West Bank
May 6, 2022
$8,000,000
Lakewood Paramount LLC
East Middlefield LLC
Grant Deed
$4,700,000 · East West Bank
Oct 9, 2019
—
East Middlefield LLC
Stella Property LP
Correction Deed
related
—
Jun 12, 2019
—
Stella Property LP
Carl Karcher Ents LLC
Quit Claim Deed
related
—
Jun 11, 2019
$4,000,000
East Middlefield LLC
Stella Property LP
Grant Deed
$1,600,000 · First Republic Bank
Apr 29, 2019
—
Wierdsma,b Living Trust
Wierdsma,be
Quit Claim Deed
related
—
Mar 28, 2019
—
Be Wierdsma
Wierdsma Family Trust
Quit Claim Deed
related
—
Feb 19, 2019
—
C T Thompson
—
Loan Modification
related
$54,000,000 · City Nat'l Bk
Feb 24, 2017
—
Thompson,c T & S A Trust
—
Deed
related
$54,000,000 · City Nat'l Bk
Jul 27, 2011
—
Twm Of Fresno LLC
—
Deed Of Trust
related
$12,000,000 · City National Bank
Feb 28, 2007
—
Twm Of Fresno LLC
—
Deed Of Trust
related
$13,500,000 · City National Bank
Oct 27, 2005
—
Wierdsma Family Trust
Wierdsma Be Trust
Quit Claim Deed
related
—
Apr 14, 2003
—
Wierdsma,tr
Wierdsma,bernardo
Quit Claim Deed
related
—
Dec 17, 1999
$683,000
Stella Property LP
Carl Karcher Enterprises INC
Grant Deed
$614,700 · California Federal Bank
—
—
Stella Property LP
—
Deed Of Trust
related
$311,157 · City National Bank
—
—
Carl Karcher Enterprises INC
—
Deed Of Trust
related
—
—
—
Stella Property
—
Deed Of Trust
related
$420,548 · City National Bank
—
—
Thompson,c T & S A Trust
—
Loan Modification
related
$22,500,000 · City Nat'l Bk
—
—
Thompson,c T & S A Trust
—
Loan Modification
related
$54,000,000 · City Nat'l Bk
—
—
Stella Property LP
—
Deed Of Trust
related
$860,000 · California Federal Bank
—
—
Stella Property LP
—
Deed Of Trust
related
$3,531,500 · Citibank West Fsb
—
—
Stella Property
—
Deed Of Trust
related
—
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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