Entity Owned Property summary
AI-generated overview
The property is a freestanding flex/industrial building with approximately 59,251 square feet of space. It includes 13 offices, 12 conference rooms, an executive business center, and two break rooms. The laboratory areas are served by dedicated HVAC systems. Building access is provided by three grade-level doors (two glassed-in) and one dock well. A fenced equipment pad is included, and there is potential for an outdoor amenity area. The building is positioned for prominent identity and visibility on Middlefield Road, with parking provided at approximately 3.3 spaces per 1,000 square feet, and includes three EV charging stations. The site also provides built-in expansion opportunities within a larger project comprising 16 buildings totaling approximately 600,000 square feet.
Property profile
Verified
Property type
Other apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2023
Construction
WOOD
Total area
640,105 SF
Lot
7.9 ac (344,124 SF)
Zoning code
R3-2*
APN
153-24-026
UPID
US09-1585811
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Apartment Building
-
Apartment Building
-
Condominium Complex
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.14M
Owner & transaction history
since 2022
1 recorded transaction
Zoning & alternative use
R3-2* · Mountain View, CA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$12.14M
Value range
$10.92M – $13.35M
±10% around blend
Estimated value / SF
$19 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$10.92M
blend $12.14M
$13.35M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
640,105 SF
Lot area
7.9 ac
Year built
2023
Stories
5
APN
153-24-026
Zoning
R3-2*
Assessed value
$167,211,838
Annual tax
$1,995,066
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$12.14M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 60 sales
$488
-96%
County 711 sales
$418
-95%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $19/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$167.21M
Move the market yield to see immediate price impact.
Value / SF
$261
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$10.53M
$210.69M
$150.49M
$117.05M
$11.70M
$234.10M
$167.21M
$130.05M
$12.88M
$257.51M
$183.93M
$143.06M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$1,995,066
Tax year 2024
Assessed value
$167,211,838
Assessed 2024
Previous assessed
$167,211,838
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$59,671,838
Assessed improvement
$107,540,000
Applied tax rate
5.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2023
Construction
WOOD
Heating
NONE
Stories
5
Units
572
Total area
640,105 SF
Lot
7.9 ac (344,124 SF)
Zoning code
R3-2*
APN
153-24-026
UPID
US09-1585811
Jurisdiction
SANTA CLARA
Zoning & alternative use
R3-2* · Mountain View, CAZoning R3-2* · permitted uses
R3-2* · Mountain View, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2023
Construction
WOOD
Heating
NONE
Stories
5
Units
572
Lot
7.9 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R3-2*
Jurisdiction
Mountain View, CA
Recorded code
R3-2*
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R3-2* in Mountain View, CA.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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