Property profile

18545 Monterey Rd Morgan Hill, CA 95037

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 1,065,000 USD investment opportunity presents a rare chance to acquire a PUD (Planned Unit Development) zoned parcel of land located at 18545 Monterey Rd, Morgan Hill, CA 95037. Situated in Santa Clara County, this vacant land offers numerous development possibilities. The PUD zoning allows for a wide range of projects, including single-family homes, townhomes, condominiums, retail spaces, and commercial buildings, providing significant flexibility for the buyer. Morgan Hill is a thriving community at the southern edge of Silicon Valley, boasting a desirable location within the San Francisco Bay Area. Residents enjoy access to numerous amenities, including nature parks, wildlife areas, a vibrant downtown with restaurants and entertainment options, wineries, and a strong presence of high-tech companies. The property benefits from convenient freeway access and a short commute to nearby cities such as San Jose and Gilroy. This is an exceptional opportunity for investors, builders, and developers seeking a prime location with significant development potential in a highly sought-after area. The property is classified as industrial land and is currently vacant. The latitude and longitude coordinates are 37.142665, -121.663322 respectively.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

18545 Monterey Rd Morgan Hill, CA 95037
Morgan Hill metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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