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975 Terra Bella Ave - M-M Zoned Acerage 0.86 Acres of Commercial Land Offered at $8,500,000 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
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
PROPERTY FACTS
| Price | $8,500,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Hold For Investment |
| No. Lots | 1 | Total Lot Size | 0.86 AC |
| Property Type | Land | ||
| Zoning | M-M, Mountain View - General Industrial | ||
| Price | $8,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Hold For Investment |
| Total Lot Size | 0.86 AC |
| Zoning | M-M, Mountain View - General Industrial |
1 LOT AVAILABLE
Lot
| Price | $8,500,000 | Lot Size | 0.86 AC |
| Price Per AC | $9,906,759.91 |
| Price | $8,500,000 |
| Price Per AC | $9,906,759.91 |
| 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.
PROPERTY TAXES
| Parcel Number | 153-18-030 | Improvements Assessment | $113,733 |
| Land Assessment | $2,445,481 | Total Assessment | $2,559,214 |
PROPERTY TAXES
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975 Terra Bella Ave - M-M Zoned Acerage
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