Specialty Medical Office
For Sale
$199,000
MorganHill, CA 95037, Morgan Hill, CA 95037
BusinessOpportunity, MorganHill, CA
Property Size350 SF
Lot Size0.01 Acres
Price / SF$568.57
Days on Market84
Property Features
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CT
Parking
4
Accessibility
Accessible Approach with Ramp
Subdivision
MorganHillGilroySanMartin
Standard status
Active
Size
350 SF
Lot size
0.01 Acres
Utilities
Heating system
Forced Air, Natural Gas, Central
Cooling system
Central Air, Gas (Cooling)
Building Details
Flooring type
Carpet
Roof type
Tile
Listing Agency:
GenX Realty, Inc. · Help-U-Sell Real Estate
(408) 778-0800
Listed By:
Tito Gonzalez · License #01424198
(408) 644-5870
Added: Jul 31
Changed: Oct 21
Last Checked: Oct 22 at 10:06AM
MLS# ML82056238
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The specialty healthcare practice operates from a 350-square-foot medical office in Morgan Hill. Services include lymphedema treatment, compression garment and prosthesis fittings, mastectomy products, therapy supplies, patient education and cancer-care support. The practice has served the South Bay for approximately 36 years and uses a hybrid payment approach, including direct patient payments and an established Kaiser reimbursement process.
The sale includes the business name, goodwill, furniture, fixtures, equipment, inventory, vendor relationships, and patient measurement and order history. The buyer may seek to assume the existing lease, subject to landlord approval.
The sale includes the business name, goodwill, furniture, fixtures, equipment, inventory, vendor relationships, and patient measurement and order history. The buyer may seek to assume the existing lease, subject to landlord approval.
Key Highlights
- 350‑square‑foot medical office in Morgan Hill
- Approximately 36 years serving the South Bay
- Services include lymphedema treatment, compression garment fitting and prosthesis fitting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,313
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$246,260
$246.3K
Cap Rate 7%
$175,900
$175.9K
Cap Rate 9%
$136,811
$136.8K
Market Conditions
NOI Build-Up for 350 SF
Gross rent
$19.6K $56.04/SF
− Vacancy
−$3.2K −$9.13/SF
EGI
$16.4K $46.91/SF
− OpEx
−$4.1K −$11.73/SF
NOI
$12.3K $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%
$246,260
Cap Rate 7%
$175,900
Cap Rate 9%
$136,811
Alternative Uses
Best Use
Office B
$175.9K
$153.9K – $205.2K
NOI $12,313 @ 7.0% cap · market cap 6.19%
Second Best
Healthcare Medical
$93.7K
$82.0K – $109.4K
NOI $6,562 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$211.3K
$184.9K – $246.5K
NOI $14,791 @ 7.0% cap · market cap 7.43%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Well-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Medical Office Space - A compact healthcare setting supports lymphedema care, product fittings, patient education and related supplies.
Where is this medical office space located?
The property is located at Morgan Hill, CA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 350‑square‑foot medical office in Morgan Hill; Approximately 36 years serving the South Bay; Services include lymphedema treatment, compression garment fitting and prosthesis fitting
