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Property profile & analytics
OFF-MARKET
Estimated value
$4,535,000
Super regional malls
550 Showers Dr, Mountain View, CA 94040-1431
Entity Owned
Free & Clear
Property ID
US09-2380165
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1964
Total area
39,400 SF
Lot
3.11 ac (135,471 SF)
Zoning code
P
APN
148-22-016
UPID
US09-2380165
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
-
Self Care 911 Med Spa Medical Clinic Skin Care Clinic
-
Hair by Naomi Studio 19 Hair Salon
-
Sola Salons Mountain View Hair Salon Nail Salon
-
24 Hour Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.54M
Owner & transaction history
Grasshopper Properties LLC
Grasshopper Properties LLC
since 2026
7 recorded transactions
Zoning & alternative use
P · 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
$115 / 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
$13,753,547
Assessed 2023
Previous assessed
$13,483,871
+2.0% YoY
Assessed land
$6,166,283
Assessed improvement
$7,587,264
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1964
Heating
NONE
Cooling
YES
Buildings
4
Stories
1
Total area
39,400 SF
Lot
3.11 ac (135,471 SF)
Zoning code
P
APN
148-22-016
UPID
US09-2380165
Jurisdiction
SANTA CLARA
Zoning & alternative use
P · Mountain View, CA
Zoning P · permitted uses
P · 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
1964
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Lot
3.11 ac
Current owner
From public records · entity-resolved
Grasshopper Properties LLC
Entity
Free & Clear · 0 yrs held
Mailing address
5580 GREENPOINT CT, NEWARK, CA 94560-4110
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2026
$2,000,000
Grasshopper Properties LLC
Love David
Grant Deed
—
Apr 20, 2026
—
Love Bypass Trust
Ann Bernegger
Grant Deed
—
Mar 24, 2026
—
Rodney & Diane Santos 2002 Trust
Diane Santos
Deed
related
—
Jan 30, 2025
$3,900,000
Grasshopper Properties LLC
Jarrod S Pellizzer
Grant Deed
—
Apr 24, 2023
—
Jarrod S Pellizzer
Jarrod Pellizzer
Intrafamily Transfer
related
—
Sep 27, 2022
—
Harry J Love JR
Harry J Love JR
Intrafamily Transfer
related
—
Aug 17, 2021
—
Jarrod Pellizzer
Jarrod Pellizzer
Intrafamily Transfer
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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