1952 El Camino RealMountain View, CA 94040

  • Retail space
  • 19,845 SF
For Lease
$33/SF/YR View listing

Property Details for 1952 El Camino Real

Year built
1959
Lot size
1.06 AC
Property size (Sq ft)
19,845 SF
Zone code
CRA
Property type
Retail space
APN
154-36-014
APU
15436014

Description

This exceptional 19,845-square-foot retail building is located at 1952 W El Camino Real in Mountain View, California, within Santa Clara County (zip code 94040). The property is currently vacant and offers a single-tenant occupancy opportunity. The building presents a significant chance for businesses seeking a high-visibility location on a major thoroughfare. With ample parking for 58 vehicles, customer convenience is ensured. The property's size and location make it ideal for a variety of retail uses, providing significant potential for a new tenant to establish a strong presence in a thriving market. The building's total square footage is 19,845 square feet, all of which is currently available for lease. Its strategic location on West El Camino Real offers excellent exposure to high traffic volumes and a dense population base. This presents a rare opportunity to secure a substantial retail space in a highly desirable area of Mountain View. The property is classified as commercial retail and is situated at 37.394562 latitude and -122.0974583 longitude. This prime location offers unparalleled access to a vibrant community and strong consumer base. Serious inquiries are encouraged to explore the possibilities of this exceptional retail space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $18,120,780
    6.5%
    $16,726,874
    7%
    $15,532,097
  • Comparable approach

    Method
    Valuation
    Relative Method
    $24,219,952
    Geo Method
    $13,948,122
  • Alternative Use

    Use
    Valuation
    Residential
    $14,109,744
    Hospitality
    $12,924,449
    Educational
    $10,752,990
    Medical
    $11,122,802
    Retail
    $16,726,874

Location Insight

City
Mountain View
County
Santa Clara
State
California
Latitude
37.3944
Longitude
-122.098
CBSA code
41940
CBSA name
SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$40,804
$1,887,988
$1,538,505
$3,426,493
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