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Property profile & analytics
OFF-MARKET
Estimated value
$12,020,000
Life science properties
480 Ellis St Mountain View, CA 94043-2204
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-2510024
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1966
Construction
CONCRETE
Total area
17,620 SF
Lot
1.06 ac (46,174 SF)
Zoning code
ML
APN
160-54-015
UPID
US09-2510024
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
$8.57M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$15.52M
Blend (final)
Blend
$12.02M
Owner & transaction history
Amlogic Ca Co INC · 1 yrs held
Amlogic Ca Co INC
since 2024
Last sale
$11.8M
7 recorded transactions
Zoning & alternative use
ML · Mountain View, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is designed to provide an environment conducive to the development and protection of modern, large-scale administrative facilities, research institutions and specialized manufacturing organizations, all of a non nuisance type
Zone name
Administrative Research And Limited Industrial
General category
INDUSTRIAL
Zone area
87.58 ac
Source
Realmo
Top alternative use upside
Neighborhood: shopping center
$18.1M
+79.9%
Office building
$12.0M
+19.4%
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
$12,375,000
ML approach
$8,570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL
$10,065,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$18,110,000
Change: +80% · Conversion: Difficult
OFFICE BUILDING
$12,015,000
Change: +19% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,605,000
Change: -14% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$8,240,000
Change: -18% · Conversion: Difficult
RETAIL STORES
$8,160,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$12.02M
Range $10.82M – $13.22M · ±10% · vs last sale $11.81M (May 21 2024)
Last sale anchor
$11.81M
May 21 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
$682 / 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
$13,413,000
Assessed 2023
Previous assessed
$6,426,236
+108.7% YoY
Assessed land
$10,812,000
Assessed improvement
$2,601,000
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
Off-Market
Year built
1966
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
17,620 SF
Lot
1.06 ac (46,174 SF)
Zoning code
ML
APN
160-54-015
UPID
US09-2510024
Jurisdiction
SANTA CLARA
Zoning & alternative use
ML · Mountain View, CAZoning ML · permitted uses
ML · Mountain View, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is designed to provide an environment conducive to the development and protection of modern, large-scale administrative facilities, research institutions and specialized manufacturing organizations, all of a non nuisance type
Zone name
Administrative Research And Limited Industrial
General category
INDUSTRIAL
Zone area
87.58 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL Current
Est. value
$10.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$18.1M
OFFICE BUILDING
Est. value
$12.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.6M
INDUSTRIAL (GENERAL)
Est. value
$8.2M
RETAIL STORES
Est. value
$8.2M
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1966
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
1.06 ac
Current owner
From public records · entity-resolved
Amlogic Ca Co INC
Entity
Mailing address
1960 THE ALAMEDA BLVD STE 20TH SAN JOSE
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2024
$11,812,500
Amlogic Ca Co INC
Ellis National Investments LLC
Grant Deed
—
Apr 27, 2022
$13,150,000
Ellis National Investments LLC
Deerfield Ellis LLC
Grant Deed
$9,000,000 · Comerica Bank
Mar 13, 2019
—
Deerfield Ellis LLC
—
Deed
related
$2,628,318 · Wells Fargo Bank NA
Jul 2, 2018
—
Deerfield Ellis LLC
Deerfield 2000 LLC
Quit Claim Deed
—
Jan 8, 2016
$224,000
Bianchi Jv LP
Butts,j Arch III
Grant Deed
—
Jun 23, 2014
—
Deerfield Bordeaux LLC
Xchange Solutions INC
Grant Deed
—
Jan 15, 2014
—
Cameron L Bianchi
Bianchi,tito J
Quit Claim Deed
$3,025,000 · Wells Fargo Bank NA
Aug 7, 2008
$3,000,000
Spieker Investments Natl LLC
Kem
Grant Deed
$3,240,000 · City National Bank
—
—
Spieker Investments Natl LLC
—
Deed Of Trust
related
$3,240,000 · City National Bank
—
—
Spieker Investments Natl LLC
—
Deed Of Trust
related
$2,500,000 · First Republic 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.
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