16360 Monterey Rd Morgan Hill, CA 95037
This exceptional investment opportunity presents the Century Office Plaza, a well-maintained Class B office building situated on a 1.39-acre lot in Morgan Hill, California. Boasting 27,600 square feet of net rentable space across two stories, this property offers a diverse range of office configurations suitable for medical, executive, and traditional office uses. Built in 1985, the building is zoned CT and enjoys a prominent location on Monterey Road, benefiting from high visibility and frontage on two streets. Ample parking is provided, with a ratio of 3.88 spaces per 1,000 square feet, ensuring convenient access for tenants and visitors. The property features abundant natural light and is fully ADA compliant, enhancing its appeal and functionality. The asking price is $9,000,000, representing a compelling 5.00% capitalization rate. Its convenient location near shopping centers adds to its attractiveness. The property's APN is 817-02-017. This is a rare chance to acquire a well-positioned, versatile office building in a thriving California market. The property's size, location, and amenities make it an ideal investment for discerning buyers seeking strong returns and long-term growth potential.
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Guild Mortgage - Janene Towner Chernoff Loan Service Bank
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wendy mosqueda, licensed marriage and family therapist Marriage Or Relationship Counselor
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Insuravita Insurance Agency Inc LLC Insurance Agency
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Kevin Bailey - State Farm Insurance Agent Insurance Agency
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Covered California Certified Agent Insurance Agency
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
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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.