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Property profile & analytics
OFF-MARKET
Office Spaces

16360 Monterey Rd Morgan Hill, CA 95037

27,600 SF 1.39 ac lot Built 1985
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1985
Total area 27,600 SF
Lot 1.39 ac (60,548 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
  • Guild Mortgage - Janene Towner Chernoff Loan Service Bank
  • wendy mosqueda, licensed marriage and family therapist Marriage Or Relationship Counselor
  • Insuravita Insurance Agency Inc LLC Insurance Agency
  • Kevin Bailey - State Farm Insurance Agent Insurance Agency
  • Covered California Certified Agent Insurance Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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