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5.5+ Acre - Infill Mountain View 1250 Grant Rd 62,544 SF Retail Building Mountain View, CA 94040 For Sale



Investment Highlights
- Prime Location in the Heart of Silicon Valley
- One of the Nation’s Strongest Employment Markets
- Affluent Demographics with Proven Spending Power
- Supply-Constrained Housing Market
- Housing Element Site – Ministerial Approval Potential
- Large-Scale Infill Site with Multiple Repositioning Paths
Executive Summary
REvolve Growth Partners has been exclusively retained to offer for lease or sale a 5.56-acre infill property located at 1250 Grant Road in Mountain View, CA. The site is currently occupied by a 62,544 SF Nob Hill grocery store through June 2026 and is prominently positioned near the high traffic intersection of El Camino Real and Grant Rd. The subject property features immediate retail functionality within a planning framework that supports redevelopment.
Importantly, the parcel is identified within the City of Mountain View’s Housing Element Site Inventory, reinforcing its recognized capacity for residential development. This designation enhances the property’s positioning as a state-aligned housing opportunity and may be eligible for ministerial approval pathways, including SB 35 / SMAP, subject to a qualifying project and objective standards.
Situated in one of Silicon Valley’s most desirable and supply-constrained submarkets, the site benefits from an affluent, highly educated population and strong daily traffic generated by nearby retail and employment anchors. The offering provides flexibility to continue or re-tenant the existing retail use while evaluating longer-term mixed-use or residential redevelopment potential under the Grant-Phyllis Precise Plan and applicable state housing policies.
Importantly, the parcel is identified within the City of Mountain View’s Housing Element Site Inventory, reinforcing its recognized capacity for residential development. This designation enhances the property’s positioning as a state-aligned housing opportunity and may be eligible for ministerial approval pathways, including SB 35 / SMAP, subject to a qualifying project and objective standards.
Situated in one of Silicon Valley’s most desirable and supply-constrained submarkets, the site benefits from an affluent, highly educated population and strong daily traffic generated by nearby retail and employment anchors. The offering provides flexibility to continue or re-tenant the existing retail use while evaluating longer-term mixed-use or residential redevelopment potential under the Grant-Phyllis Precise Plan and applicable state housing policies.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
62,544 SF
Building Class
B
Year Built/Renovated
1971/2005
Tenancy
Single
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
0.26
Lot Size
5.56 AC
Zoning
*P27 - Grant/Phyllis Precise Plan
Parking
310 Spaces (4.96 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Storage Space
- Car Charging Station
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 58,772 SF
- Retail
- -
- Jul 2026
| Space | Size | Space Use | Position | Available |
| 1st Floor | 58,772 SF | Retail | - | Jul 2026 |
1st Floor
| Size |
| 58,772 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Jul 2026 |
Walk Score®
Very Walkable (83)
Bike Score®
Biker's Paradise (97)
Nearby Major Retailers
Property Taxes
| Parcel Number | 193-14-012 | Improvements Assessment | $14,213,727 CAD |
| Land Assessment | $26,231,839 CAD | Total Assessment | $40,445,566 CAD |
Property Taxes
Parcel Number
193-14-012
Land Assessment
$26,231,839 CAD
Improvements Assessment
$14,213,727 CAD
Total Assessment
$40,445,566 CAD
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5.5+ Acre - Infill Mountain View | 1250 Grant Rd
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