385 Woodview Ave, Morgan Hill, CA 95037
Single-story R&D/Flex building in north Morgan Hill. SBA financing opportunity.
- Added:
- Nov 21, 2025
- Days on Market:
- 223
- Last Refresh:
- May 19 at 9:56 pm
Property Features for 385 Woodview Ave
General Information
- Standard status
- Active
- Size
- 32,045 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1986
Listing office TRI Commercial | Walnut Creek (408) 207-8906
Listing date Nov 21, 2025
Source Tricommercial
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HighLights
- Freestanding Single Story R&D/Flex Building
- Immediate Occupancy of ±12,658 SF with Additional Space Available Soon
- Excellent Location: Close to Highway 101, Restaurants, and Retail
- High‑End Office Interiors
- Four (4) Grade Level Doors
- SBA Financing Opportunity
Overview
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $826.8k | $25.80 |
| − Vacancy | −$62.7k | −$1.96 |
| EGI | $764.1k | $23.84 |
| − OpEx | −$229.2k | −$7.15 |
| NOI | $534.9k | $16.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Morgan Hill
- County
- Santa Clara
- State
- California
- Longitude
- -121.661
- Latitude
- 37.1497