17760 Monterey Hwy Morgan Hill, CA 95037
This exceptional multi-tenant office building, located at 17760 Monterey Highway in Morgan Hill, California, presents a compelling investment opportunity. The property boasts 6,765 square feet of well-maintained office space, ideally suited for a variety of businesses. Constructed in 1979, the building comprises 15 individual office suites, most of which are currently leased on a month-to-month basis, offering immediate cash flow and potential for future rent increases. The property is zoned MU-F (Mixed Use - Flex), providing flexibility for diverse uses. This zoning allows for a range of possibilities, enhancing the property's long-term value and appeal to a broad spectrum of potential tenants. The asking price is $1,600,000. A sister building, located at 17770 Monterey Highway, is also available for purchase, presenting a unique opportunity for portfolio expansion. Situated in Santa Clara County, California, with a zip code of 95037, this property benefits from a strategic location within Morgan Hill. The building's layout and existing tenant base provide a solid foundation for continued success and growth. This is an excellent opportunity to acquire a well-positioned, income-generating asset in a thriving California market.
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.