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Property profile & analytics
OFF-MARKET
Estimated value
$1,700,000
Warehouses
2128 University Ave Mountain View, CA 94040-1618
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-3397865
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Lot
0.18 ac (8,050 SF)
Zoning code
R1
APN
148-38-032
UPID
US09-3397865
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
$1.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.70M
Owner & transaction history
Aro Properties Norcal 1 LLC · 1 yrs held
Aro Properties Norcal 1 LLC
since 2024
Last sale
$1.7M
1 recorded transaction
Zoning & alternative use
R1 · Mountain View, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The R1 zoning district is intended for detached, single-family dwellings, dual urban opportunity developments and similar and related uses compatible with a quiet, family living environment
Zone name
Residential Single Family
General category
RESIDENTIAL
Zone area
1,112.77 ac
Source
Realmo
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
$1,700,000
ML approach
$1,700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.70M
Range $1.53M – $1.87M · ±10% · vs last sale $1.70M (Oct 3 2024)
Last sale anchor
$1.70M
Oct 3 2024
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
—
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
$967
Tax year 2024
Assessed value
$46,176
Assessed 2024
Previous assessed
$46,176
+0.0% YoY
Effective rate
2.09%
On assessed value
Assessed land
$46,176
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
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Heating
NONE
Lot
0.18 ac (8,050 SF)
Zoning code
R1
APN
148-38-032
UPID
US09-3397865
Jurisdiction
SANTA CLARA
Zoning & alternative use
R1 · Mountain View, CAZoning R1 · permitted uses
R1 · Mountain View, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The R1 zoning district is intended for detached, single-family dwellings, dual urban opportunity developments and similar and related uses compatible with a quiet, family living environment
Zone name
Residential Single Family
General category
RESIDENTIAL
Zone area
1,112.77 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
0.18 ac
Current owner
From public records · entity-resolved
Aro Properties Norcal 1 LLC
Entity
Mailing address
2128 UNIVERSITY AVE, MOUNTAIN VIEW, CA 94040-1618
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2024
$1,700,000
Aro Properties Norcal 1 LLC
Heather Jean Kehres
Grant Deed
$850,000 · Anchor Loans LP A Delaware
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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