R&D Industrial
700 Jarvis Dr Morgan Hill, CA 95037
For Sale
Contact for pricing
R&D/industrial facility with quality office buildout, 20’–24’ clear height, and multiple loading doors.
Property Size54,545 SF
Lot Size3.09 Acres
Price / SF$199.83
Days on Market17
Property Features for 700 Jarvis Dr
General Information
Standard status
Active
Size
54,545 SF
Lot size
3.09 Acres
Property subtype
INDUSTRIAL
Listing Agency:
SVN | Capital West Partners
(408) 803-5003
Listed By:
Robin Santiago, SIOR, CCIM · License #01754421
(408) 803-5003
Source:
Moodyscre
Added: Jul 14
Changed: Jul 29
Last Checked: Jul 29 at 8:58AM
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 SVN | Capital West Partners
Investment Insights
Based on property information with market context.
This R&D/industrial building totals 54,545 square feet on a 3.09-acre parcel and features a high-image corporate office buildout of approximately 25% of the space, with attractive interior finishes. The warehouse portion supports strong operational functionality with 20’–24’ clear height and efficient loading, including one dock-high platform and 11 grade-level loading doors.
The property includes robust power capacity of 1,200 amps at 480V three-phase service. Parking is provided with 125 stalls. The building is located in Morgan Hill’s premier industrial and technology corridor with convenient access to Highway 101, surrounded by established technology, manufacturing, and industrial users.
The property includes robust power capacity of 1,200 amps at 480V three-phase service. Parking is provided with 125 stalls. The building is located in Morgan Hill’s premier industrial and technology corridor with convenient access to Highway 101, surrounded by established technology, manufacturing, and industrial users.
Key Highlights
- ±154,545 SF R&D/industrial building on a ±3.09‑acre parcel with a quality office buildout (~25% office).
- Warehouse offers 20’–24’ clear height.
- Loading includes 1 dock‑high platform and 11 grade‑level loading doors.
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 | $1.41M | $25.80 |
| − Vacancy | −$106.7k | −$1.96 |
| EGI | $1.30M | $23.84 |
| − OpEx | −$390.2k | −$7.15 |
| NOI | $910.4k | $16.69 |
54,545 SF · lease $25.80/SF/yr · vacancy 7.58% · expense 30.00%
Alternative Uses
Best Use
Office B
$27.41M
$23.99M – $31.98M
NOI $1,918,845 @ 7.0% cap · market cap 17.60%
Second Best
Warehouse
$15.79M
$13.82M – $18.43M
NOI $1,105,502 @ 7.0% cap · market cap 10.14%
Theoretical Best
Office A
$32.93M
$28.81M – $38.42M
NOI $2,305,076 @ 7.0% cap · market cap 21.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - R&D/industrial facility with quality office buildout, 20’–24’ clear height, and multiple loading doors.
Where is this flex space located?
The property is located at 700 Jarvis Dr Morgan Hill, CA.
What is the asking price?
The asking price for this property is $10,900,000.
What are key features of this property?
This property features: ±154,545 SF R&D/industrial building on a ±3.09‑acre parcel with a quality office buildout (~25% office).; Warehouse offers 20’–24’ clear height.; Loading includes 1 dock‑high platform and 11 grade‑level loading doors.
