Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Secluded Land With Warehouse Title is generated by Realmo AI

    Uvas Rd, Morgan Hill, CA 95037

    View on Map
    Claim this Listing
    For Sale
    $1,688,000

    27 acres of vacant land with 10,000 sqft warehouse.

    Type:Land or Vacant Lot
    Lot size:
    20.00 Acres
    Added:
    Jun 8, 2025
    Days on Market:
    360
    Last Refresh:
    Apr 5 at 8:42 pm

    Property Features for Uvas Rd

    General Information

    Standard status
    Active
    Lot size
    20.00 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    CONNIE CHAN

    Listing agent CONNIE CHAN

    Listing office CT SQUARE, INC

    Listing date Jun 8, 2025

    Source Corcoran

    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 CT SQUARE, INC

    HighLights

    • Approximately 27 acres of secluded vacant land
    • Includes an approximately 10,000 square feet warehouse
    • Significant upside potential
    • Secluded location
    • Vacant land
    • Opportunity for improvement (needs TLC)

    Overview

    This is an approximately 27-acre secluded vacant land property that includes an approximately 10,000-square-foot warehouse. The property requires improvements and maintenance, presenting the potential for transformation.
    Location Intelligence

    Current Use by Public Records

    Adams Woods General Contractor Thousandtrails Park Thousand Trails Morgan ... Campground & RV Park SV Solar Panel ... Solar Energy Company Uvas Pines RV ... Campground & RV Park

    Suggested Use

    Real Estate Agency Law Firm Hotel & Motel Electronics & Wireless Store Wine and Liquor Store Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Morgan Hill
    County
    Santa Clara
    State
    California
    Longitude
    -121.745
    Latitude
    37.1518

    Nearby Similar for Sale

    • $3,250,000

      Development Land with Housing Options

      Land suitable for townhomes or mixed-use condo development.
      18060 Monterey Rd, Morgan Hill, CA 95037
      View Details
    • $1,200,000

      Park Plaza Commercial Land Parcel

      Rare commercial land parcel in established business and medical center.
      17705 Hale Ave, MORGAN HILL, CA 95037
      View Details
    • $1,200,000

      Park Plaza Commercial Land Parcel

      Rare commercial land parcel in established business and medical center.
      17705D HALE Avenue, MORGAN HILL, CA 95037
      View Details
    • $5,150,000

      Commercial

      16260 Church St, Morgan Hill, CA 95037
      View Details
    • $319,000

      Secluded Land Parcel with Structures

      Approximately 4-acre parcel with unfinished cabin and barn.
      14715 Uvas Road, MORGAN HILL, CA 95037
      View Details
    • $8,346,116
      3,615 SF

      BlueWave Express Car Wash

      Express car wash property for sale.
      18625 Monterey Rd, Morgan Hill, CA 95037
      View Details
    • $2,800,000
      10,380 SF

      Morgan Hill Self-Storage Facility

      Well-located self-storage facility in Morgan Hill, California.
      16325 Barrett Avenue, MORGAN HILL, CA 95037
      View Details
    • $2,340,000

      80 Acres in Paradise Valley

      Rare opportunity to own expansive acreage in Santa Clara County.
      00 Dahlberg Dr, MorganHill, CA 95037
      View Details
    • $425,000

      Recreational Land with Creek Access

      Land featuring a cabin, spring, creek, and hiking trails.
      790040 Croy Road, MORGAN HILL, CA 95037
      View Details
    • $289,000

      Updated Mobile Home in Senior Community

      Well-maintained 2-bedroom mobile home in a vibrant 55+ community.
      275 Burnett Ave 146, Morgan Hill, CA 95037
      View Details
    • $2,913,284
      132,422 SF

      Morgan Hill Industrial Property

      Large industrial property available in Morgan Hill, California.
      16325 Church St, Morgan Hill, CA 95037
      View Details
    • $8,950,000
      32,045 SF

      Freestanding R&D/Flex Building For Sale

      Single-story R&D/Flex building in north Morgan Hill.
      Morgan Hill, CA 95037
      View Details

    FAQs

    What type of property is this?
    Land - 27 acres of vacant land with 10,000 sqft warehouse.
    Where is this land located?
    The property is located at Uvas Rd Morgan Hill, CA.
    What is the asking price?
    The asking price for this property is $1,688,000.
    What are key features of this property?
    This property features: Approximately 27 acres of secluded vacant land; Includes an approximately 10,000 square feet warehouse; Significant upside potential
    (415) 238-8630
    We can help!
    Listing Contact
    CONNIE CHAN
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Uvas Rd, Morgan Hill, CA 95037
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!