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Property profile & analytics
OFF-MARKET
Estimated value
$28,085,000
Retail space
840 El Camino Real Mountain View, CA 94040-2808
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-2510630
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1999
Construction
STEEL & CONCRETE
Total area
84,624 SF
Lot
2.34 ac (101,887 SF)
Zoning code
C3T
APN
161-10-056
UPID
US09-2510630
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
-
Aloft Mountain View Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$35.17M
Comparable Approach
Comparable
$17.64M
Blend (final)
Blend
$28.09M
Owner & transaction history
Il El Camino Hotel LLC · 10 yrs held
Il El Camino Hotel LLC
since 2016
6 recorded transactions
Zoning & alternative use
C3T · Mountain View, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$39.6M
+1.0%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$38,095,000
6.5%
$35,165,000
7%
$32,655,000
Alternative Use
Use
Estimation
RETAIL STORES
$39,190,000
Current use
INDUSTRIAL (GENERAL)
$39,575,000
Change: +1% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$36,525,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$28.09M
Range $25.28M – $30.89M · ±10%
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
$332 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$720,839
Tax year 2024
Assessed value
$56,827,185
Assessed 2024
Previous assessed
$56,827,185
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$15,900,433
Assessed improvement
$40,926,752
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1999
Construction
STEEL & CONCRETE
Heating
NONE
Cooling
YES
Stories
4
Units
160
Total area
84,624 SF
Lot
2.34 ac (101,887 SF)
Zoning code
C3T
APN
161-10-056
UPID
US09-2510630
Jurisdiction
SANTA CLARA
Zoning & alternative use
C3T · Mountain View, CA
Zoning C3T · permitted uses
C3T · 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
RETAIL STORES Current
Est. value
$39.2M
INDUSTRIAL (GENERAL)
Est. value
$39.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$36.5M
RETAIL STORES Current
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1999
Construction
STEEL & CONCRETE
Heating
NONE
Cooling
Yes
Stories
4
Units
160
Lot
2.34 ac
Current owner
From public records · entity-resolved
Il El Camino Hotel LLC
Entity
Mailing address
840 E EL CAMINO REAL BLVD #331, MOUNTAIN VIEW, CA 94040-2808
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
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
Jan 9, 2019
—
Il El Camino Hotel LLC
—
Deed
related
$60,000,000 · Tpg Re Fin 2 Ltd
Jan 27, 2016
$74,000,000
Il El Camino Hotel LLC
Camino Real Group LLC
Trustees Deed
$51,500,000 · Natixis
Nov 5, 2010
—
Camino Real Group LLC
Camino Real Group LLC
Correction Deed
related
$10,600,000 · Wells Fargo Bank NA
Jun 11, 1998
—
Camino Real Group LLC
Cala Family Enterprises LLC
Quit Claim Deed
related
—
—
—
Il El Camino Hotel LLC
—
Deed Of Trust
related
$60,000,000 · Tpg Re Fin 2 Ltd
—
—
Camino Real Group LLC
—
Deed Of Trust
related
$12,500,000 · Wells Fargo 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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