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Property profile & analytics
FOR LEASE
Retail space
2400 Charleston Rd Mountain View, CA 94043
Entity Owned
4-yr Hold
Free & Clear
Property ID
US09-0319554
For Lease
1 / 2
$4,430,000
2400 Charleston Rd, Mountain View, CA 94043
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
CONCRETE
Total area
9,990 SF
Lot
1.02 ac (44,388 SF)
Zoning code
MM-40
APN
147-02-019
UPID
US09-0319554
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
-
Chipotle Mexican Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.33M
CAP Approach
CAP
$4.15M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.43M
Owner & transaction history
Charleston Mountain View Owner LLC · 4 yrs held
Charleston Mountain View Owner LLC
since 2022
Last sale
$4.7M
6 recorded transactions
Zoning & alternative use
MM-40 · Mountain View, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$6.8M
+47.2%
Apartment house (5+ units)
$4.9M
+5.5%
Industrial (general)
$4.7M
+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
$4,300,000
ML approach
$4,330,000
CAP Approach
CAP Return
Estimation
6%
$4,495,000
6.5%
$4,150,000
7%
$3,855,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,625,000
Current use
OFFICE BUILDING
$6,810,000
Change: +47% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$4,880,000
Change: +5% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,670,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$4.43M
Range $3.99M – $4.87M · ±10% · vs last sale $4.68M (Apr 1 2022)
Last sale anchor
$4.68M
Apr 1 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
$443 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$9,000,480
Assessed 2023
Previous assessed
$9,083,626
-0.9% YoY
Assessed land
$3,395,580
Assessed improvement
$5,604,900
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
For Lease
Year built
2006
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
6
Total area
9,990 SF
Lot
1.02 ac (44,388 SF)
Zoning code
MM-40
APN
147-02-019
UPID
US09-0319554
Jurisdiction
SANTA CLARA
Zoning & alternative use
MM-40 · Mountain View, CA
Zoning MM-40 · permitted uses
MM-40 · 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
$4.6M
OFFICE BUILDING
Est. value
$6.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.9M
INDUSTRIAL (GENERAL)
Est. value
$4.7M
RETAIL STORES Current
OFFICE BUILDING
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
2006
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
6
Lot
1.02 ac
Current owner
From public records · entity-resolved
Charleston Mountain View Owner LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1160 BATTERY ST STE #100, SAN FRANCISCO, CA 94111-1233
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2022
$4,683,500
Charleston Mountain View Owner LLC
T C Charleston Plaza LLC
Grant Deed
—
Dec 19, 2012
$43,138,500
T-c Charleston Plaza LLC
Charleston Plaza LLC
Grant Deed
—
Aug 8, 2006
—
Charleston Plaza LLC
Dollinger Charleston Assocs
Quit Claim Deed
related
—
Mar 4, 2005
$4,400,000
Dollinger Charleston Assocs
Koch Trust
Grant Deed
—
Jan 23, 1996
—
Koch Trust
Koch Trust
Quit Claim Deed
related
—
Apr 16, 1993
—
Randy V Edwards
Edwards Walter G
Quit Claim Deed
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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