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Property profile & analytics
FOR LEASE
Office buildings
636 Ellis St Mountain View, CA 94043
Entity Owned
3-yr Hold
Free & Clear
Property ID
US09-0195864
For Lease
$9,865,000
636 Ellis St, Mountain View, CA 94043
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2001
Construction
WOOD
Total area
14,612 SF
Lot
0.56 ac (24,480 SF)
Zoning code
ML
APN
160-54-023
UPID
US09-0195864
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
-
HARMAN Services, Incorporated Ltd. Corporate Office Business Park
-
Huemen Design Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Marimba Tech Support Center (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.01M
CAP Approach
CAP
$8.44M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.87M
Owner & transaction history
Si 33 LLC · 3 yrs held
Si 33 LLC
since 2023
Last sale
$10.6M
6 recorded transactions
Zoning & alternative use
ML · Mountain View, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$15.0M
+50.7%
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
$10,670,000
ML approach
$9,010,000
CAP Approach
CAP Return
Estimation
6%
$9,140,000
6.5%
$8,435,000
7%
$7,835,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$9,965,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$15,015,000
Change: +51% · Conversion: Difficult
Blend value · Realmo final
$9.87M
Range $8.88M – $10.85M · ±10% · vs last sale $10.60M (Feb 2 2023)
Last sale anchor
$10.60M
Feb 2 2023
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
$675 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$115,957
Tax year 2023
Assessed value
$9,861,184
Assessed 2023
Previous assessed
$9,861,184
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$3,681,211
Assessed improvement
$6,179,973
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
2001
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
2
Units
1
Total area
14,612 SF
Lot
0.56 ac (24,480 SF)
Zoning code
ML
APN
160-54-023
UPID
US09-0195864
Jurisdiction
SANTA CLARA
Zoning & alternative use
ML · Mountain View, CA
Zoning 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
Mountain View. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$10.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$15.0M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
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
2001
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Lot
0.56 ac
Current owner
From public records · entity-resolved
Si 33 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
599 CASTRO ST STE #400, MOUNTAIN VIEW, CA 94041-3009
Ownership since
2023
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
Feb 2, 2023
—
Si 33 LLC
Si 33 LLC
Intrafamily Transfer
related
—
Jan 25, 2017
$10,600,000
Si 33 LLC
Sunnyvale Properties II LLC
Grant Deed
—
Nov 10, 2014
$38,500,000
Sunnyvale Properties II LLC
Silicon Valley Ca-i LLC
Grant Deed
—
Apr 26, 2006
—
Silicon Valley Ca-i LLC
Peery R T 1976 Trust
Grant Deed
—
Oct 30, 1998
—
Michael K Yee
Yee,madeline F
Quit Claim Deed
related
—
Oct 7, 1998
$29,000
Lynnell J Yee
Yee,merrill K
Grant 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
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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