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    Property profile & analytics

    135 Main Ave Morgan Hill, CA 95037-4527

    • Retail space
    • 1,420 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    $865,000
    Last Sale
    Mar 03, 2023
    $905,000
    Location Intelligence
    Property ID
    US09-1666375
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Trans Aortic Medical Inc / Medical Equipment Supplier
    • Toney's Barber Shop / Barber Shop
    • Homebridge / Mortgage Lender / Financial Institution
    • Jessica Deniz | Homebridge | Mortgage Loan Originator / Mortgage Lender
    • North Coast Medical Inc / Medical Equipment Supplier

    Property Details for 135 Main Ave

    Year built
    1964
    Construction
    WOOD
    Lot size
    0.19 lot acres
    Property size
    1,420 SF
    Zone code
    CC
    Property type
    Retail space
    APN
    764-16-022
    APU
    76416022

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $870,000

    • CAP approach

      CAP return
      Estimation
      6%
      $875,000
      6.5%
      $855,000
      7%
      $825,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $990,000
      Geo Method
      $780,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $960,000
      Retail
      $885,000
      Mixed-Use
      $820,000
      Hospitality
      $775,000
      Educational
      $910,000
      Residential Income
      $820,000
      Energy
      $710,000
      Income-Based Land
      $725,000
      Food Service
      $805,000

    Location Insight

    • Map
    • Local Demand
    City
    Morgan Hill
    County
    Santa Clara
    State
    California
    Longitude
    -121.657
    Latitude
    37.1291
    CBSA code
    41940
    CBSA name
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $0.00
    $408,000
    $515,100
    $923,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      26,400 SF

      17045 Condit Rd

      RETAIL STORES (PERSONAL SERVICES) • 26,400 SF
      17045 Condit Rd, Morgan Hill, CA 95037-3301
      View Details
    • Value Estimation by Request
      6,169 SF

      275 Dunne Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,169 SF
      275 Dunne Ave, Morgan Hill, CA 95037-4610
      View Details
    • Value Estimation by Request
      10,240 SF

      17520 Monterey St

      RETAIL STORES (PERSONAL SERVICES) • 10,240 SF
      17520 Monterey St, Morgan Hill, CA 95037-3646
      View Details
    • Value Estimation by Request
      17,002 SF

      16995 Walnut Grv Dr

      RETAIL STORES (PERSONAL SERVICES) • 17,002 SF
      16995 Walnut Grv Dr, Morgan Hill, CA 95037-4440
      View Details
    • Value Estimation by Request
      1,044 SF

      17270 Monterey St

      RETAIL STORES (PERSONAL SERVICES) • 1,044 SF
      17270 Monterey St, Morgan Hill, CA 95037-3640
      View Details
    • Value Estimation by Request

      Morgan Hill, CA 95037

      RETAIL STORES (PERSONAL SERVICES)
      Morgan Hill, CA 95037
      View Details

    Similar Nearby for Sale

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      Automotive Property For Sale

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    Similar Nearby for Lease

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      Retail space available for lease in Morgan Hill, CA.
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      Retail space with highway frontage and development opportunities in Morgan Hill.
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      Retail Space near Highway 101

      Retail space with highway frontage and development opportunities in Morgan Hill.
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    • $2,550 /Mo
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      Prime commercial spaces available in high-traffic Morgan Hill shopping center.
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      Retail space available in nationally anchored shopping center.
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    • $1.50 SF/Yr
      6,437 SF

      Morgan Hill Mixed-Use Space

      Versatile space suitable for offices, retail, creative studios.
      17660 Monterey St, Morgan Hill, CA 95037
      View Details
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    135 Main Ave
    Morgan Hill, CA 95037-4527
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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