1211 Mary AveSunnyvale, CA 94087

  • Retail properties
  • 10,075 SF
For Lease

Property Details for 1211 Mary Ave

Year built
1961
Construction
WOOD
Lot size
5.68 AC
Property size (Sq ft)
10,075 SF
Zone code
C1
Property type
Retail properties
Property subtype
Strip malls
APN
202-24-032
APU
20224032

Description

Westmoor Village, located at 1211 S Mary Ave, Sunnyvale, CA 94087, offers exceptional office space opportunities within a vibrant retail center. This 60,909 square foot, Class C building, constructed in 1961, features 21 suites in a multi-tenant configuration. Currently, 2,520 square feet of office space is available, with individual suite sizes ranging from 1,780 to 2,520 square feet. The property sits on a 6-acre lot and is zoned C1. Conveniently located near the intersection of S Mary Ave and W Fremont Ave, it provides easy access to major transportation arteries, including Highway 280/85 and Highway 101/Interstate 880. The building is situated in Sunnyvale's thriving technology submarket, benefiting from high foot traffic due to its proximity to well-known retailers such as Hallmark, Smart & Final, Starbucks, and Wells Fargo. The property's Santa Clara County location (APN: 202-24-031, 202-24-032) offers a strategic advantage within a dynamic commercial environment. While there are no elevators, the property's traditional office layout and established tenant base present a compelling investment opportunity. This is an ideal location for businesses seeking high visibility and convenient access to a diverse range of amenities and transportation options.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,027,522
    6.5%
    $8,333,098
    7%
    $7,737,876
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,916,459
    Geo Method
    $7,081,246
  • Alternative Use

    Use
    Valuation
    Residential
    $7,029,280
    Hospitality
    $6,438,782
    Educational
    $5,356,991
    Medical
    $5,541,226
    Retail
    $8,333,098
1211 Mary Ave, Sunnyvale, California

Location Insight

City
Sunnyvale
County
Santa Clara
State
California
Latitude
37.3534
Longitude
-122.051
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
2022
-
$9,129,767
$3,294,390
$12,424,157
-
-
-
-

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