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Property profile & analytics
OFF-MARKET
Estimated value
$5,115,000
Vineyards
1170 Diana Ave, Morgan Hill, CA 95037-3361
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5354203
Property summary
AI-generated overview
This exceptional 7.51-acre commercial land parcel presents a remarkable investment opportunity on Morgan Hill's coveted Auto Row, directly adjacent to established Ford and Chrysler/Jeep dealerships. Located on Diana Avenue in Santa Clara County, CA (zip code 95037), this property boasts unparalleled visibility and accessibility from US Highway 101, experiencing approximately 120,000 daily commuters. The HC-PD (highway commercial planned development) zoning allows for a variety of uses, ideal for auto dealerships, RV centers, truck sales, or similar businesses. The seller possesses renderings for a potential dealership and service station, and entitlements are currently in progress. This prime location benefits from a jointly shared freeway monument sign, ensuring maximum brand exposure. The property is divisible, offering flexibility for developers or owner-users. Serving the growing populations of Morgan Hill, Gilroy, San Martin, Southern San Jose, Hollister, and Northern San Benito County, this 7.51-acre site represents a unique chance to capitalize on a thriving automotive market. The asking price is $7,500,000. Broker co-op is available.
Property profile
Verified
Property type
Vineyards
Use group
WINERY
Lot
7.51 ac (327,135 SF)
Zoning code
A-20A
APN
728-17-036
UPID
US09-5354203
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.12M
Owner & transaction history
1170 Diana Avenue LLC · 3 yrs held
1170 Diana Avenue LLC
since 2023
Last sale
$5.2M
4 recorded transactions
Zoning & alternative use
A-20A · Morgan Hill, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Morgan Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morgan Hill submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$5,065,000
ML approach
$4,920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.12M
Range $4.60M – $5.63M · ±10% · vs last sale $5.24M (Mar 1 2023)
Last sale anchor
$5.24M
Mar 1 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$67,168
Tax year 2024
Assessed value
$5,339,445
Assessed 2024
Previous assessed
$5,339,445
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$5,100,000
Assessed improvement
$239,445
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Vineyards
Use group
WINERY
Status
Off-Market
Heating
NONE
Lot
7.51 ac (327,135 SF)
Zoning code
A-20A
APN
728-17-036
UPID
US09-5354203
Jurisdiction
SANTA CLARA
Zoning & alternative use
A-20A · Morgan Hill, CA
Zoning A-20A · permitted uses
A-20A · Morgan Hill, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Morgan Hill. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
7.51 ac
Current owner
From public records · entity-resolved
1170 Diana Avenue LLC
Entity
Mailing address
204 OLD MDW WAY, PALM BEACH GARDENS, FL 33418-3723
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2025
—
1170 Diana Avenue LLC
—
Deed
related
$350,000 · Pinnacle Bank
Mar 1, 2023
$5,235,000
1170 Diana Avenue LLC
S Omura & Sons INC
Grant Deed
$3,800,000 · Pinncacle Bank
Jun 22, 2018
$2,435,000
Morgan Hill Real Estate LLC
S Omura & Sons INC
Trustees Deed
$4,725,000 · Comerica Bk
Jun 22, 2018
—
Morgan Hill Real Estate LLC
—
Deed
related
$4,725,000 · Comerica Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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