Property profile

18705 Madrone Pkwy Morgan Hill, CA 95037

FOR LEASE
Life science properties
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Property ID
US09-5569462
120,000 SF 6.86 ac Built 2001
Last sale Oct 2021·$16,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

A two-story office and research-and-development building with a work-focused layout designed to support combined office and R&D uses. The property includes showers and related amenities for daily employee use, and it is configured with on-site parking calculated at approximately 3.8 spaces per 1,000 square feet. It is situated in a corporate headquarters-oriented area near downtown Morgan Hill, with convenient access to Highway 101 and Monterey Highway for commuting and business travel. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$230k
Tax billed · 2024
Assessed value$19.77M
Assessed land$4.99M
Assessed improvement$14.77M
Effective rate1.17%

Value estimate

· Nov 2026
$11.66M
$10.49M – $12.82M
AI approach$8.76M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$571/SF
County average, outlier-cleaned · 134 recorded sales of this use type
Observed band · Q1–Q3$265 – $941
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
ML
JurisdictionSANTA CLARA

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand index
Auto Parts Store13.8
Auto Repair Shop13.6
HVAC Service13.1

Location

18705 Madrone Pkwy Morgan Hill, CA 95037
County assessor Recorded deeds · 3 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
16035 Vineyard, Morgan Hill, CA 95037-5480 $5,700,000 Dec 2024 19,679 SF
18115 Sutter, Morgan Hill, CA 95037-2739 $20,500,000 Jun 2022 70,305 SF
18695 Madrone Pkwypy, Morgan Hill, CA 95037-2868 $11,625,000 Oct 2021 31,172 SF
15920 Concord, Morgan Hill, CA 95037-5451 $3,800,000 Aug 2020 13,777 SF
380 Woodview, Morgan Hill, CA 95037-2823 $6,000,000 May 2019 27,580 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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