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Property profile & analytics
FOR LEASE
Office buildings
2440 W El Camino Real Mountain View, CA 94040
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3204868
For Lease
1 / 2
$8,870,000
2440 W El Camino Real, Mountain View, CA 94040
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Total area
244,256 SF
Lot
1.65 ac (71,835 SF)
Zoning code
P(10)
APN
148-28-007
UPID
US09-3204868
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
-
Aerospike Corporate Office
-
Kirsch Foundation Charitable Organization
-
Flex Logix Technologies, Inc. Corporate Office
-
imdnow Medical Clinic
-
Peninsula Partnership-Children Social Service Agency Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.87M
Owner & transaction history
Bp West El Camino LLC · 14 yrs held
Bp West El Camino LLC
since 2011
5 recorded transactions
Zoning & alternative use
P(10) · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$36 / 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
$22,548,348
Assessed 2023
Previous assessed
$22,106,225
+2.0% YoY
Assessed land
$96
Assessed improvement
$22,548,252
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1987
Heating
NONE
Stories
3
Total area
244,256 SF
Lot
1.65 ac (71,835 SF)
Zoning code
P(10)
APN
148-28-007
UPID
US09-3204868
Jurisdiction
SANTA CLARA
Zoning & alternative use
P(10) · Mountain View, CA
Zoning P(10) · permitted uses
P(10) · 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
1987
Heating
NONE
Stories
3
Lot
1.65 ac
Current owner
From public records · entity-resolved
Bp West El Camino LLC
Entity
Free & Clear · 14 yrs held
Mailing address
4 EMBARCADERO CTR LBBY #1, SAN FRANCISCO, CA 94111-5906
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2011
$71,500,000
Bp West El Camino LLC
2440 El Camino LP
Grant Deed
—
Jan 28, 2000
—
Avalonbay Communities INC
Avalonbay Communities INC
Quit Claim Deed
related
—
May 28, 1997
$2,700,000
View Tower One LLC
Mitsul & Co INC
Grant Deed
$1,356,474 · Ecosponse LLC
Jun 29, 1989
—
Skyview North
Skyview 2400 El
Quit Claim Deed
related
$28,000,000 · Mitsui & Co
—
—
View Tower One LLC
—
Deed Of Trust
related
$1,700,000 · Tokai Bank California
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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