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Property profile & analytics
OFF-MARKET
Estimated value
$2,540,000
Outlet malls
2484 Old Middlefield Way Mountain View, CA 94043-2317
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US09-2374591
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1961
Construction
TILT-UP CONCRETE
Total area
12,800 SF
Lot
0.86 ac (37,560 SF)
Zoning code
CS
APN
147-05-101
UPID
US09-2374591
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
-
9 Fruits Bilingual School Language School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.54M
Owner & transaction history
Nine Fruits Corporation · 14 yrs held
Nine Fruits Corporation
since 2011
7 recorded transactions
Zoning & alternative use
CS · 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
$198 / 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
$2,836,503
Assessed 2023
Previous assessed
$2,826,807
+0.3% YoY
Assessed land
$1,810,921
Assessed improvement
$1,025,582
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1961
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
12,800 SF
Lot
0.86 ac (37,560 SF)
Zoning code
CS
APN
147-05-101
UPID
US09-2374591
Jurisdiction
SANTA CLARA
Zoning & alternative use
CS · Mountain View, CA
Zoning CS · permitted uses
CS · 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
1961
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.86 ac
Current owner
From public records · entity-resolved
Nine Fruits Corporation
Entity
Mailing address
2484 OLD MIDDLEFIELD WAY, MOUNTAIN VIEW, CA 94043-2317
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2019
—
Nine Fruits Corp
—
Deed
related
$1,300,000 · Bank Of America
Dec 2, 2011
$1,950,000
Nine Fruits Corporation
The Sheppel Enterprises Limited Par
Grant Deed
$1,552,000 · Us Bank NA
Dec 2, 2011
—
Donna B Sheppel
Sheppel,thomas A B
Affidavit Of Death
related
—
Feb 24, 2005
—
Sheppel Family Ents
Sheppel,russell M
Quit Claim Deed
—
Jan 10, 1995
—
Sheppel Trust
Sheppel,thomas B & Donna B
Quit Claim Deed
related
—
Dec 14, 1993
—
Sheppel Trust
Sheppel,thomas&d
Quit Claim Deed
related
—
Nov 8, 1993
—
Thomas Sheppel
Sheppel,thomas
Quit Claim Deed
related
—
Jul 23, 1993
$133,000
Thomas Sheppel
Allan,e./sheppel
Grant Deed
related
—
—
—
Nine Fruits Corp
—
Deed Of Trust
related
$1,300,000 · Bank Of America
—
—
Sheppel Ents
—
Deed Of Trust
related
$810,000 · Scott Valley Bank
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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