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    16120 Monterey St Morgan Hill, CA 95037

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    For Sale
    $1,195,000

    Automotive property featuring three grade level doors, leased until 2025.

    Property size:
    2,720 SF
    Lot size:
    0.37 Acres

    Property Features for 16120 Monterey St

    General Information

    Size
    2,720 SF
    Lot size
    0.37 Acres

    Source: Kidder Mathews | Silicon Valley Agent Derik Benson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Automotive Property For Sale

    This automotive property, ideal for automotive use, features three grade level doors. The property is currently leased until November 30, 2025. The building has a size of 2,720 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    South County Muffler, Dent Pro, FasterLube Complete Auto Service, Big O Tires, Calderon Mobile Roadside Tire Service

    Location Insight

    • Map
    • Local Demand
    City
    Morgan Hill
    County
    Santa Clara
    State
    California
    Longitude
    -121.643583
    Latitude
    37.115325

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    FAQs

    What type of property is this?
    Auto shop - Automotive property featuring three grade level doors, leased until 2025.
    Where is this auto shop located?
    The property is located at 16120 Monterey St Morgan Hill, CA.
    What is the asking price?
    The asking price for this property is $1,195,000.
    What are key features of this property?
    This property features: - Ideal for automotive use; - Three (3) grade level doors; - Sale price of $1,632,000 ($600/SF)
    (408) 970-9400
    Request Owner's contact information
    16120 Monterey St Morgan Hill, CA 95037
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    Morgan Hill, CA 95037
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16120 Monterey St Morgan Hill, CA 95037
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