0 Sec Cochrane & Butterfield, Morgan Hill, CA 95037
This exceptional commercial property, known as Evergreen Village, presents a unique investment opportunity in the thriving Morgan Hill, California market. Located at the intersection of Cochrane and Butterfield, this property boasts a total of 471,250 square feet of retail space across a single suite, situated on a sizable lot ranging from 1.8 to 7.05 acres. The property is zoned for general commercial use, providing significant flexibility for a variety of business ventures. Currently, there is minimal vacancy (1 square foot), indicating high occupancy and strong tenant demand. The property's strategic location in Santa Clara County, with a 95037 zip code, offers excellent access to major transportation routes and a robust consumer base. The multiple tenancy structure allows for diverse business opportunities, making it an ideal investment for both established businesses and new ventures. This expansive retail space presents a rare chance to acquire a significant commercial property in a high-growth area. The property's size and zoning provide ample room for expansion or redevelopment, catering to a wide range of business needs. With its prime location and substantial square footage, this property is poised for continued success and significant return on investment. The property is currently available for lease.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.