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Property profile & analytics
OFF-MARKET
Land

550 Monterey Rd Morgan Hill, CA 95037

75,873 SF Built 1980
Property ID
Property summary
AI-generated overview

This exceptional 11.48-acre industrial property, located at 550 Monterey Rd (also known as 10160 Monterey Rd) in Morgan Hill, California, presents a significant investment opportunity. The property boasts a substantial 75,873-square-foot building, with 60,000 square feet currently vacant, offering considerable flexibility for a variety of uses. Constructed in 1980, the building sits on a fenced yard, ideal for secure operations and storage. The property is zoned A40A within Santa Clara County, and its single-tenant occupancy provides a streamlined operational structure. The expansive lot size provides ample room for expansion or future development. This property is perfect for businesses seeking a large footprint in a desirable location. Its strategic location in Morgan Hill, CA, zip code 95037, offers convenient access to major transportation routes, making it an attractive option for logistics and distribution companies. The existing building provides immediate occupancy potential, while the significant vacant space allows for customization to meet specific business needs. This is a rare opportunity to acquire a substantial industrial property in a thriving market. The property's agricultural subtype, combined with its industrial zoning, offers unique possibilities for businesses seeking a blend of land and building space.

Property profile
Verified
Property type Land
Year built 1980
Total area 75,873 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Marra Brothers Distributing Distribution Center Logistics Company
  • U Pick Orchards (Ranch 5) Specialty Food Shop Farmer's Market
  • West Coast Farms, LLC. Food Processing Plant
  • Ranch Sophie Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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