Five-Office Office
For Sale
Contact for pricing
18525 Sutter BLVD 280, Morgan Hill, CA 95037
Medical use is permitted, with a conference room and flexible space for reception, workstations, and support functions.
Property Size2,804 SF
Price / SF$2.00
Days on Market215
Property Features for 18525 Sutter BLVD 280
General Information
Standard status
Active
Size
2,804 SF
Elevators
Yes
Additional Details
Highway Access
Yes
Property Use
Office
Building Details
Year Built
2002
Listing Agency:
Beyond Homes
Listed By:
Joanne Conca · License #01276831
(408) 465-9771
Source:
Giuffreproperties
Added: Mar 30
Changed: Oct 28
Last Checked: Oct 28 at 2:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Beyond Homes
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at Tierra Vista, this office suite contains five private offices, a conference room, and adaptable areas for reception, workstations, and support functions. Interior windows bring natural light into the suite. Medical use is permitted.
The property is off 101 and Cochrane Road, with shopping and restaurants bordering the location. The building was constructed in 2002.
The property is off 101 and Cochrane Road, with shopping and restaurants bordering the location. The building was constructed in 2002.
Key Highlights
- Five private offices and a conference room
- Flexible areas for workstations, reception, and support functions
- Medical use permitted
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$98,642
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,972,840
$2.0M
Cap Rate 7%
$1,409,171
$1.4M
Cap Rate 9%
$1,096,022
$1.1M
Market Conditions
NOI Build-Up for 2,804 SF
Gross rent
$157.1K $56.04/SF
− Vacancy
−$25.6K −$9.13/SF
EGI
$131.5K $46.91/SF
− OpEx
−$32.9K −$11.73/SF
NOI
$98.6K $35.18/SF
Area
Santa Clara County, CA
Vacancy
16.30%
Lease Rate
$56.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,972,840
Cap Rate 7%
$1,409,171
Cap Rate 9%
$1,096,022
Alternative Uses
Best Use
Office B
$1.41M
$1.23M – $1.64M
NOI $98,642 @ 7.0% cap · market cap 1,758.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M
NOI $118,497 @ 7.0% cap · market cap 2,113.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
588
Businesses Nearby
Explore this area
Business Placement
Demographics for 95037, CA
53,126
Population
17,185
Households
3.1
Avg Household Size
41
Median Age
44%
College-Educated
90%
High-School Grad
120.1 sq mi
ZIP Area
442
Density / Sq Mi
$158,256
Median Household Income
$71,130
Median Earnings
$2,242
Median Rent
$1,152,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Medical use is permitted, with a conference room and flexible space for reception, workstations, and support functions.
Where is this office unit located?
The property is located at 18525 Sutter BLVD 280 Morgan Hill, CA.
What are key features of this property?
This property features: Five private offices and a conference room; Flexible areas for workstations, reception, and support functions; Medical use permitted
