Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,615,000
Office buildings
897 Independence Ave Mountain View, CA 94043-2341
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-1803567
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Construction
TILT-UP CONCRETE
Total area
36,780 SF
Lot
2.57 ac (111,949 SF)
Zoning code
MM-40
APN
147-06-045
UPID
US09-1803567
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
-
Lund Pearson McLaughlin Fire Protection Systems Production Facility Building Supply
-
Kinetic River Consultant
-
Compact Imaging Inc (Bike/Boat/Book/etc) Store Corporate Office
-
Medhus Bio, Inc. Research Institute
-
Rocio Guitard Vocal Studio Vocational School Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.20M
Blend (final)
Blend
$1.62M
Owner & transaction history
Leslie Stuwe · 1 yrs held
Leslie Stuwe
since 2025
Last sale
$1.1M
6 recorded transactions
Zoning & alternative use
MM-40 · 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
Method
Estimation
Statistic approach
$1,685,000
ML approach
$2,070,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.62M
Range $1.45M – $1.78M · ±10% · vs last sale $1.06M (Jun 3 2025)
Last sale anchor
$1.06M
Jun 3 2025
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
$44 / 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
$44,030
Tax year 2024
Assessed value
$3,485,761
Assessed 2024
Previous assessed
$3,485,761
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$1,675,487
Assessed improvement
$1,810,274
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
Off-Market
Year built
1979
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
NONE
Stories
1
Units
30
Total area
36,780 SF
Lot
2.57 ac (111,949 SF)
Zoning code
MM-40
APN
147-06-045
UPID
US09-1803567
Jurisdiction
SANTA CLARA
Zoning & alternative use
MM-40 · Mountain View, CA
Zoning MM-40 · permitted uses
MM-40 · 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
1979
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
30
Lot
2.57 ac
Current owner
From public records · entity-resolved
Leslie Stuwe
Individual
Mailing address
897 INDEPENDENCE AVE STE 4J, MOUNTAIN VIEW, CA 94043-2357
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Jun 3, 2025
—
Leslie Stuwe
Leslie Stuwe
Deed
related
—
Nov 1, 2019
—
Johnsie B Moffett
—
Deed
related
$5,500,000 · Jpmorgan Chase Bank NA
May 2, 2016
—
Johnsie B Moffett 1994 Trust
Johnsie B Moffett
Intrafamily Transfer
related
$5,000,000 · Jpmorgan Chase Bank NA
Feb 18, 2000
$1,055,000
Moffett Trust
Cooper Trust
Grant Deed
—
Apr 9, 1998
—
Imbernon Trust
—
Deed Of Trust
related
$1,850,000 · Citibank Fsb
Jun 27, 1996
—
Imbernon Trust
Imbernon Trust
Quit Claim Deed
related
$1,850,000 · Bank Of Los Altos
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?”
You own 897 Independence Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
