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975 Terra Bella Ave - M-M Zoned Acerage

0.86 Acres of Commercial Land Offered at $11,939,780 CAD in Mountain View, CA 94043

Investment Highlights

  • Rare opportunity to lease or purchase industrial property in Mountain View.
  • Convenient access to Highway 101 and 85.
  • Located at the corner of Terra Bella Avenue and San Rafael Avenue.
  • Potential to add adjoining properties.

Executive Summary

The property is located on the Southwest corner of Terra Bella Avenue near San Rafael Avenue. Access to the property is excellent, with a highway interchange less than one-half mile north of the building at Shoreline Boulevard and US Highway 101. Additionally, there is an interchange to Highway 85 on Moffett Boulevard, approximately one-half mile south of the property. Shoreline Boulevard, Middlefield Road, Central Expressway, and Moffett Boulevard are the major surface streets that provide access to the neighborhood. The property offers a rare opportunity to purchase an industrial property in the City of Mountain View. The property consists of a house that was converted into office with covered storage.
Major employers in the area include Google, LinkedIn, Samsung, Microsoft, Symantec, Synopsis and Lockheed Martin. Google is one of the largest employers in Silicon Valley and their headquarters is located just north of US Highway 101. The surrounding neighborhoods of the site have undergone a major redevelopment over the recent years. There are several new home developments, totaling more than 300 residences, either in the planning stages or currently under construction. Additionally, there is nearly 2.9 million square feet of new commercial space in various stages of planning and construction in the North Bayshore area.
Rare opportunity to purchase industrial property in Mountain View, Corner of Terra Bella Avenue and San Rafael Avenue, Planning Area: Moffett/Whisman, Convenient Access to Highway 101 and 85
Total Land Area: ±0.86 Acres, APN#: 153-18-030, Current Zoning: MM (General Industrial), Potential to add adjoining properties

Attachments

Terra Bella - OM

Property Facts

Price $11,939,780 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Hold For Investment
Total Lot Size 0.86 AC

1 Lot Available

Lot

Price $11,939,780 CAD
Price Per AC $13,915,828 CAD
Lot Size 0.86 AC

The property is located on the Southwest corner of Terra Bella Avenue near San Rafael Avenue. Access to the property is excellent, with a highway interchange less than one-half mile north of the building at Shoreline Boulevard and US Highway 101. Ad

Description

The property is located on the Southwest corner of Terra Bella Avenue near San Rafael Avenue. Access to the property is excellent, with a highway interchange less than one-half mile north of the building at Shoreline Boulevard and US Highway 101. Additionally, there is an interchange to Highway 85 on Moffett Boulevard, approximately one-half mile south of the property. Shoreline Boulevard, Middlefield Road, Central Expressway, and Moffett Boulevard are the major surface streets that provide access to the neighborhood.

Bike Score ®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
153-18-030
Land Assessment
$3,278,154 CAD
Improvements Assessment
$152,459 CAD
Total Assessment
$3,430,613 CAD

zoning

Zoning Code M-M, Mountain View (General Industrial)
M-M, Mountain View (General Industrial)
  • Listing ID: 26691369

  • Date on Market: 2022-09-22

  • Last Updated:

  • Address: 975 Terra Bella Ave, Mountain View, CA 94043

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